Realty Income Corporation $O Shares Acquired by Prestige Wealth Management Group LLC

Prestige Wealth Management Group LLC lifted its stake in Realty Income Corporation (NYSE:OFree Report) by 1,408.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,290 shares of the real estate investment trust’s stock after buying an additional 12,409 shares during the quarter. Prestige Wealth Management Group LLC’s holdings in Realty Income were worth $813,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. EFG International AG purchased a new stake in Realty Income in the 4th quarter worth approximately $26,000. Evolution Wealth Management Inc. grew its stake in shares of Realty Income by 257.1% during 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 during the period. Quattro Advisors LLC purchased a new position in shares of Realty Income during the 4th quarter valued at approximately $29,000. Sankala Group LLC purchased a new position in shares of Realty Income during the 4th quarter valued at approximately $32,000. Finally, FNY Investment Advisers LLC lifted its stake 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 valued at $36,000 after purchasing an additional 560 shares during the period. 70.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Wells Fargo & Company increased their price target on shares of Realty Income from $64.00 to $65.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 15th. Huntington began coverage on Realty Income in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $70.00 price target for the company. UBS Group set a $67.00 price objective on shares of Realty Income in a research report on Thursday, June 18th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Realty Income in a research note on Wednesday, July 8th. Finally, Mizuho cut their price objective on Realty Income from $68.00 to $66.00 and set a “neutral” rating for the company in a research note on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $67.11.

View Our Latest Research Report on Realty Income

Realty Income Price Performance

O stock opened at $65.14 on Thursday. Realty Income Corporation has a 52-week low of $55.86 and a 52-week high of $67.93. The business has a fifty day moving average of $62.31 and a two-hundred day moving average of $62.63. The stock has a market cap of $60.74 billion, a price-to-earnings ratio of 53.39, a price-to-earnings-growth ratio of 5.07 and a beta of 0.72. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72.

Realty Income (NYSE:OGet Free Report) last issued its quarterly earnings data 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. The firm had revenue of $1.55 billion during 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 last year, the company earned $1.06 EPS. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. As a group, research analysts anticipate that Realty Income Corporation will post 4.45 earnings per share for the current year.

Realty Income Announces Dividend

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

More Realty Income News

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

Realty Income Company Profile

(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.

Featured Stories

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

Receive News & Ratings for Realty Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Realty Income and related companies with MarketBeat.com's FREE daily email newsletter.