Realty Income Corporation $O Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC lessened its position in Realty Income Corporation (NYSE:O) by 7.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,825,426 shares of the real estate investment trust’s stock after selling 242,468 shares during the period. ProShare Advisors LLC’s holdings in Realty Income were worth $159,269,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of 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 acquiring an additional 684,949 shares during the period. State Street Corp lifted its stake in shares of Realty Income by 2.1% in the 3rd quarter. State Street Corp now owns 63,028,892 shares of the real estate investment trust’s stock worth $3,831,526,000 after acquiring an additional 1,295,936 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Realty Income by 3.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 12,671,171 shares of the real estate investment trust’s stock worth $770,273,000 after acquiring an additional 433,602 shares during the period. Raymond James Financial Inc. lifted its stake in shares of Realty Income by 1.5% in the 3rd quarter. Raymond James Financial Inc. now owns 12,186,943 shares of the real estate investment trust’s stock worth $740,844,000 after acquiring an additional 175,102 shares during the period. Finally, Daiwa Securities Group Inc. lifted its stake in shares of Realty Income by 0.4% in the 3rd quarter. Daiwa Securities Group Inc. now owns 3,970,350 shares of the real estate investment trust’s stock worth $241,357,000 after acquiring an additional 16,855 shares during the period. Institutional investors and hedge funds own 70.81% of the company’s stock.

Realty Income Stock Performance

Shares of O opened at $61.67 on Tuesday. The company has a 50-day simple moving average of $62.92 and a 200-day simple moving average of $60.88. 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 company has a market capitalization of $57.51 billion, a PE ratio of 50.55, a P/E/G ratio of 4.76 and a beta of 0.75. Realty Income Corporation has a 52-week low of $54.64 and a 52-week high of $67.93.

Realty Income (NYSE:O) last announced its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.03. The business had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.39 billion. Realty Income had a net margin of 18.94% and a return on equity of 2.80%. The business’s revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.06 EPS. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. Equities research analysts predict that Realty Income Corporation will post 4.45 earnings per share for the current fiscal year.

Realty Income Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be issued a dividend of $0.2705 per share. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date is Friday, May 29th. Realty Income’s dividend payout ratio (DPR) is 266.39%.

Insiders Place Their Bets

In other Realty Income news, insider Michelle Bushore sold 7,400 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $62.42, for a total transaction of $461,908.00. Following the completion of the transaction, the insider directly owned 67,641 shares in the company, valued at approximately $4,222,151.22. This trade represents a 9.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Wall Street Zen upgraded shares of Realty Income from a “sell” rating to a “hold” rating in a research note on Saturday, February 28th. Royal Bank Of Canada raised their target price on shares of Realty Income from $70.00 to $71.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. Morgan Stanley set a $67.00 price target on shares of Realty Income in a report on Monday, April 27th. Stifel Nicolaus increased their price target on shares of Realty Income from $67.75 to $70.50 and gave the company a “buy” rating in a report on Wednesday, February 25th. Finally, Barclays increased their price target on shares of Realty Income from $65.00 to $68.00 and gave the company an “equal weight” rating in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $67.35.

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.