38,170 Shares in Realty Income Corporation $O Bought by Vise Technologies Inc.

Vise Technologies Inc. bought a new stake in shares of Realty Income Corporation (NYSE:O) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 38,170 shares of the real estate investment trust’s stock, valued at approximately $2,365,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. OVERSEA CHINESE BANKING Corp Ltd purchased a new stake in Realty Income in the 2nd quarter worth $2,636,000. E Fund Management Co. Ltd. purchased a new position in shares of Realty Income during the second quarter valued at about $212,000. MSH Capital Advisors LLC purchased a new position in shares of Realty Income during the second quarter valued at about $3,709,000. Csenge Advisory Group bought a new stake in shares of Realty Income in the second quarter worth about $1,489,000. Finally, West Family Investments Inc. bought a new stake in shares of Realty Income in the second quarter worth about $236,000. 70.81% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Wells Fargo & Company increased their price target on Realty Income from $64.00 to $65.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 15th. Huntington assumed coverage on Realty Income in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $70.00 price objective on the stock. UBS Group set a $67.00 price objective on Realty Income in a report on Thursday, June 18th. Jefferies Financial Group began coverage on Realty Income in a research report on Monday, June 1st. They set a “buy” rating and a $69.00 target price for the company. Finally, Mizuho cut their target price on shares of Realty Income from $68.00 to $66.00 and set a “neutral” rating for the company in a report on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $67.42.

Realty Income Stock Down 0.9%

Shares of NYSE:O opened at $62.61 on Friday. The company has a current ratio of 5.88, a quick ratio of 5.88 and a debt-to-equity ratio of 0.73. Realty Income Corporation has a 12 month low of $55.86 and a 12 month high of $67.93. The company has a 50-day moving average price of $63.18 and a 200 day moving average price of $63.16. The company has a market cap of $59.24 billion, a price-to-earnings ratio of 45.70, a PEG ratio of 4.48 and a beta of 0.71.

Realty Income (NYSE:O) last released its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 EPS for the quarter, hitting the consensus estimate of $1.09. Realty Income had a return on equity of 3.12% and a net margin of 20.93%.The company had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same quarter last year, the business posted $1.05 earnings per share. The firm’s revenue was up 9.7% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. As a group, equities research analysts predict that Realty Income Corporation will post 4.43 earnings per share for the current year.

Realty Income Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a $0.271 dividend. The ex-dividend date is Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. Realty Income’s payout ratio is 237.23%.

Realty Income 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.