Realty Income Corporation $O Shares Sold by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC cut its holdings in Realty Income Corporation (NYSE:O) by 10.5% during the fourth quarter, HoldingsChannel reports. The fund owned 179,373 shares of the real estate investment trust’s stock after selling 20,945 shares during the period. New Age Alpha Advisors LLC’s holdings in Realty Income were worth $10,111,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC raised its position in Realty Income by 11.2% in the fourth quarter. Brighton Jones LLC now owns 6,101 shares of the real estate investment trust’s stock valued at $326,000 after purchasing an additional 615 shares during the period. Bison Wealth LLC purchased a new stake in Realty Income in the fourth quarter valued at approximately $571,000. Empowered Funds LLC raised its position in Realty Income by 8.0% in the first quarter. Empowered Funds LLC now owns 18,029 shares of the real estate investment trust’s stock valued at $1,041,000 after purchasing an additional 1,330 shares during the period. Woodline Partners LP raised its position in Realty Income by 41.3% in the first quarter. Woodline Partners LP now owns 73,942 shares of the real estate investment trust’s stock valued at $4,289,000 after purchasing an additional 21,603 shares during the period. Finally, Intech Investment Management LLC raised its position in Realty Income by 14.9% in the first quarter. Intech Investment Management LLC now owns 25,401 shares of the real estate investment trust’s stock valued at $1,474,000 after purchasing an additional 3,290 shares during the period. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Realty Income

In other news, insider Michelle Bushore sold 7,400 shares of the company’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total transaction of $461,908.00. Following the sale, the insider owned 67,641 shares of the company’s stock, valued at approximately $4,222,151.22. This represents a 9.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.10% of the company’s stock.

Key Headlines Impacting Realty Income

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

• Positive Sentiment: Higher AFFO guidance and a larger US$9.5 billion investment plan may improve confidence in Realty Income’s ability to sustain dividend growth and support valuation. Should Realty Income’s Higher AFFO Outlook And US$9.5 Billion Plan Reshape How (O) Is Valued?
• Positive Sentiment: Shareholders backed the board, auditor, and executive pay at the annual meeting, removing a potential governance overhang. Realty Income Shareholders Back Board, Auditor and Pay
• Neutral Sentiment: Analyst commentary pointed to Realty Income’s 98.9% occupancy as evidence of portfolio stability, which supports the stock’s defensive reputation but does not by itself change the outlook. Realty Income’s Occupancy Edge: Can 98.9% Stability Hold?
• Neutral Sentiment: Several articles continued to feature Realty Income as a dependable dividend/income stock, reinforcing its reputation with income-focused investors rather than providing a new fundamental catalyst. Got $500? The Best Dividend Stocks to Buy Right Now

Analysts Set New Price Targets

A number of brokerages have issued reports on O. Freedom Capital raised Realty Income from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Mizuho cut their target price on Realty Income from $68.00 to $66.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. Stifel Nicolaus boosted their target price on Realty Income from $67.75 to $70.50 and gave the company a “buy” rating in a research report on Wednesday, February 25th. Scotiabank reissued an “outperform” rating on shares of Realty Income in a research report on Tuesday, May 12th. Finally, Loop Capital set a $69.00 target price on Realty Income in a research report on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $67.35.

Realty Income Stock Up 0.2%

Realty Income stock opened at $62.14 on Monday. Realty Income Corporation has a twelve month low of $55.03 and a twelve month high of $67.93. The stock’s fifty day simple moving average is $62.71 and its 200-day simple moving average is $60.99. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $57.94 billion, a P/E ratio of 50.93, a P/E/G ratio of 4.84 and a beta of 0.75.

Realty Income (NYSE:O) last posted its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.10 by $0.03. Realty Income had a return on equity of 2.80% and a net margin of 18.94%.The business had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the prior year, the company earned $1.06 earnings per share. The company’s revenue was up 12.2% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. As a group, equities analysts expect that Realty Income Corporation will post 4.45 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given a dividend of $0.2705 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. Realty Income’s dividend payout ratio is currently 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.