Vise Technologies Inc. Makes New $2.37 Million Investment in Realty Income Corporation $O

Vise Technologies Inc. bought a new stake in shares of Realty Income Corporation (NYSE:O) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 38,170 shares of the real estate investment trust’s stock, valued at approximately $2,365,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC increased its position in shares of Realty Income by 11.2% during the 4th quarter. Brighton Jones LLC now owns 6,101 shares of the real estate investment trust’s stock valued at $326,000 after purchasing an additional 615 shares during the last quarter. Bison Wealth LLC bought a new stake in Realty Income during the fourth quarter valued at about $571,000. Empowered Funds LLC grew its holdings in Realty Income by 8.0% during the first quarter. Empowered Funds LLC now owns 18,029 shares of the real estate investment trust’s stock valued at $1,041,000 after purchasing an additional 1,330 shares during the period. Woodline Partners LP increased its position in Realty Income by 41.3% in the first quarter. Woodline Partners LP now owns 73,942 shares of the real estate investment trust’s stock worth $4,289,000 after buying an additional 21,603 shares in the last quarter. Finally, Intech Investment Management LLC increased its position in Realty Income by 14.9% in the first quarter. Intech Investment Management LLC now owns 25,401 shares of the real estate investment trust’s stock worth $1,474,000 after buying an additional 3,290 shares in the last quarter. 70.81% of the stock is owned by institutional investors.

Realty Income Price Performance

NYSE:O opened at $62.61 on Friday. The business’s 50-day simple moving average is $63.18 and its two-hundred day simple moving average is $63.16. Realty Income Corporation has a 52 week low of $55.86 and a 52 week high of $67.93. The stock has a market cap of $59.24 billion, a PE ratio of 45.70, a P/E/G ratio of 4.48 and a beta of 0.71. The company has a quick ratio of 5.88, a current ratio of 5.88 and a debt-to-equity ratio of 0.73.

Realty Income (NYSE:O) last released its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.09. Realty Income had a return on equity of 3.12% and a net margin of 20.93%.The firm had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same quarter in the prior year, the company posted $1.05 earnings per share. The business’s quarterly 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, analysts forecast that Realty Income Corporation will post 4.43 EPS for the current fiscal year.

Realty Income Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a $0.271 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 5.2%. Realty Income’s payout ratio is currently 237.23%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on O. Scotiabank lowered their price objective on Realty Income from $72.00 to $67.00 and set a “sector outperform” rating on the stock in a research report on Thursday, June 18th. Morgan Stanley set a $67.00 target price on shares of Realty Income in a report on Monday, April 27th. Evercore set a $68.00 target price on shares of Realty Income in a research note on Friday, August 7th. Huntington initiated coverage on shares of Realty Income in a report on Wednesday, July 15th. They set an “outperform” rating and a $70.00 price target on the stock. Finally, Mizuho dropped their price target on shares of Realty Income from $68.00 to $66.00 and set a “neutral” rating for the company in a research report on Wednesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Realty Income currently has an average rating of “Moderate Buy” and an average target price of $67.42.

About Realty Income

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.