Realty Income Corporation $O Position Lowered by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. lessened its position in shares of Realty Income Corporation (NYSE:O) by 17.2% during the first quarter, HoldingsChannel reports. The institutional investor owned 696,020 shares of the real estate investment trust’s stock after selling 144,911 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Realty Income were worth $42,583,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in O. EFG International AG acquired a new stake in shares of Realty Income during the 4th quarter valued at approximately $26,000. Evolution Wealth Management Inc. boosted its holdings in shares of Realty Income by 257.1% during the fourth quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 360 shares during the period. Quattro Advisors LLC acquired a new stake in shares of Realty Income in the fourth quarter valued at approximately $29,000. Sankala Group LLC acquired a new stake in Realty Income in the 4th quarter valued at approximately $32,000. Finally, FNY Investment Advisers LLC increased its holdings in shares of Realty Income by 622.2% during the fourth quarter. FNY Investment Advisers LLC now owns 650 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 560 shares during the period. 70.81% of the stock is currently owned by institutional investors.

Realty Income Stock Performance

Shares of O stock opened at $65.59 on Friday. Realty Income Corporation has a fifty-two week low of $55.86 and a fifty-two week high of $67.93. The stock’s 50-day moving average is $62.45 and its two-hundred day moving average is $62.70. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56. The firm has a market cap of $61.16 billion, a P/E ratio of 53.76, a PEG ratio of 5.12 and a beta of 0.72.

Realty Income (NYSE:O) last announced its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.03. The business had revenue of $1.55 billion during 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 firm’s revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.06 EPS. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Analysts predict that Realty Income Corporation will post 4.45 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be given a dividend of $0.271 per share. This represents a c) annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend is Friday, July 31st. Realty Income’s dividend payout ratio (DPR) is presently 266.39%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Robert W. Baird boosted their price objective on Realty Income from $64.00 to $65.00 and gave the stock a “neutral” rating in a research note on Monday, July 6th. Barclays reduced their price target on shares of Realty Income from $68.00 to $67.00 and set an “equal weight” rating for the company in a research report on Wednesday. Freedom Capital raised Realty Income from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. UBS Group set a $67.00 price target on shares of Realty Income in a report on Thursday, June 18th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Realty Income in a research report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $67.11.

More Realty Income News

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

• Positive Sentiment: Analysts and market commentary continue to frame Realty Income as a reliable income stock, citing its long record of monthly dividends and steady payout growth. Realty Income vs SCHD ETF: Better buy for income investors?
• Positive Sentiment: Investor interest is also being supported by a bullish long-term thesis around Realty Income’s expansion into data centers, which could create a new growth engine for dividend increases over time. Realty Income’s Data Center Bet Could Turbocharge Dividend Growth Over the Next Decade
• Neutral Sentiment: Barclays reiterated a Hold rating on Realty Income, suggesting analysts still see the stock as fairly valued rather than an obvious bargain or sell candidate. Barclays Remains a Hold on Realty Income (O)

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.