Daiwa Securities Group Inc. Has $164.08 Million Stock Holdings in Realty Income Corporation $O

Daiwa Securities Group Inc. cut its stake in shares of Realty Income Corporation (NYSE:O) by 26.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,910,796 shares of the real estate investment trust’s stock after selling 1,059,554 shares during the period. Daiwa Securities Group Inc.’s holdings in Realty Income were worth $164,082,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Norges Bank acquired a new stake in Realty Income during the 4th quarter worth approximately $558,775,000. Vanguard Group Inc. lifted its holdings in Realty Income by 2.5% during the 3rd quarter. Vanguard Group Inc. now owns 149,730,338 shares of the real estate investment trust’s stock worth $9,102,107,000 after purchasing an additional 3,594,127 shares during the last quarter. State Street Corp lifted its holdings in Realty Income by 2.1% during the 3rd quarter. State Street Corp now owns 63,028,892 shares of the real estate investment trust’s stock worth $3,831,526,000 after purchasing an additional 1,295,936 shares during the last quarter. Barclays PLC lifted its holdings in Realty Income by 52.7% during the 3rd quarter. Barclays PLC now owns 2,741,766 shares of the real estate investment trust’s stock worth $166,672,000 after purchasing an additional 946,815 shares during the last quarter. Finally, Legal & General Group Plc lifted its holdings in Realty Income by 8.3% during the 4th quarter. Legal & General Group Plc now owns 10,699,509 shares of the real estate investment trust’s stock worth $603,131,000 after purchasing an additional 823,489 shares during the last quarter. 70.81% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Michelle Bushore sold 7,400 shares of Realty Income 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 transaction, 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.10% of the company’s stock.

Realty Income Trading Down 0.1%

Shares of O opened at $59.69 on Friday. Realty Income Corporation has a 52-week low of $55.57 and a 52-week high of $67.93. The business’s fifty day moving average is $62.36 and its 200-day moving average is $61.27. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56. The firm has a market cap of $55.66 billion, a price-to-earnings ratio of 48.92, a PEG ratio of 4.67 and a beta of 0.72.

Realty Income (NYSE:O) last issued its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter last year, the company posted $1.06 EPS. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Equities analysts anticipate that Realty Income Corporation will post 4.44 EPS for the current fiscal year.

Realty Income Announces Dividend

The firm also recently declared 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. The ex-dividend date is Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 5.4%. Realty Income’s dividend payout ratio (DPR) is presently 265.57%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on O. Freedom Capital raised Realty Income from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Evercore restated a “positive” rating on shares of Realty Income in a research note on Wednesday, February 25th. Cantor Fitzgerald raised their price objective on Realty Income from $60.00 to $68.00 and gave the stock a “neutral” rating in a research note on Friday, February 27th. Jefferies Financial Group initiated coverage on Realty Income in a research note on Monday. They set a “buy” rating and a $69.00 price objective on the stock. Finally, Wall Street Zen upgraded Realty Income from a “sell” rating to a “hold” rating in a research note on Saturday, February 28th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $67.46.

Realty Income 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.