Prudential PLC Has $1.88 Million Position in Realty Income Corporation $O

Prudential PLC raised its position in Realty Income Corporation (NYSE:O) by 62.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,369 shares of the real estate investment trust’s stock after purchasing an additional 12,813 shares during the quarter. Prudential PLC’s holdings in Realty Income were worth $1,881,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC increased its stake in shares of Realty Income by 11.2% during the 4th quarter. Brighton Jones LLC now owns 6,101 shares of the real estate investment trust’s stock worth $326,000 after purchasing an additional 615 shares during the last quarter. Bison Wealth LLC bought a new stake in shares of Realty Income during the 4th quarter worth about $571,000. Empowered Funds LLC increased its holdings in shares of Realty Income by 8.0% during the 1st quarter. Empowered Funds LLC now owns 18,029 shares of the real estate investment trust’s stock valued at $1,041,000 after acquiring an additional 1,330 shares during the last quarter. Woodline Partners LP raised its stake in shares of Realty Income by 41.3% in the 1st quarter. Woodline Partners LP now owns 73,942 shares of the real estate investment trust’s stock valued at $4,289,000 after acquiring an additional 21,603 shares in the last quarter. Finally, Intech Investment Management LLC raised its stake in shares of Realty Income by 14.9% in the 1st quarter. Intech Investment Management LLC now owns 25,401 shares of the real estate investment trust’s stock valued at $1,474,000 after acquiring an additional 3,290 shares in the last quarter. 70.81% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

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. Corporate insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on O shares. UBS Group upgraded shares of Realty Income to a “hold” rating in a research note on Monday, June 1st. Scotiabank reissued an “outperform” rating on shares of Realty Income in a research report on Tuesday, May 12th. Royal Bank Of Canada upped their price target on shares of Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Freedom Capital raised Realty Income from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Finally, Wall Street Zen upgraded Realty Income from a “sell” rating to a “hold” rating in a research note on Saturday, February 28th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $67.46.

Realty Income Price Performance

NYSE:O opened at $60.90 on Monday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56. The company has a 50-day moving average of $62.38 and a 200-day moving average of $61.30. Realty Income Corporation has a 52 week low of $55.60 and a 52 week high of $67.93. The company has a market capitalization of $56.79 billion, a price-to-earnings ratio of 49.92, a PEG ratio of 4.76 and a beta of 0.72.

Realty Income (NYSE:O) last released its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $0.03. The company had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.39 billion. Realty Income had a return on equity of 2.80% and a net margin of 18.94%.The company’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.06 earnings per share. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. As a group, equities research analysts anticipate that Realty Income Corporation will post 4.44 earnings per share for the current fiscal year.

Realty Income Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be paid a dividend of $0.2705 per share. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend is Friday, May 29th. Realty Income’s dividend payout ratio is currently 265.57%.

Realty Income Company Profile

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.