Arkadios Wealth Advisors Has $2.27 Million Stock Holdings in Realty Income Corporation $O

Arkadios Wealth Advisors cut its stake in shares of Realty Income Corporation (NYSE:O) by 4.8% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 39,330 shares of the real estate investment trust’s stock after selling 1,974 shares during the period. Arkadios Wealth Advisors’ holdings in Realty Income were worth $2,266,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Compagnie Lombard Odier SCmA acquired a new position in Realty Income during the second quarter valued at approximately $25,000. Keystone Global Partners LLC acquired a new position in Realty Income during the first quarter valued at approximately $26,000. Avion Wealth boosted its position in Realty Income by 142.4% during the second quarter. Avion Wealth now owns 526 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 309 shares during the last quarter. Hilltop National Bank acquired a new position in Realty Income during the second quarter valued at approximately $36,000. Finally, CBIZ Investment Advisory Services LLC boosted its position in Realty Income by 87.6% during the first quarter. CBIZ Investment Advisory Services LLC now owns 649 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 303 shares during the last quarter. 70.81% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Realty Income

In related news, Director Mary Hogan Preusse sold 11,000 shares of the firm’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $60.43, for a total transaction of $664,730.00. Following the sale, the director owned 19,211 shares of the company’s stock, valued at $1,160,920.73. This trade represents a 36.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.10% of the stock is currently owned by company insiders.

Realty Income Price Performance

Shares of NYSE O opened at $57.93 on Friday. The firm has a market cap of $52.97 billion, a P/E ratio of 56.24, a price-to-earnings-growth ratio of 4.46 and a beta of 0.78. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.72. Realty Income Corporation has a 1-year low of $50.71 and a 1-year high of $61.08. The business’s 50 day moving average is $59.39 and its 200-day moving average is $57.90.

Realty Income (NYSE:O) last announced its earnings results on Wednesday, August 6th. The real estate investment trust reported $1.05 earnings per share for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.01). The firm had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.33 billion. Realty Income had a return on equity of 2.34% and a net margin of 16.77%.Realty Income’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same quarter last year, the business posted $1.07 EPS. Equities research analysts predict that Realty Income Corporation will post 4.19 earnings per share for the current year.

Realty Income Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 31st will be issued a dividend of $0.2695 per share. The ex-dividend date of this dividend is Friday, October 31st. This represents a c) annualized dividend and a dividend yield of 5.6%. Realty Income’s dividend payout ratio (DPR) is 313.59%.

Analyst Upgrades and Downgrades

O has been the subject of several recent research reports. UBS Group increased their price target on Realty Income from $62.00 to $66.00 and gave the company a “buy” rating in a research report on Friday, August 15th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Realty Income in a research report on Wednesday, October 8th. Barclays raised their price objective on Realty Income from $59.00 to $63.00 and gave the company an “equal weight” rating in a research report on Monday, October 20th. Wolfe Research cut Realty Income from an “outperform” rating to a “peer perform” rating in a research report on Monday, July 14th. Finally, Evercore ISI initiated coverage on Realty Income in a research report on Wednesday, October 1st. They issued an “in-line” rating and a $62.00 price objective for the company. Three equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, Realty Income currently has a consensus rating of “Hold” and a consensus target price of $62.58.

Realty Income Company Profile

Realty Income, The Monthly Dividend Company, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index. We invest in people and places to deliver dependable monthly dividends that increase over time. The company is structured as a real estate investment trust (“REIT”), and its monthly dividends are supported by the cash flow from over 15,450 real estate properties (including properties acquired in the Spirit merger in January 2024) primarily owned under long-term net lease agreements with commercial clients.