Swiss National Bank Purchases 194,200 Shares of Realty Income Corporation $O

Swiss National Bank lifted its holdings in Realty Income Corporation (NYSE:O) by 7.8% in the first quarter, HoldingsChannel reports. The firm owned 2,699,694 shares of the real estate investment trust’s stock after purchasing an additional 194,200 shares during the quarter. Swiss National Bank’s holdings in Realty Income were worth $165,167,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Valley Wealth Managers Inc. increased its holdings in shares of Realty Income by 0.9% in the 1st quarter. Valley Wealth Managers Inc. now owns 76,225 shares of the real estate investment trust’s stock worth $4,663,000 after buying an additional 692 shares during the last quarter. ANB Bank lifted its holdings in shares of Realty Income by 9.5% in the 1st quarter. ANB Bank now owns 7,471 shares of the real estate investment trust’s stock valued at $457,000 after acquiring an additional 647 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in shares of Realty Income by 41.8% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 3,448 shares of the real estate investment trust’s stock valued at $211,000 after acquiring an additional 1,017 shares during the last quarter. Kesler Norman & Wride LLC grew its position in Realty Income by 1.0% in the first quarter. Kesler Norman & Wride LLC now owns 31,118 shares of the real estate investment trust’s stock worth $1,904,000 after acquiring an additional 310 shares in the last quarter. Finally, Angeles Wealth Management LLC grew its position in Realty Income by 6.1% in the first quarter. Angeles Wealth Management LLC now owns 5,335 shares of the real estate investment trust’s stock worth $328,000 after acquiring an additional 309 shares in the last quarter. Institutional investors own 70.81% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Jefferies Financial Group began coverage on Realty Income in a research report on Monday, June 1st. They set a “buy” rating and a $69.00 price objective on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of Realty Income in a report on Wednesday, July 8th. Huntington initiated coverage on Realty Income in a research report on Wednesday, July 15th. They set an “outperform” rating and a $70.00 target price on the stock. Morgan Stanley set a $67.00 price target on Realty Income in a report on Monday, April 27th. Finally, Robert W. Baird lifted their price objective on shares of Realty Income from $64.00 to $65.00 and gave the stock a “neutral” rating in a research note on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $67.17.

Realty Income Stock Performance

Realty Income stock opened at $65.70 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. The firm has a market capitalization of $61.26 billion, a P/E ratio of 53.85, a price-to-earnings-growth ratio of 5.13 and a beta of 0.72. Realty Income Corporation has a 1-year low of $55.86 and a 1-year high of $67.93. The company’s 50-day moving average is $62.13 and its 200 day moving average is $62.45.

Realty Income (NYSE:O) last announced its 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. The business had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.39 billion. Realty Income had a return on equity of 2.80% and a net margin of 18.94%.The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.06 earnings per share. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Research analysts forecast that Realty Income Corporation will post 4.45 EPS for the current year.

Realty Income Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 31st will be given a $0.271 dividend. This represents a c) annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend is Friday, July 31st. Realty Income’s dividend payout ratio is 266.39%.

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.