Realty Income Corporation $O Shares Acquired by TD Asset Management Inc

TD Asset Management Inc lifted its position in shares of Realty Income Corporation (NYSE:O) by 2.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 453,766 shares of the real estate investment trust’s stock after buying an additional 11,486 shares during the period. TD Asset Management Inc’s holdings in Realty Income were worth $25,579,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Cibc World Market Inc. increased its holdings in Realty Income by 0.5% in the 4th quarter. Cibc World Market Inc. now owns 488,940 shares of the real estate investment trust’s stock valued at $27,562,000 after purchasing an additional 2,383 shares in the last quarter. Evolution Wealth Management Inc. increased its holdings in Realty Income by 257.1% in the 4th quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 360 shares in the last quarter. WCG Wealth Advisors LLC acquired a new stake in Realty Income in the 4th quarter valued at $671,000. CIBC Asset Management Inc increased its holdings in Realty Income by 24.1% in the 4th quarter. CIBC Asset Management Inc now owns 489,155 shares of the real estate investment trust’s stock valued at $27,549,000 after purchasing an additional 94,839 shares in the last quarter. Finally, Kesler Norman & Wride LLC increased its holdings in Realty Income by 38.7% in the 4th quarter. Kesler Norman & Wride LLC now owns 30,808 shares of the real estate investment trust’s stock valued at $1,737,000 after purchasing an additional 8,591 shares in the last quarter. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Realty Income Stock Up 0.1%

Shares of Realty Income stock opened at $60.90 on Monday. The business has a 50-day moving average of $62.38 and a 200-day moving average of $61.30. 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 company has a market capitalization of $56.79 billion, a PE ratio of 49.92, a P/E/G ratio of 4.76 and a beta of 0.72. Realty Income Corporation has a 1-year low of $55.60 and a 1-year high of $67.93.

Realty Income (NYSE:O) last announced its earnings results 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 company had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.39 billion. Realty Income had a return on equity of 2.80% and a net margin of 18.94%.The company’s revenue was up 12.2% on a year-over-year basis. During the same period last year, the firm earned $1.06 earnings per share. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. As a group, equities analysts forecast that Realty Income Corporation will post 4.44 EPS for the current fiscal year.

Realty Income Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be paid a dividend of $0.2705 per share. The ex-dividend date is Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 5.3%. Realty Income’s dividend payout ratio (DPR) is currently 265.57%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on O. Royal Bank Of Canada increased their price target on Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Freedom Capital upgraded Realty Income from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Evercore reiterated a “positive” rating on shares of Realty Income in a report on Wednesday, February 25th. Scotiabank reiterated an “outperform” rating on shares of Realty Income in a report on Tuesday, May 12th. Finally, Loop Capital set a $69.00 price target on Realty Income in a report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Realty Income has a consensus rating of “Hold” and a consensus target price of $67.46.

Insider Buying and Selling at Realty Income

In other news, insider Michelle Bushore sold 7,400 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total transaction of $461,908.00. Following the completion of the sale, the insider directly owned 67,641 shares in the company, valued at $4,222,151.22. This trade represents a 9.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.10% of the stock is owned by corporate insiders.

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.