Realty Income Corporation $O Shares Sold by Hilltop Holdings Inc.

Hilltop Holdings Inc. decreased its position in Realty Income Corporation (NYSE:OFree Report) by 38.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,917 shares of the real estate investment trust’s stock after selling 11,245 shares during the quarter. Hilltop Holdings Inc.’s holdings in Realty Income were worth $1,096,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in O. EFG International AG bought a new position in Realty Income during the fourth quarter worth $26,000. Evolution Wealth Management Inc. increased its stake in Realty Income by 257.1% during the fourth quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 360 shares during the last quarter. Quattro Advisors LLC acquired a new stake in shares of Realty Income during the fourth quarter worth $29,000. Sankala Group LLC bought a new position in shares of Realty Income in the 4th quarter worth about $32,000. Finally, FNY Investment Advisers LLC lifted its position in shares of Realty Income by 622.2% in the 4th quarter. FNY Investment Advisers LLC now owns 650 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 560 shares during the last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.

Key Realty Income News

Here are the key news stories impacting Realty Income this week:

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Freedom Capital raised shares of Realty Income from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Wells Fargo & Company increased their price target on Realty Income from $64.00 to $65.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 15th. Scotiabank lowered their price objective on Realty Income from $72.00 to $67.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. Barclays cut their target price on Realty Income from $68.00 to $67.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Finally, Stifel Nicolaus set a $70.75 price objective on shares of Realty Income in a report on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $67.11.

Read Our Latest Stock Analysis on Realty Income

Realty Income Stock Up 1.3%

Shares of Realty Income stock opened at $65.59 on Friday. The business’s fifty day moving average price is $62.45 and its two-hundred day moving average price is $62.70. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56. The company has a market capitalization of $61.16 billion, a P/E ratio of 53.76, a PEG ratio of 5.12 and a beta of 0.72. Realty Income Corporation has a 1-year low of $55.86 and a 1-year high of $67.93.

Realty Income (NYSE:OGet Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.03. Realty Income had a return on equity of 2.80% and a net margin of 18.94%.The company had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the previous year, the firm posted $1.06 EPS. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. As a group, research analysts forecast that Realty Income Corporation will post 4.45 EPS for the current year.

Realty Income Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be given a $0.271 dividend. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date is Friday, July 31st. Realty Income’s dividend payout ratio is currently 266.39%.

About Realty Income

(Free Report)

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.

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Institutional Ownership by Quarter for Realty Income (NYSE:O)

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