Fjarde AP Fonden Fourth Swedish National Pension Fund Makes New Investment in Realty Income Corporation $O

Fjarde AP Fonden Fourth Swedish National Pension Fund purchased a new position in Realty Income Corporation (NYSE:O) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 177,053 shares of the real estate investment trust’s stock, valued at approximately $9,980,000.

Several other institutional investors have also added to or reduced their stakes in O. Stance Capital LLC purchased a new position in Realty Income during the third quarter valued at approximately $27,000. Evolution Wealth Management Inc. raised its position 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 acquiring an additional 360 shares in the last quarter. Ameriflex Group Inc. raised its position in Realty Income by 68.7% during the third quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 215 shares in the last quarter. FNY Investment Advisers LLC increased its position in shares of Realty Income by 622.2% in the fourth quarter. FNY Investment Advisers LLC now owns 650 shares of the real estate investment trust’s stock valued at $36,000 after buying an additional 560 shares in the last quarter. Finally, Costello Asset Management INC purchased a new stake in shares of Realty Income in the fourth quarter valued at approximately $37,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Realty Income Trading Up 1.9%

Shares of O stock opened at $60.90 on Friday. Realty Income Corporation has a twelve month low of $55.60 and a twelve month high of $67.93. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72. The business’s 50 day moving average is $62.38 and its two-hundred day moving average is $61.27. The company has a market capitalization of $56.79 billion, a P/E ratio of 49.92, a price-to-earnings-growth 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 EPS for the quarter, topping the consensus estimate of $1.10 by $0.03. The business had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.39 billion. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.06 EPS. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Equities analysts forecast that Realty Income Corporation will post 4.44 EPS for the current year.

Realty Income Dividend Announcement

The company also recently declared 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. The ex-dividend date is Friday, May 29th. This represents a c) annualized dividend and a yield of 5.3%. Realty Income’s dividend payout ratio is currently 266.39%.

Insider Buying and Selling

In other Realty Income news, insider Michelle Bushore sold 7,400 shares of the company’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total transaction of $461,908.00. Following the completion of the sale, the insider directly owned 67,641 shares in the company, valued at $4,222,151.22. This represents a 9.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have issued reports on O. Weiss Ratings restated a “hold (c+)” rating on shares of Realty Income in a report on Friday, April 10th. Mizuho dropped their target price on Realty Income from $68.00 to $66.00 and set a “neutral” rating for the company in a report on Wednesday, May 13th. Royal Bank Of Canada increased their price target on Realty Income from $70.00 to $71.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. Morgan Stanley set a $67.00 price target on Realty Income in a report on Monday, April 27th. Finally, Freedom Capital raised Realty Income from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $67.46.

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.