Hsbc Holdings PLC Acquires 189,489 Shares of Realty Income Corporation $O

Hsbc Holdings PLC increased its holdings in shares of Realty Income Corporation (NYSE:O) by 4.8% during the 1st quarter, Holdings Channel reports. The institutional investor owned 4,145,348 shares of the real estate investment trust’s stock after acquiring an additional 189,489 shares during the quarter. Hsbc Holdings PLC’s holdings in Realty Income were worth $253,669,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in O. Peterson Wealth Services raised its stake in shares of Realty Income by 7.4% during the first quarter. Peterson Wealth Services now owns 35,791 shares of the real estate investment trust’s stock valued at $2,190,000 after acquiring an additional 2,465 shares during the last quarter. Kestra Advisory Services LLC grew its stake in shares of Realty Income by 9.1% in the first quarter. Kestra Advisory Services LLC now owns 214,204 shares of the real estate investment trust’s stock worth $13,163,000 after purchasing an additional 17,915 shares during the last quarter. Resona Asset Management Co. Ltd. increased its holdings in Realty Income by 8.7% in the first quarter. Resona Asset Management Co. Ltd. now owns 637,435 shares of the real estate investment trust’s stock valued at $38,984,000 after purchasing an additional 51,224 shares during the period. Demars Financial Group LLC increased its holdings in Realty Income by 7.9% in the first quarter. Demars Financial Group LLC now owns 14,107 shares of the real estate investment trust’s stock valued at $863,000 after purchasing an additional 1,035 shares during the period. Finally, Greenwood Capital Associates LLC bought a new position in Realty Income during the 1st quarter worth $933,000. 70.81% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

O has been the topic of several recent research reports. Stifel Nicolaus set a $70.75 target price on Realty Income in a report on Tuesday, June 30th. Jefferies Financial Group initiated coverage on Realty Income in a research note on Monday, June 1st. They issued a “buy” rating and a $69.00 price target for the company. UBS Group set a $67.00 price objective on Realty Income in a research report on Thursday, June 18th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Realty Income in a research note on Wednesday, July 8th. Finally, Robert W. Baird upped their target price on Realty Income from $64.00 to $65.00 and gave the company a “neutral” rating in a report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $67.17.

Realty Income Stock Performance

Shares of O stock opened at $65.70 on Friday. The company has a market cap of $61.26 billion, a price-to-earnings ratio of 53.85, a price-to-earnings-growth ratio of 5.13 and a beta of 0.72. Realty Income Corporation has a 52 week low of $55.86 and a 52 week high of $67.93. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72. The firm has a 50 day moving average of $62.13 and a 200-day moving average of $62.41.

Realty Income (NYSE:O) last released 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. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. The company had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the previous year, the business posted $1.06 EPS. Realty Income’s revenue for the quarter 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, equities analysts forecast that Realty Income Corporation will post 4.45 earnings per share for the current year.

Realty Income Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 31st will be paid a $0.271 dividend. This represents a c) annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend is Friday, July 31st. Realty Income’s payout ratio is 266.39%.

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.