Realty Income Corporation $O Shares Sold by Wealth Alliance LLC

Wealth Alliance LLC decreased its holdings in shares of Realty Income Corporation (NYSE:O) by 38.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,104 shares of the real estate investment trust’s stock after selling 8,089 shares during the period. Wealth Alliance LLC’s holdings in Realty Income were worth $802,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bridgewater Advisors Inc. lifted its holdings in Realty Income by 4.2% in the first quarter. Bridgewater Advisors Inc. now owns 6,509 shares of the real estate investment trust’s stock worth $400,000 after acquiring an additional 265 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Realty Income by 58.9% in the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 57,778 shares of the real estate investment trust’s stock valued at $3,535,000 after acquiring an additional 21,413 shares during the period. Renaissance Technologies LLC bought a new position in shares of Realty Income during the first quarter valued at approximately $3,147,000. Morningstar Investment Management LLC grew its holdings in shares of Realty Income by 7.1% during the first quarter. Morningstar Investment Management LLC now owns 70,777 shares of the real estate investment trust’s stock valued at $4,330,000 after purchasing an additional 4,717 shares during the last quarter. Finally, Compound Planning Inc. raised its position in shares of Realty Income by 26.6% during the 1st quarter. Compound Planning Inc. now owns 12,261 shares of the real estate investment trust’s stock worth $750,000 after purchasing an additional 2,579 shares during the period. 70.81% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Realty Income

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

• Positive Sentiment: Analysts and market commentary continue to frame Realty Income as a reliable income stock, citing its long record of monthly dividends and steady payout growth. Realty Income vs SCHD ETF: Better buy for income investors?
• Positive Sentiment: Investor interest is also being supported by a bullish long-term thesis around Realty Income’s expansion into data centers, which could create a new growth engine for dividend increases over time. Realty Income’s Data Center Bet Could Turbocharge Dividend Growth Over the Next Decade
• Neutral Sentiment: Barclays reiterated a Hold rating on Realty Income, suggesting analysts still see the stock as fairly valued rather than an obvious bargain or sell candidate. Barclays Remains a Hold on Realty Income (O)

Realty Income Trading Up 1.3%

NYSE:O opened at $65.59 on Friday. Realty Income Corporation has a 1 year low of $55.86 and a 1 year high of $67.93. The stock has a market cap of $61.16 billion, a price-to-earnings ratio of 53.76, a PEG ratio of 5.12 and a beta of 0.72. The business has a fifty day moving average of $62.45 and a 200-day moving average of $62.70. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56.

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

Realty Income Dividend Announcement

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

Analyst Ratings Changes

A number of research analysts recently issued reports on O shares. Stifel Nicolaus set a $70.75 price objective on Realty Income in a research report on Tuesday, June 30th. Barclays dropped their target price on Realty Income from $68.00 to $67.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Jefferies Financial Group began coverage on Realty Income in a research note on Monday, June 1st. They issued a “buy” rating and a $69.00 target price on the stock. UBS Group set a $67.00 price target on shares of Realty Income in a report on Thursday, June 18th. Finally, Scotiabank lowered their price target on shares of Realty Income from $72.00 to $67.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, seven have issued 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 has an average rating of “Hold” and a consensus target price of $67.11.

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.