Investor s Fiduciary Advisor Network LLC Reduces Position in Realty Income Corporation $O

Investor s Fiduciary Advisor Network LLC decreased its position in shares of Realty Income Corporation (NYSE:O) by 12.6% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 67,764 shares of the real estate investment trust’s stock after selling 9,750 shares during the quarter. Realty Income comprises 1.4% of Investor s Fiduciary Advisor Network LLC’s holdings, making the stock its 12th biggest position. Investor s Fiduciary Advisor Network LLC’s holdings in Realty Income were worth $4,198,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in O. Dunhill Financial LLC purchased a new position in shares of Realty Income during the second quarter worth approximately $27,000. EFG International AG acquired a new position in shares of Realty Income in the 4th quarter valued at $26,000. Evolution Wealth Management Inc. raised its position in Realty Income by 257.1% in the 4th quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 360 shares during the last quarter. Quattro Advisors LLC purchased a new stake in Realty Income in the 4th quarter valued at $29,000. Finally, Sankala Group LLC acquired a new stake in Realty Income during the 4th quarter worth $32,000. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on O shares. Mizuho lowered their price objective on shares of Realty Income from $68.00 to $66.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. Jefferies Financial Group started coverage on shares of Realty Income in a report on Monday, June 1st. They issued a “buy” rating and a $69.00 target price for the company. Wells Fargo & Company decreased their target price on shares of Realty Income from $65.00 to $64.00 and set an “equal weight” rating for the company in a research note on Tuesday. Scotiabank lowered their price target on Realty Income from $72.00 to $67.00 and set a “sector outperform” rating on the stock in a report on Thursday, June 18th. Finally, Huntington started coverage on Realty Income in a research report on Wednesday, July 15th. They issued an “outperform” rating and a $70.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $67.36.

Realty Income Price Performance

Realty Income stock opened at $61.71 on Friday. The company has a debt-to-equity ratio of 0.73, a current ratio of 5.88 and a quick ratio of 5.88. The business has a 50 day simple moving average of $63.31 and a 200-day simple moving average of $63.07. Realty Income Corporation has a 12 month low of $55.86 and a 12 month high of $67.93. The stock has a market capitalization of $58.39 billion, a PE ratio of 45.04, a price-to-earnings-growth ratio of 4.36 and a beta of 0.71.

Realty Income (NYSE:O) last posted its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.09. The firm 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%. Realty Income’s quarterly revenue was up 9.7% on a year-over-year basis. During the same period last year, the firm posted $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. Equities analysts predict that Realty Income Corporation will post 4.43 earnings per share for the current year.

Realty Income Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a $0.271 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 5.3%. Realty Income’s payout ratio is presently 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.