Vontobel Holding Ltd. Buys Shares of 10,832 Realty Income Corporation $O

Vontobel Holding Ltd. purchased a new position in shares of Realty Income Corporation (NYSE:O) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,832 shares of the real estate investment trust’s stock, valued at approximately $658,000.

A number of other institutional investors have also modified their holdings of O. Moseley Investment Management Inc. increased its stake in Realty Income by 1.3% during the second quarter. Moseley Investment Management Inc. now owns 13,565 shares of the real estate investment trust’s stock worth $781,000 after acquiring an additional 175 shares during the last quarter. Crescent Sterling Ltd. increased its holdings in shares of Realty Income by 4.1% in the 3rd quarter. Crescent Sterling Ltd. now owns 4,515 shares of the real estate investment trust’s stock worth $274,000 after acquiring an additional 176 shares during the period. Castle Rock Wealth Management LLC increased its stake in Realty Income by 0.6% during the 2nd quarter. Castle Rock Wealth Management LLC now owns 27,421 shares of the real estate investment trust’s stock valued at $1,552,000 after buying an additional 177 shares during the period. Creative Financial Designs Inc. ADV raised its stake in shares of Realty Income by 10.7% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 1,833 shares of the real estate investment trust’s stock worth $106,000 after buying an additional 177 shares in the last quarter. Finally, Revisor Wealth Management LLC raised its position in shares of Realty Income by 2.3% during the second quarter. Revisor Wealth Management LLC now owns 7,935 shares of the real estate investment trust’s stock worth $454,000 after purchasing an additional 178 shares during the period. Institutional investors and hedge funds own 70.81% of the company’s stock.

Realty Income Stock Up 0.0%

NYSE O opened at $56.70 on Monday. The stock has a fifty day moving average of $57.53 and a 200-day moving average of $58.05. The stock has a market capitalization of $52.15 billion, a P/E ratio of 52.50, a price-to-earnings-growth ratio of 3.56 and a beta of 0.80. Realty Income Corporation has a 52 week low of $50.71 and a 52 week high of $61.08. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.53 and a current ratio of 1.53.

Realty Income (NYSE:O) last issued its quarterly earnings results on Monday, November 3rd. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.01. The business had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.35 billion. Realty Income had a return on equity of 2.45% and a net margin of 17.17%.The firm’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.05 earnings per share. Realty Income has set its FY 2025 guidance at 4.250-4.270 EPS. On average, equities research analysts forecast that Realty Income Corporation will post 4.19 EPS for the current year.

Realty Income Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be paid a dividend of $0.27 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%. This is a boost from Realty Income’s previous monthly dividend of $0.27. The ex-dividend date of this dividend is Wednesday, December 31st. Realty Income’s payout ratio is presently 299.07%.

Analyst Ratings Changes

Several research analysts have weighed in on O shares. Morgan Stanley upped their price objective on shares of Realty Income from $62.00 to $65.00 and gave the company an “equal weight” rating in a research note on Wednesday. Barclays lifted their price objective on Realty Income from $63.00 to $64.00 and gave the company an “equal weight” rating in a report on Wednesday, December 3rd. Wells Fargo & Company lifted their target price on shares of Realty Income from $59.00 to $60.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 25th. Mizuho decreased their price target on Realty Income from $63.00 to $60.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 17th. Finally, Cantor Fitzgerald reduced their price objective on Realty Income from $64.00 to $60.00 and set a “neutral” rating on the stock in a research note on Thursday, November 6th. Three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $62.23.

Insider Buying and Selling

In other Realty Income news, Director Mary Hogan Preusse sold 11,000 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $60.43, for a total transaction of $664,730.00. Following the transaction, the director owned 19,211 shares in the company, valued at approximately $1,160,920.73. This trade represents a 36.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.10% of the company’s stock.

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.