68,014 Shares in Realty Income Corporation $O Acquired by Tulsa Wealth Advisors INC

Tulsa Wealth Advisors INC acquired a new stake in Realty Income Corporation (NYSE:O) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 68,014 shares of the real estate investment trust’s stock, valued at approximately $4,214,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in shares of Realty Income by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 150,415,287 shares of the real estate investment trust’s stock worth $8,478,910,000 after purchasing an additional 684,949 shares during the last quarter. Danske Bank A S increased its stake in shares of Realty Income by 20.3% in the fourth quarter. Danske Bank A S now owns 568,121 shares of the real estate investment trust’s stock valued at $32,025,000 after buying an additional 95,773 shares during the period. Nomura Asset Management Co. Ltd. raised its holdings in Realty Income by 0.7% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 2,323,920 shares of the real estate investment trust’s stock valued at $130,999,000 after buying an additional 16,546 shares during the last quarter. World Investment Advisors raised its holdings in Realty Income by 68.8% in the 4th quarter. World Investment Advisors now owns 220,836 shares of the real estate investment trust’s stock valued at $12,449,000 after buying an additional 90,023 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Realty Income by 5.4% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 2,730,032 shares of the real estate investment trust’s stock worth $156,458,000 after buying an additional 140,685 shares during the period. Institutional investors and hedge funds own 70.81% of the company’s stock.

Realty Income Stock Up 0.0%

Shares of NYSE O opened at $62.75 on Monday. The company has a quick ratio of 5.88, a current ratio of 5.88 and a debt-to-equity ratio of 0.73. The firm has a market cap of $59.38 billion, a PE ratio of 45.80, a P/E/G ratio of 4.46 and a beta of 0.71. The company’s fifty day simple moving average is $63.07 and its 200 day simple moving average is $63.10. Realty Income Corporation has a 12-month low of $55.86 and a 12-month high of $67.93.

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

Realty Income Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, August 14th. Investors of record on Friday, July 31st were given a $0.271 dividend. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend was Friday, July 31st. Realty Income’s payout ratio is presently 237.23%.

Wall Street Analyst Weigh In

O has been the topic of a number of research reports. Wells Fargo & Company boosted their target price 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. Weiss Ratings raised shares of Realty Income from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 6th. Evercore set a $68.00 price target on shares of Realty Income in a report on Friday, August 7th. Royal Bank Of Canada reduced their price objective on shares of Realty Income from $71.00 to $70.00 and set an “outperform” rating on the stock in a research note on Friday, August 7th. Finally, Mizuho decreased their price objective on 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 issued a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $67.42.

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.