Realty Income Corporation $O Shares Bought by National Pension Service

National Pension Service grew its position in Realty Income Corporation (NYSE:O) by 1.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,736,773 shares of the real estate investment trust’s stock after buying an additional 39,235 shares during the quarter. National Pension Service’s holdings in Realty Income were worth $166,368,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Moseley Investment Management Inc. raised its position 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 stake in shares of Realty Income by 4.1% during the 3rd quarter. Crescent Sterling Ltd. now owns 4,515 shares of the real estate investment trust’s stock worth $274,000 after purchasing an additional 176 shares in the last quarter. Castle Rock Wealth Management LLC raised its position in shares of 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 worth $1,552,000 after purchasing an additional 177 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its stake in 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 valued at $106,000 after buying an additional 177 shares in the last quarter. Finally, Gold Investment Management Ltd. grew its holdings in Realty Income by 0.3% during the 3rd quarter. Gold Investment Management Ltd. now owns 56,665 shares of the real estate investment trust’s stock valued at $3,445,000 after buying an additional 182 shares during the last quarter. 70.81% of the stock is currently owned by hedge funds and other institutional investors.

Realty Income Trading Up 0.7%

NYSE O opened at $61.18 on Friday. Realty Income Corporation has a 12 month low of $50.71 and a 12 month high of $61.95. The company has a 50-day moving average of $58.27 and a 200-day moving average of $58.36. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.53 and a quick ratio of 1.53. The company has a market cap of $56.28 billion, a P/E ratio of 56.65, a P/E/G ratio of 3.90 and a beta of 0.80.

Realty Income (NYSE:O) last released its earnings results on Monday, November 3rd. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.01. Realty Income had a net margin of 17.17% and a return on equity of 2.45%. The business had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.35 billion. During the same period last year, the company earned $1.05 earnings per share. The company’s quarterly revenue was up 10.5% on a year-over-year basis. Realty Income has set its FY 2025 guidance at 4.250-4.270 EPS. As a group, equities analysts predict that Realty Income Corporation will post 4.19 earnings per share for the current year.

Realty Income Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 13th. Stockholders of record on Friday, January 30th will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 5.3%. Realty Income’s payout ratio is currently 300.00%.

Analysts Set New Price Targets

Several equities analysts have weighed in on O shares. Mizuho dropped their price target on Realty Income from $63.00 to $60.00 and set a “neutral” rating for the company in a research report on Wednesday, December 17th. Wall Street Zen raised shares of Realty Income from a “sell” rating to a “hold” rating in a research note on Monday, January 26th. Barclays upped their target price on shares of Realty Income from $63.00 to $64.00 and gave the company an “equal weight” rating in a report on Wednesday, December 3rd. Cantor Fitzgerald cut their price objective on shares of Realty Income from $64.00 to $60.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. Finally, 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, December 24th. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $63.21.

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.