Lansforsakringar Fondforvaltning AB publ Grows Stock Position in Realty Income Corporation $O

Lansforsakringar Fondforvaltning AB publ boosted its holdings in Realty Income Corporation (NYSE:O) by 19.6% in the first quarter, HoldingsChannel.com reports. The firm owned 348,858 shares of the real estate investment trust’s stock after buying an additional 57,263 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in Realty Income were worth $21,343,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Realty Income during the 4th quarter worth about $558,775,000. Morgan Stanley lifted its stake in shares of Realty Income by 21.6% during the fourth quarter. Morgan Stanley now owns 18,291,294 shares of the real estate investment trust’s stock valued at $1,031,080,000 after buying an additional 3,252,091 shares during the period. Deutsche Bank AG boosted its position in Realty Income by 45.1% during the fourth quarter. Deutsche Bank AG now owns 4,998,963 shares of the real estate investment trust’s stock worth $281,792,000 after acquiring an additional 1,554,726 shares during the last quarter. State Street Corp grew its stake in Realty Income by 2.1% in 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 acquiring an additional 1,295,936 shares during the period. Finally, Barclays PLC raised its holdings in Realty Income by 52.7% in the 3rd quarter. Barclays PLC now owns 2,741,766 shares of the real estate investment trust’s stock valued at $166,672,000 after acquiring an additional 946,815 shares during the last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.

Insider Buying and Selling

In other news, insider Michelle Bushore sold 7,400 shares of the company’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total transaction of $461,908.00. Following the completion of the transaction, the insider directly owned 67,641 shares in the company, valued at $4,222,151.22. The trade was a 9.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.10% of the stock is currently owned by corporate insiders.

Realty Income News Summary

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

• Positive Sentiment: Realty Income announced a strategic joint venture with Cloud Capital and a global institutional investor to buy hyperscale data centers, starting with seed assets valued at more than $6 billion. The deal gives O exposure to a fast-growing digital infrastructure niche, with the company planning to invest up to $1.4 billion for a 45% stake in a three-asset Northern Virginia portfolio. Investors may view this as a growth catalyst that diversifies Realty Income beyond traditional retail and industrial net lease properties. Article Title
• Positive Sentiment: The data center portfolio is described as 100% leased or pre-leased to investment-grade tenants under long-duration, triple-net leases. That structure is attractive for a REIT because it can provide durable cash flow and support Realty Income’s monthly dividend model. Article Title
• Neutral Sentiment: Realty Income also priced a €600 million senior unsecured notes offering, extending its funding runway in the European debt market. While this supports future acquisitions and portfolio growth, it also adds leverage and financing obligations that investors will want to monitor. Article Title
• Neutral Sentiment: Several articles highlighted Realty Income’s appeal as a high-yield dividend stock, reinforcing its reputation as an income play. These pieces are supportive of sentiment, but they are not new company-specific catalysts. Article Title

Analyst Upgrades and Downgrades

O has been the subject of several recent research reports. Scotiabank lowered their target price on Realty Income from $72.00 to $67.00 and set a “sector outperform” rating for the company in a report on Thursday, June 18th. Morgan Stanley set a $67.00 target price on Realty Income in a research report on Monday, April 27th. Freedom Capital upgraded Realty Income from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Jefferies Financial Group started coverage on Realty Income in a research note on Monday, June 1st. They issued a “buy” rating and a $69.00 price target for the company. Finally, Stifel Nicolaus set a $70.75 target price on shares of Realty Income in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Realty Income currently has an average rating of “Hold” and a consensus target price of $66.77.

Realty Income Stock Down 1.7%

O stock opened at $62.00 on Wednesday. The stock has a market capitalization of $57.81 billion, a price-to-earnings ratio of 50.82, a price-to-earnings-growth ratio of 4.92 and a beta of 0.72. The company has a 50-day moving average of $62.06 and a two-hundred day moving average of $61.83. Realty Income Corporation has a 52-week low of $55.86 and a 52-week high of $67.93. 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 (NYSE:O) last posted its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $1.13 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 business had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same period in the previous year, the company posted $1.06 earnings per share. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. As a group, equities research analysts anticipate that Realty Income Corporation will post 4.45 EPS for the current year.

Realty Income Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a $0.271 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a c) annualized dividend and a yield of 5.2%. This is an increase from Realty Income’s previous monthly dividend of $0.27. Realty Income’s dividend payout ratio (DPR) is presently 266.39%.

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.