Realty Income Corporation $O Shares Acquired by Elo Mutual Pension Insurance Co

Elo Mutual Pension Insurance Co increased its stake in shares of Realty Income Corporation (NYSE:O) by 106.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 114,666 shares of the real estate investment trust’s stock after acquiring an additional 59,152 shares during the period. Elo Mutual Pension Insurance Co’s holdings in Realty Income were worth $6,606,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of O. Moseley Investment Management Inc. grew its stake in shares of Realty Income by 1.3% during the 2nd quarter. Moseley Investment Management Inc. now owns 13,565 shares of the real estate investment trust’s stock worth $781,000 after purchasing an additional 175 shares during the period. Castle Rock Wealth Management LLC boosted its holdings in Realty Income by 0.6% during the second quarter. Castle Rock Wealth Management LLC now owns 27,421 shares of the real estate investment trust’s stock worth $1,552,000 after buying an additional 177 shares in the last quarter. Creative Financial Designs Inc. ADV grew its position in Realty Income by 10.7% during the second quarter. Creative Financial Designs Inc. ADV now owns 1,833 shares of the real estate investment trust’s stock valued at $106,000 after buying an additional 177 shares during the period. Revisor Wealth Management LLC increased its holdings in Realty Income by 2.3% in the second quarter. Revisor Wealth Management LLC now owns 7,935 shares of the real estate investment trust’s stock valued at $454,000 after buying an additional 178 shares in the last quarter. Finally, Pure Financial Advisors LLC raised its position in shares of Realty Income by 3.5% in the second quarter. Pure Financial Advisors LLC now owns 5,519 shares of the real estate investment trust’s stock worth $318,000 after acquiring an additional 185 shares during the period. 70.81% of the stock is owned by institutional investors and hedge funds.

Realty Income Price Performance

Shares of Realty Income stock opened at $56.73 on Wednesday. The stock has a market capitalization of $52.18 billion, a P/E ratio of 55.07, a PEG ratio of 4.46 and a beta of 0.77. The business has a 50 day simple moving average of $58.62 and a two-hundred day simple moving average of $57.85. Realty Income Corporation has a 12 month low of $50.71 and a 12 month high of $61.08. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.85 and a quick ratio of 1.85.

Realty Income (NYSE:O) last issued its quarterly earnings results on Monday, November 3rd. The real estate investment trust reported $1.08 EPS for the quarter, topping the consensus estimate of $1.07 by $0.01. Realty Income had a return on equity of 2.34% and a net margin of 16.77%.The firm had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.35 billion. During the same period in the previous year, the business earned $1.05 earnings per share. The firm’s revenue for the quarter was up 10.5% on a year-over-year basis. Realty Income has set its FY 2025 guidance at 4.250-4.270 EPS. As a group, analysts predict that Realty Income Corporation will post 4.19 EPS for the current fiscal year.

Realty Income Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, December 15th. Stockholders of record on Friday, November 28th will be given a $0.2695 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date is Friday, November 28th. Realty Income’s dividend payout ratio is 299.07%.

Insider Buying and Selling at Realty Income

In related news, Director Mary Hogan Preusse sold 11,000 shares of the business’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $60.43, for a total transaction of $664,730.00. Following the transaction, the director directly owned 19,211 shares in the company, valued at approximately $1,160,920.73. The trade was a 36.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on O. Wells Fargo & Company raised their target price on Realty Income from $59.00 to $60.00 and gave the company an “equal weight” rating in a research report on Tuesday. Cantor Fitzgerald dropped their price objective on Realty Income from $64.00 to $60.00 and set a “neutral” rating on the stock in a report on Thursday, November 6th. Mizuho upped their target price on Realty Income from $60.00 to $63.00 and gave the stock a “neutral” rating in a research note on Thursday, September 11th. Scotiabank increased their target price on Realty Income from $58.00 to $60.00 and gave the company a “sector perform” rating in a research report on Thursday, August 28th. Finally, Evercore ISI assumed coverage on shares of Realty Income in a research note on Wednesday, October 1st. They issued an “in-line” rating and a $62.00 price target on the stock. Three research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $62.15.

Realty Income Company Profile

Realty Income, The Monthly Dividend Company, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index. We invest in people and places to deliver dependable monthly dividends that increase over time. The company is structured as a real estate investment trust (“REIT”), and its monthly dividends are supported by the cash flow from over 15,450 real estate properties (including properties acquired in the Spirit merger in January 2024) primarily owned under long-term net lease agreements with commercial clients.