18,594 Shares in Realty Income Corporation $O Bought by Fairtree Asset Management Pty Ltd

Fairtree Asset Management Pty Ltd purchased a new position in Realty Income Corporation (NYSE:O) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 18,594 shares of the real estate investment trust’s stock, valued at approximately $1,152,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of O. EFG International AG bought a new stake in Realty Income in the 4th quarter valued at about $26,000. Dunhill Financial LLC bought a new position in Realty Income in the second quarter worth approximately $27,000. Evolution Wealth Management Inc. grew its stake in Realty Income by 257.1% in the fourth quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 360 shares during the period. Quattro Advisors LLC acquired a new stake in Realty Income in the fourth quarter valued at approximately $29,000. Finally, Sankala Group LLC bought a new stake in shares of Realty Income during the fourth quarter valued at approximately $32,000. 70.81% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

O has been the topic of a number of research reports. Evercore set a $68.00 target price on Realty Income in a research report on Friday, August 7th. Weiss Ratings upgraded shares of Realty Income from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 6th. Jefferies Financial Group initiated coverage on shares of Realty Income in a report on Monday, June 1st. They set a “buy” rating and a $69.00 price objective on the stock. Freedom Capital raised shares of Realty Income from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Finally, Morgan Stanley set a $67.00 price objective on shares of Realty Income in a report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Realty Income currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.42.

Realty Income Stock Up 0.5%

O stock opened at $63.27 on Friday. Realty Income Corporation has a twelve month low of $55.86 and a twelve month high of $67.93. The company has a quick ratio of 5.88, a current ratio of 5.88 and a debt-to-equity ratio of 0.73. The stock’s 50 day moving average is $63.18 and its 200-day moving average is $63.16. The firm has a market capitalization of $59.87 billion, a PE ratio of 46.18, a P/E/G ratio of 4.47 and a beta of 0.71.

Realty Income (NYSE:O) last announced its earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.09. Realty Income had a return on equity of 3.12% and a net margin of 20.93%.The company had revenue of $1.55 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same quarter in the previous year, the firm earned $1.05 earnings per share. Realty Income’s quarterly revenue was up 9.7% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. Sell-side analysts expect that Realty Income Corporation will post 4.43 EPS for the current fiscal year.

Realty Income Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a dividend of $0.271 per share. This represents a c) dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend is Monday, August 31st. Realty Income’s payout ratio is currently 237.23%.

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.