Realty Income Corporation $O Shares Sold by Vanderbilt University

Vanderbilt University lowered its stake in shares of Realty Income Corporation (NYSE:O) by 36.9% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 19,855 shares of the real estate investment trust’s stock after selling 11,605 shares during the period. Vanderbilt University’s holdings in Realty Income were worth $1,215,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. EFG International AG acquired a new position in Realty Income during the fourth quarter worth $26,000. Stance Capital LLC acquired a new stake in shares of Realty Income in the third quarter valued at $27,000. Evolution Wealth Management Inc. raised its holdings in shares of 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 buying an additional 360 shares during the period. Quattro Advisors LLC purchased a new stake in shares of Realty Income in the 4th quarter valued at $29,000. Finally, Ameriflex Group Inc. raised its holdings in shares of Realty Income by 68.7% in the 3rd quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 215 shares during the period. Institutional investors and hedge funds own 70.81% of the company’s stock.

Insider Buying and Selling at Realty Income

In related news, insider Michelle Bushore sold 7,400 shares of the firm’s stock in a transaction that occurred 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 sale, the insider owned 67,641 shares of the company’s stock, 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 through this hyperlink. Insiders own 0.10% of the company’s stock.

Realty Income Stock Up 0.8%

Shares of NYSE O opened at $62.02 on Thursday. The stock has a market cap of $57.84 billion, a P/E ratio of 50.84, a PEG ratio of 4.80 and a beta of 0.72. The business’s fifty day simple moving average is $62.20 and its 200-day simple moving average is $61.68. Realty Income Corporation has a 12-month low of $55.86 and a 12-month high of $67.93. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.72.

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

Realty Income Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.271 per share. The ex-dividend date is Tuesday, June 30th. This is a positive change from Realty Income’s previous monthly dividend of $0.27. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. Realty Income’s payout ratio is currently 266.39%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on O shares. Mizuho lowered their target price on Realty Income from $68.00 to $66.00 and set a “neutral” rating for the company in a report on Wednesday, May 13th. Wall Street Zen upgraded shares of Realty Income from a “sell” rating to a “hold” rating in a research note on Saturday, February 28th. Freedom Capital raised shares of Realty Income from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Jefferies Financial Group assumed coverage on shares of Realty Income in a research report on Monday, June 1st. They set a “buy” rating and a $69.00 price target on the stock. Finally, Stifel Nicolaus raised their price objective on shares of Realty Income from $67.75 to $70.50 and gave the company a “buy” rating in a research note on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $66.75.

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.