WCG Wealth Advisors LLC Acquires New Position in Realty Income Corporation $O

WCG Wealth Advisors LLC acquired a new stake in shares of Realty Income Corporation (NYSE:O) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 11,901 shares of the real estate investment trust’s stock, valued at approximately $671,000.

A number of other large investors also recently modified their holdings of the company. Brighton Jones LLC grew its position in Realty Income by 11.2% during the 4th quarter. Brighton Jones LLC now owns 6,101 shares of the real estate investment trust’s stock worth $326,000 after acquiring an additional 615 shares during the last quarter. Bison Wealth LLC bought a new position in Realty Income during the 4th quarter worth approximately $571,000. Empowered Funds LLC grew its position in Realty Income by 8.0% during the 1st quarter. Empowered Funds LLC now owns 18,029 shares of the real estate investment trust’s stock worth $1,041,000 after acquiring an additional 1,330 shares during the last quarter. Woodline Partners LP grew its position in Realty Income by 41.3% during the 1st quarter. Woodline Partners LP now owns 73,942 shares of the real estate investment trust’s stock worth $4,289,000 after acquiring an additional 21,603 shares during the last quarter. Finally, Intech Investment Management LLC grew its position in Realty Income by 14.9% during the 1st quarter. Intech Investment Management LLC now owns 25,401 shares of the real estate investment trust’s stock worth $1,474,000 after acquiring an additional 3,290 shares during the last quarter. 70.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Weiss Ratings restated a “hold (c+)” rating on shares of Realty Income in a research report on Friday, April 10th. Scotiabank restated an “outperform” rating on shares of Realty Income in a research report on Tuesday, May 12th. Mizuho reduced their price target 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. Morgan Stanley set a $67.00 price target on Realty Income in a research report on Monday, April 27th. Finally, Jefferies Financial Group assumed coverage on Realty Income in a research report on Monday, June 1st. They set a “buy” rating and a $69.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $67.46.

Insider Buying and Selling at Realty Income

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

Realty Income Price Performance

Shares of O stock opened at $60.90 on Friday. The firm has a market cap of $56.79 billion, a P/E ratio of 49.92, a P/E/G ratio of 4.76 and a beta of 0.72. Realty Income Corporation has a fifty-two week low of $55.60 and a fifty-two week high of $67.93. The business’s 50 day moving average price is $62.38 and its 200-day moving average price is $61.27. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56.

Realty Income (NYSE:O) last issued 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. The firm had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.39 billion. Realty Income had a return on equity of 2.80% and a net margin of 18.94%.The business’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period last year, the company earned $1.06 EPS. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. On average, equities research analysts anticipate that Realty Income Corporation will post 4.44 earnings per share for the current year.

Realty Income Announces Dividend

The firm 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 $0.2705 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date is Friday, May 29th. Realty Income’s dividend payout ratio (DPR) is currently 266.39%.

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.