Realty Income Corporation $O Holdings Cut by TD Private Client Wealth LLC

TD Private Client Wealth LLC decreased its stake in Realty Income Corporation (NYSE:O) by 13.7% in the fourth quarter, Holdings Channel reports. The institutional investor owned 55,754 shares of the real estate investment trust’s stock after selling 8,827 shares during the quarter. TD Private Client Wealth LLC’s holdings in Realty Income were worth $3,143,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. RiverFront Investment Group LLC purchased a new stake in Realty Income in the 4th quarter worth approximately $315,000. North Dakota State Investment Board purchased a new stake in Realty Income in the 4th quarter worth approximately $1,748,000. Elyxium Wealth LLC purchased a new stake in Realty Income in the 4th quarter worth approximately $57,000. Soltis Investment Advisors LLC increased its stake in shares of Realty Income by 5.9% during the 4th quarter. Soltis Investment Advisors LLC now owns 165,963 shares of the real estate investment trust’s stock worth $9,355,000 after purchasing an additional 9,311 shares during the last quarter. Finally, Evergreen Wealth Partners LLC acquired a new position in shares of Realty Income during the 4th quarter worth $233,000. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Insider Transactions at Realty Income

In related news, insider Michelle Bushore sold 7,400 shares of the firm’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $62.42, for a total value of $461,908.00. Following the transaction, 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 transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.10% of the company’s stock.

Realty Income Stock Performance

NYSE:O opened at $61.67 on Tuesday. Realty Income Corporation has a 1 year low of $54.64 and a 1 year high of $67.93. The firm’s fifty day simple moving average is $62.92 and its 200 day simple moving average is $60.88. 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 $57.51 billion, a PE ratio of 50.55, a PEG ratio of 4.76 and a beta of 0.75.

Realty Income (NYSE:O) last posted its earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.03. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. The business had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same period last year, the business posted $1.06 EPS. Realty Income’s revenue was up 12.2% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. On average, sell-side analysts anticipate that Realty Income Corporation will post 4.45 EPS for the current year.

Realty Income Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid a $0.2705 dividend. The ex-dividend date is Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 5.3%. Realty Income’s dividend payout ratio (DPR) is presently 266.39%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. Stifel Nicolaus increased their price target on shares of Realty Income from $67.75 to $70.50 and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Loop Capital set a $69.00 price target on shares of Realty Income in a research note on Monday, March 2nd. Evercore restated a “positive” rating on shares of Realty Income in a research note on Wednesday, February 25th. Royal Bank Of Canada increased their price target on shares of Realty Income from $70.00 to $71.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. Finally, Barclays increased their price target on shares of Realty Income from $65.00 to $68.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $67.35.

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.