Commonwealth of Pennsylvania Public School Empls Retrmt SYS Raises Stock Holdings in Realty Income Corporation $O

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Realty Income Corporation (NYSE:O) by 22.8% during the 1st quarter, Holdings Channel reports. The firm owned 630,652 shares of the real estate investment trust’s stock after purchasing an additional 117,189 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Realty Income were worth $38,583,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. grew its stake in Realty Income by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 150,415,287 shares of the real estate investment trust’s stock worth $8,478,910,000 after buying an additional 684,949 shares in the last quarter. State Street Corp lifted its holdings in shares of Realty Income by 0.8% during the 4th quarter. State Street Corp now owns 63,559,987 shares of the real estate investment trust’s stock worth $3,599,676,000 after acquiring an additional 531,095 shares during the last quarter. Geode Capital Management LLC grew its position in Realty Income by 2.8% in the fourth quarter. Geode Capital Management LLC now owns 29,206,196 shares of the real estate investment trust’s stock worth $1,655,991,000 after acquiring an additional 793,100 shares in the last quarter. Morgan Stanley increased its stake in Realty Income by 21.6% in the fourth quarter. Morgan Stanley now owns 18,291,294 shares of the real estate investment trust’s stock valued at $1,031,080,000 after acquiring an additional 3,252,091 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Realty Income by 1.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 12,863,638 shares of the real estate investment trust’s stock valued at $725,144,000 after purchasing an additional 192,467 shares in the last quarter. 70.81% of the stock is owned by hedge funds and other institutional investors.

Realty Income Trading Up 0.3%

O stock traded up $0.17 during trading on Friday, hitting $63.34. 4,597,047 shares of the company traded hands, compared to its average volume of 5,851,800. The company has a 50-day moving average of $61.99 and a 200-day moving average of $62.13. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56. Realty Income Corporation has a 1 year low of $55.86 and a 1 year high of $67.93. The firm has a market capitalization of $59.07 billion, a PE ratio of 51.92, a P/E/G ratio of 4.94 and a beta of 0.72.

Realty Income (NYSE:O) last announced 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. The firm 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 business’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.06 earnings per share. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Analysts predict that Realty Income Corporation will post 4.45 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 31st will be given a dividend of $0.271 per share. The ex-dividend date of this dividend is Friday, July 31st. This represents a c) annualized dividend and a yield of 5.1%. Realty Income’s dividend payout ratio is presently 266.39%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on O. Robert W. Baird lifted their price target on Realty Income from $64.00 to $65.00 and gave the stock a “neutral” rating in a research note on Monday, July 6th. Freedom Capital raised Realty Income from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Scotiabank dropped their target price on Realty Income from $72.00 to $67.00 and set a “sector outperform” rating for the company 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. Finally, Barclays lifted 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 given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Realty Income presently has a consensus rating of “Hold” and an average price target of $66.65.

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.