Kestra Private Wealth Services LLC Grows Holdings in Realty Income Corporation $O

Kestra Private Wealth Services LLC increased its holdings in Realty Income Corporation (NYSE:O) by 11.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 154,470 shares of the real estate investment trust’s stock after acquiring an additional 16,277 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Realty Income were worth $9,450,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of O. Stance Capital LLC purchased a new stake in Realty Income in the third quarter worth about $27,000. EFG International AG bought a new stake in shares of Realty Income in the 4th quarter worth approximately $26,000. Evolution Wealth Management Inc. boosted its position in shares of Realty Income by 257.1% in the 4th quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 360 shares in the last quarter. Quattro Advisors LLC purchased a new stake in shares of Realty Income in the 4th quarter worth approximately $29,000. Finally, Ameriflex Group Inc. grew its stake in shares of Realty Income by 68.7% in the 3rd quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock worth $32,000 after buying an additional 215 shares during the last quarter. 70.81% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Realty Income news, insider Michelle Bushore sold 7,400 shares of the stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total value of $461,908.00. Following the transaction, the insider owned 67,641 shares of the company’s stock, valued at approximately $4,222,151.22. This represents a 9.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on O. Jefferies Financial Group started coverage on Realty Income in a research note on Monday, June 1st. They set a “buy” rating and a $69.00 price objective for the company. Scotiabank cut their target price on Realty Income from $72.00 to $67.00 and set a “sector outperform” rating on the stock in a research note on Thursday, June 18th. Barclays raised their price target on Realty Income from $65.00 to $68.00 and gave the company an “equal weight” rating in a report on Tuesday, April 21st. Mizuho decreased 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. Finally, UBS Group set a $67.00 price objective on Realty Income in a research report on Thursday, June 18th. One equities 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 assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $66.75.

Realty Income Trading Down 0.1%

NYSE:O opened at $61.95 on Friday. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72. Realty Income Corporation has a 12 month low of $55.86 and a 12 month high of $67.93. The company has a market cap of $57.77 billion, a PE ratio of 50.78, a price-to-earnings-growth ratio of 4.84 and a beta of 0.72. The company has a 50 day simple moving average of $62.17 and a two-hundred day simple moving average of $61.71.

Realty Income (NYSE:O) last released its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.03. The firm had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.39 billion. Realty Income had a return on equity of 2.80% and a net margin of 18.94%.The company’s revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.06 EPS. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Research analysts forecast that Realty Income Corporation will post 4.45 earnings per share for the current year.

Realty Income Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a dividend of $0.271 per share. This represents a c) dividend on an annualized basis and a yield of 5.2%. This is a boost from Realty Income’s previous monthly dividend of $0.27. The ex-dividend date is Tuesday, June 30th. Realty Income’s dividend payout ratio (DPR) is currently 266.39%.

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.