Orion Porfolio Solutions LLC Has $2.17 Million Stock Holdings in Realty Income Corporation $O

Orion Porfolio Solutions LLC lifted its position in Realty Income Corporation (NYSE:O) by 40.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 35,742 shares of the real estate investment trust’s stock after purchasing an additional 10,305 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Realty Income were worth $2,173,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in O. State Street Corp increased its stake in Realty Income by 1.1% in the second quarter. State Street Corp now owns 61,732,956 shares of the real estate investment trust’s stock valued at $3,556,436,000 after purchasing an additional 676,697 shares in the last quarter. OLD National Bancorp IN bought a new position in shares of Realty Income during the third quarter worth $3,391,000. ProShare Advisors LLC grew its holdings in shares of Realty Income by 5.3% in the 3rd quarter. ProShare Advisors LLC now owns 3,067,894 shares of the real estate investment trust’s stock valued at $186,497,000 after buying an additional 155,677 shares during the period. Federated Hermes Inc. grew its holdings in shares of Realty Income by 13.1% in the 2nd quarter. Federated Hermes Inc. now owns 2,669,031 shares of the real estate investment trust’s stock valued at $153,763,000 after buying an additional 309,902 shares during the period. Finally, Allied Investment Advisors LLC bought a new stake in shares of Realty Income in the 3rd quarter valued at $10,870,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Realty Income Stock Down 0.1%

Shares of Realty Income stock opened at $64.87 on Wednesday. The firm has a market cap of $60.49 billion, a PE ratio of 55.44, a P/E/G ratio of 3.87 and a beta of 0.77. The business’s 50 day simple moving average is $62.48 and its 200 day simple moving average is $59.77. 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 Corporation has a 52-week low of $50.71 and a 52-week high of $67.93.

Realty Income (NYSE:O) last released its quarterly earnings results on Tuesday, February 24th. The real estate investment trust reported $1.08 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.08. The firm had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.40 billion. Realty Income had a return on equity of 2.68% and a net margin of 18.41%.The business’s revenue was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. On average, analysts predict that Realty Income Corporation will post 4.19 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be given a $0.27 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 5.0%. Realty Income’s dividend payout ratio (DPR) is 276.92%.

Analyst Upgrades and Downgrades

O has been the subject of several recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Realty Income in a report on Monday, December 29th. Stifel Nicolaus lifted their price target on shares of Realty Income from $67.75 to $70.50 and gave the company a “buy” rating in a research note on Wednesday, February 25th. Freedom Capital cut shares of Realty Income from a “strong-buy” rating to a “hold” rating in a report on Monday, March 2nd. Wall Street Zen raised shares of Realty Income from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, Barclays raised their price objective on shares of Realty Income from $63.00 to $64.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 3rd. Six analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $65.61.

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.