Realty Income Corporation $O Shares Purchased by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC boosted its holdings in shares of Realty Income Corporation (NYSE:O) by 8.6% in the 2nd quarter, Holdings Channel.com reports. The fund owned 192,731 shares of the real estate investment trust’s stock after buying an additional 15,233 shares during the quarter. Realty Income makes up about 0.7% of Soltis Investment Advisors LLC’s holdings, making the stock its 27th biggest holding. Soltis Investment Advisors LLC’s holdings in Realty Income were worth $11,942,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in shares of Realty Income by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 150,415,287 shares of the real estate investment trust’s stock valued at $8,478,910,000 after acquiring an additional 684,949 shares during the last quarter. State Street Corp lifted its stake in Realty Income by 0.8% during the fourth quarter. State Street Corp now owns 63,559,987 shares of the real estate investment trust’s stock worth $3,599,676,000 after purchasing an additional 531,095 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Realty Income by 2.8% during the fourth quarter. Geode Capital Management LLC now owns 29,206,196 shares of the real estate investment trust’s stock worth $1,655,991,000 after buying an additional 793,100 shares during the period. Morgan Stanley grew its stake in shares of Realty Income by 21.6% in 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 in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Realty Income by 1.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 13,018,219 shares of the real estate investment trust’s stock worth $796,457,000 after acquiring an additional 154,581 shares in the last quarter. 70.81% of the stock is currently owned by hedge funds and other institutional investors.

Key Realty Income News

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

• Positive Sentiment: Realty Income completed a $1.0 billion offering of 3.750% convertible senior notes due 2031, including the full exercise of an additional $125 million option. The proceeds are expected to support a share repurchase of at least $750 million, debt repayment, property acquisitions and portfolio expansion. Realty Income Announces Closing of $1.0 Billion Convertible Senior Notes Offering
• Positive Sentiment: Capped-call transactions tied to the notes are designed to reduce potential shareholder dilution. The financing also gives Realty Income additional flexibility to pursue growth while maintaining its investment-grade balance sheet and A credit rating.
• Neutral Sentiment: The bull case emphasizes Realty Income’s 30.3% three-year total return and dependable monthly dividend. However, investors are debating whether the newly announced buyback and growth investments can materially improve returns from current valuation levels. The Bull Case For Realty Income Could Change Following $1 Billion Convertible Notes And Buyback Plan
• Negative Sentiment: Analysts characterize Realty Income as fully priced or expensive rather than a clear bargain. Its strong recent performance may leave less room for error, while higher interest costs or tenant weakness could pressure future results. Realty Income Stock Looks Fully Priced Despite Strong Returns And Income
• Negative Sentiment: Ashton Thomas Private Wealth LLC reduced its Realty Income position by 20.5%, selling 11,873 shares. The transaction is small relative to the company’s market value but adds a modest institutional-selling signal. Realty Income Corporation Stock Position Reduced by Ashton Thomas Private Wealth LLC

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Wells Fargo & Company increased their price target on shares of Realty Income from $64.00 to $65.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 15th. Freedom Capital upgraded shares of Realty Income from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Mizuho reduced their price objective on Realty Income from $68.00 to $66.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 13th. Robert W. Baird upped their price target on Realty Income from $64.00 to $65.00 and gave the stock a “neutral” rating in a report on Monday, July 6th. Finally, Morgan Stanley set a $67.00 price objective on Realty Income in a research note on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.42.

Realty Income Price Performance

Shares of NYSE O opened at $62.75 on Friday. The stock’s 50-day simple moving average is $63.07 and its 200-day simple moving average is $63.08. The firm has a market capitalization of $59.38 billion, a PE ratio of 45.80, a price-to-earnings-growth ratio of 4.46 and a beta of 0.71. Realty Income Corporation has a fifty-two week low of $55.86 and a fifty-two week high of $67.93. The company has a debt-to-equity ratio of 0.73, a quick ratio of 5.88 and a current ratio of 5.88.

Realty Income (NYSE:O) last announced its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 EPS for the quarter, meeting the consensus estimate of $1.09. The company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.40 billion. Realty Income had a net margin of 20.93% and a return on equity of 3.12%. The firm’s revenue was up 9.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.05 earnings per share. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. As a group, equities research analysts forecast that Realty Income Corporation will post 4.43 EPS for the current fiscal year.

Realty Income Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 14th. Shareholders of record on Friday, July 31st were paid a $0.271 dividend. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date was Friday, July 31st. Realty Income’s dividend payout ratio is currently 237.23%.

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.