Prairiewood Capital LLC Acquires 14,644 Shares of Realty Income Corporation $O

Prairiewood Capital LLC boosted its holdings in shares of Realty Income Corporation (NYSE:O) by 15.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 110,059 shares of the real estate investment trust’s stock after acquiring an additional 14,644 shares during the quarter. Realty Income makes up approximately 1.9% of Prairiewood Capital LLC’s portfolio, making the stock its 15th largest holding. Prairiewood Capital LLC’s holdings in Realty Income were worth $6,204,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of O. Vanguard Group Inc. raised its position in shares of Realty Income by 2.5% in the third quarter. Vanguard Group Inc. now owns 149,730,338 shares of the real estate investment trust’s stock valued at $9,102,107,000 after purchasing an additional 3,594,127 shares during the period. State Street Corp boosted its position in shares of Realty Income by 2.1% in the third quarter. State Street Corp now owns 63,028,892 shares of the real estate investment trust’s stock valued at $3,831,526,000 after acquiring an additional 1,295,936 shares during the period. Barclays PLC lifted its position in Realty Income by 52.7% in the third quarter. Barclays PLC now owns 2,741,766 shares of the real estate investment trust’s stock worth $166,672,000 after purchasing an additional 946,815 shares during the period. Aew Capital Management L P lifted its position in Realty Income by 44.5% in the third quarter. Aew Capital Management L P now owns 2,139,078 shares of the real estate investment trust’s stock worth $130,035,000 after purchasing an additional 658,910 shares during the period. Finally, Raymond James Financial Inc. lifted its position in Realty Income by 5.8% in the second quarter. Raymond James Financial Inc. now owns 12,011,841 shares of the real estate investment trust’s stock worth $692,002,000 after purchasing an additional 654,958 shares during the period. Institutional investors own 70.81% of the company’s stock.

Realty Income Stock Performance

Realty Income stock opened at $63.81 on Wednesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.40 and a quick ratio of 1.40. The stock has a fifty day moving average price of $63.88 and a two-hundred day moving average price of $60.35. Realty Income Corporation has a 52-week low of $54.38 and a 52-week high of $67.93. The firm has a market capitalization of $59.50 billion, a P/E ratio of 54.54, a P/E/G ratio of 4.69 and a beta of 0.79.

Realty Income (NYSE:O) last released its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.08. The firm had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.40 billion. Realty Income had a return on equity of 2.68% and a net margin of 18.41%.The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.05 earnings per share. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. As a group, analysts anticipate that Realty Income Corporation will post 4.19 EPS for the current fiscal year.

Realty Income Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 30th will be issued a dividend of $0.2705 per share. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Thursday, April 30th. Realty Income’s dividend payout ratio is presently 277.78%.

Analysts Set New Price Targets

Several research firms have issued reports on O. Mizuho increased their price objective on Realty Income from $60.00 to $68.00 and gave the stock a “neutral” rating in a research note on Wednesday, March 11th. Scotiabank increased their price objective on Realty Income from $67.00 to $69.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, March 11th. Stifel Nicolaus increased their price objective on Realty Income from $67.75 to $70.50 and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Barclays increased their price objective on Realty Income from $64.00 to $65.00 and gave the stock an “equal weight” rating in a research note on Friday, March 13th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Realty Income in a research note on Friday. Six investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Realty Income has an average rating of “Hold” and an average target price of $66.39.

Insider Activity at Realty Income

In other news, insider Michelle Bushore sold 7,400 shares of the stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total transaction of $461,908.00. Following the sale, the insider owned 67,641 shares in the company, valued at approximately $4,222,151.22. This represents a 9.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.10% of the company’s stock.

About Realty Income

Realty Income Corporation (NYSE: O) is a real estate investment trust (REIT) that acquires, owns and manages commercial properties subject primarily to long-term net lease agreements. The company’s business model focuses on generating predictable, contractual rental income by leasing properties to tenants under agreements that typically place responsibility for taxes, insurance and maintenance on the tenant. Realty Income is publicly traded on the New York Stock Exchange and markets itself as a reliable income-oriented REIT.

Realty Income’s portfolio is concentrated in single-tenant, retail and service-oriented properties such as drugstores, convenience stores, dollar and discount retailers, restaurants, and other essential-service businesses.