Forsta AP Fonden Boosts Stock Position in Realty Income Corporation $O

Forsta AP Fonden lifted its position in Realty Income Corporation (NYSE:O) by 4.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 220,600 shares of the real estate investment trust’s stock after acquiring an additional 10,300 shares during the period. Forsta AP Fonden’s holdings in Realty Income were worth $12,435,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in O. Stance Capital LLC acquired a new position in shares of Realty Income in the 3rd quarter worth approximately $27,000. Strengthening Families & Communities LLC grew its position in shares of Realty Income by 586.1% in the 3rd quarter. Strengthening Families & Communities LLC now owns 494 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 422 shares in the last quarter. Ameriflex Group Inc. grew its position in shares of Realty Income by 68.7% in the 3rd quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 215 shares in the last quarter. FNY Investment Advisers LLC grew its position in shares of Realty Income by 622.2% in the 4th quarter. FNY Investment Advisers LLC now owns 650 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 560 shares in the last quarter. Finally, Costello Asset Management INC acquired a new position in shares of Realty Income in the 4th quarter worth approximately $37,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Insider Activity at Realty Income

In other news, insider Michelle Bushore sold 7,400 shares of the business’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total value of $461,908.00. Following the sale, the insider owned 67,641 shares of the company’s stock, valued at approximately $4,222,151.22. The trade was a 9.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.10% of the company’s stock.

Realty Income Trading Up 0.0%

NYSE:O opened at $61.31 on Monday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56. Realty Income Corporation has a 12-month low of $55.52 and a 12-month high of $67.93. The business has a 50 day simple moving average of $62.48 and a 200 day simple moving average of $61.19. The firm has a market capitalization of $57.17 billion, a P/E ratio of 50.25, a P/E/G ratio of 4.78 and a beta of 0.73.

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

Realty Income Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be paid a $0.2705 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend is Friday, May 29th. Realty Income’s payout ratio is currently 266.39%.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Loop Capital set a $69.00 target price on Realty Income in a research report on Monday, March 2nd. Wall Street Zen upgraded Realty Income from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Mizuho decreased their target price on Realty Income from $68.00 to $66.00 and set a “neutral” rating for the company in a research report on Wednesday, May 13th. UBS Group lifted their target price on Realty Income from $66.00 to $72.00 and gave the stock a “buy” rating in a research report on Monday, March 9th. Finally, Scotiabank reiterated an “outperform” rating on shares of Realty Income in a research report on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $67.35.

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.