Clearstead Trust LLC Acquires 16,760 Shares of Realty Income Corporation $O

Clearstead Trust LLC lifted its holdings in shares of Realty Income Corporation (NYSE:O) by 46.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 52,782 shares of the real estate investment trust’s stock after purchasing an additional 16,760 shares during the quarter. Clearstead Trust LLC’s holdings in Realty Income were worth $2,975,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in O. Stance Capital LLC bought a new position in shares of Realty Income during the 3rd quarter worth about $27,000. Strengthening Families & Communities LLC lifted its holdings in Realty Income by 586.1% during the 3rd quarter. Strengthening Families & Communities LLC now owns 494 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 422 shares during the last quarter. Ameriflex Group Inc. lifted its holdings in Realty Income by 68.7% during the 3rd quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 215 shares during the last quarter. FNY Investment Advisers LLC lifted its holdings in Realty Income by 622.2% during the 4th 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 last quarter. Finally, Costello Asset Management INC bought a new position in Realty Income during the 4th quarter valued at about $37,000. 70.81% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Realty Income news, insider Michelle Bushore sold 7,400 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $62.42, for a total value of $461,908.00. Following the completion of the sale, the insider 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.10% of the company’s stock.

Realty Income News Roundup

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

Realty Income Trading Up 0.2%

O opened at $62.14 on Monday. 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 stock has a market capitalization of $57.94 billion, a PE ratio of 50.93, a PEG ratio of 4.84 and a beta of 0.75. Realty Income Corporation has a 1-year low of $55.03 and a 1-year high of $67.93. The firm has a 50-day moving average price of $62.71 and a two-hundred day moving average price of $60.99.

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, beating the consensus estimate of $1.10 by $0.03. The firm had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.39 billion. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the company posted $1.06 EPS. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. As a group, equities analysts anticipate 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. Shareholders of record on Friday, May 29th will be given a $0.2705 dividend. This represents a c) annualized dividend and a yield of 5.2%. The ex-dividend date is Friday, May 29th. Realty Income’s dividend payout ratio (DPR) is presently 266.39%.

Analysts Set New Price Targets

O has been the subject of several analyst reports. Evercore reissued a “positive” rating on shares of Realty Income in a report on Wednesday, February 25th. Stifel Nicolaus lifted their price target on shares of Realty Income from $67.75 to $70.50 and gave the company a “buy” rating in a report on Wednesday, February 25th. Loop Capital set a $69.00 price target on shares of Realty Income in a report on Monday, March 2nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Realty Income in a report on Friday, April 10th. Finally, Scotiabank reissued an “outperform” rating on shares of Realty Income in a report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Realty Income presently has a consensus rating of “Hold” and an average target price of $67.35.

Realty Income 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.