DMKC Advisory Services LLC Has $3 Million Position in Realty Income Corporation $O

DMKC Advisory Services LLC raised its holdings in shares of Realty Income Corporation (NYSE:OFree Report) by 24.4% in the 4th quarter, HoldingsChannel reports. The firm owned 53,194 shares of the real estate investment trust’s stock after buying an additional 10,430 shares during the period. Realty Income makes up approximately 1.3% of DMKC Advisory Services LLC’s holdings, making the stock its 28th largest holding. DMKC Advisory Services LLC’s holdings in Realty Income were worth $2,999,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Stance Capital LLC acquired a new position in shares of Realty Income in the third quarter valued at $27,000. Strengthening Families & Communities LLC lifted its stake in shares of Realty Income by 586.1% during the 3rd quarter. Strengthening Families & Communities LLC now owns 494 shares of the real estate investment trust’s stock worth $30,000 after buying an additional 422 shares during the last quarter. Ameriflex Group Inc. boosted its holdings in shares of Realty Income by 68.7% during 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 period. FNY Investment Advisers LLC boosted its holdings in shares of Realty Income by 622.2% during the 4th quarter. FNY Investment Advisers LLC now owns 650 shares of the real estate investment trust’s stock worth $36,000 after buying an additional 560 shares during the period. Finally, Maseco LLP acquired a new position in Realty Income in the 4th quarter valued at about $43,000. 70.81% of the stock is owned by institutional investors.

Trending Headlines about Realty Income

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Realty Income Stock Up 1.2%

Shares of NYSE O opened at $63.53 on Wednesday. The stock has a market capitalization of $59.24 billion, a P/E ratio of 54.30, a PEG ratio of 4.25 and a beta of 0.79. The stock’s fifty day moving average is $63.81 and its 200 day moving average is $60.65. Realty Income Corporation has a 52 week low of $54.38 and a 52 week high of $67.93. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.40 and a current ratio of 1.40.

Realty Income (NYSE:OGet Free Report) last posted its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $1.08 earnings per share for the quarter, hitting the consensus estimate of $1.08. The business had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.40 billion. Realty Income had a net margin of 18.41% and a return on equity of 2.68%. Realty Income’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.05 earnings per share. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. Sell-side analysts forecast that Realty Income Corporation will post 4.45 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, May 15th. Stockholders of record on Thursday, April 30th will be issued a dividend of $0.2705 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend is Thursday, April 30th. Realty Income’s dividend payout ratio is 276.92%.

Insider Buying and Selling at Realty Income

In related news, insider Michelle Bushore sold 7,400 shares of the stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $62.42, for a total transaction of $461,908.00. Following the sale, the insider owned 67,641 shares in the company, valued at approximately $4,222,151.22. This trade represents a 9.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Scotiabank increased their price target on shares of Realty Income from $67.00 to $69.00 and gave the company a “sector outperform” rating in a report on Wednesday, March 11th. Mizuho boosted their price objective on Realty Income from $60.00 to $68.00 and gave the stock a “neutral” rating in a report on Wednesday, March 11th. UBS Group upped their target price on Realty Income from $66.00 to $72.00 and gave the company a “buy” rating in a research report on Monday, March 9th. Evercore reiterated a “positive” rating on shares of Realty Income in a research note on Wednesday, February 25th. Finally, Morgan Stanley set a $67.00 price target on Realty Income in a report on Monday. Six research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Realty Income has a consensus rating of “Hold” and a consensus price target of $66.75.

Get Our Latest Stock Analysis on O

Realty Income 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.

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

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