Natixis Advisors LLC Purchases 27,112 Shares of Realty Income Corporation $O

Natixis Advisors LLC lifted its position in Realty Income Corporation (NYSE:O) by 6.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 474,460 shares of the real estate investment trust’s stock after purchasing an additional 27,112 shares during the quarter. Natixis Advisors LLC owned 0.05% of Realty Income worth $28,842,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp boosted its stake in Realty Income by 1.1% in the 2nd quarter. State Street Corp now owns 61,732,956 shares of the real estate investment trust’s stock valued at $3,556,436,000 after buying an additional 676,697 shares in the last quarter. OLD National Bancorp IN bought a new position in shares of Realty Income during the third quarter valued at $3,391,000. ProShare Advisors LLC lifted its holdings in shares of Realty Income by 5.3% during the third quarter. ProShare Advisors LLC now owns 3,067,894 shares of the real estate investment trust’s stock valued at $186,497,000 after acquiring an additional 155,677 shares during the period. Federated Hermes Inc. boosted its stake in shares of Realty Income by 13.1% in the 2nd quarter. Federated Hermes Inc. now owns 2,669,031 shares of the real estate investment trust’s stock valued at $153,763,000 after purchasing an additional 309,902 shares in the last quarter. Finally, Allied Investment Advisors LLC bought a new stake in shares of Realty Income in the 3rd quarter worth about $10,870,000. 70.81% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Mizuho cut their price target on shares of Realty Income from $63.00 to $60.00 and set a “neutral” rating for the company in a report on Wednesday, December 17th. Deutsche Bank Aktiengesellschaft raised shares of Realty Income from a “hold” rating to a “buy” rating and set a $69.00 price objective on the stock in a research note on Tuesday, January 20th. Stifel Nicolaus raised their price objective on shares of Realty Income from $67.75 to $70.50 and gave the stock a “buy” rating in a report on Wednesday, February 25th. Cantor Fitzgerald lifted their target price on shares of Realty Income from $60.00 to $68.00 and gave the company a “neutral” rating in a research note on Friday, February 27th. Finally, Barclays boosted their target price on Realty Income from $63.00 to $64.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 3rd. Six investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $65.61.

Realty Income Stock Down 0.1%

Shares of NYSE:O opened at $64.87 on Wednesday. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.72. The firm has a market cap of $60.49 billion, a P/E ratio of 55.44, a P/E/G ratio of 3.87 and a beta of 0.77. Realty Income Corporation has a 12 month low of $50.71 and a 12 month high of $67.93. The company’s 50-day moving average price is $62.48 and its two-hundred day moving average price is $59.77.

Realty Income (NYSE:O) last announced its earnings results on Tuesday, February 24th. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.08. Realty Income had a net margin of 18.41% and a return on equity of 2.68%. The company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same period in the prior year, the business earned $1.05 earnings per share. Realty Income’s quarterly revenue was up 11.0% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. As a group, research analysts forecast that Realty Income Corporation will post 4.19 EPS for the current fiscal year.

Realty Income Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be issued a dividend of $0.27 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a c) annualized dividend and a yield of 5.0%. Realty Income’s dividend payout ratio is currently 276.92%.

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.