Natixis Advisors LLC Has $28.84 Million Stock Holdings in Realty Income Corporation $O

Natixis Advisors LLC boosted its position in Realty Income Corporation (NYSE:O) by 6.1% during the 3rd quarter, Holdings Channel.com reports. The fund owned 474,460 shares of the real estate investment trust’s stock after buying an additional 27,112 shares during the quarter. Natixis Advisors LLC’s holdings in Realty Income were worth $28,842,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Crescent Sterling Ltd. raised its holdings in Realty Income by 4.1% during the 3rd quarter. Crescent Sterling Ltd. now owns 4,515 shares of the real estate investment trust’s stock worth $274,000 after purchasing an additional 176 shares during the last quarter. Gold Investment Management Ltd. grew its position in shares of Realty Income by 0.3% during the 3rd quarter. Gold Investment Management Ltd. now owns 56,665 shares of the real estate investment trust’s stock worth $3,445,000 after buying an additional 182 shares during the period. Hantz Financial Services Inc. raised its stake in shares of Realty Income by 21.3% during the third quarter. Hantz Financial Services Inc. now owns 1,097 shares of the real estate investment trust’s stock worth $67,000 after buying an additional 193 shares during the last quarter. HBK Sorce Advisory LLC raised its stake in shares of Realty Income by 1.3% during the third quarter. HBK Sorce Advisory LLC now owns 15,578 shares of the real estate investment trust’s stock worth $926,000 after buying an additional 195 shares during the last quarter. Finally, Code Waechter LLC grew its stake in shares of Realty Income by 2.2% during the third quarter. Code Waechter LLC now owns 9,016 shares of the real estate investment trust’s stock worth $530,000 after purchasing an additional 196 shares during the period. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Scotiabank raised Realty Income from a “sector perform” rating to a “sector outperform” rating and increased their target price for the company from $60.00 to $67.00 in a research note on Friday, January 30th. Royal Bank Of Canada boosted their price target on Realty Income from $61.00 to $70.00 and gave the company an “outperform” rating in a report on Wednesday, February 25th. Mizuho cut their price objective on shares of Realty Income from $63.00 to $60.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 17th. Loop Capital set a $69.00 target price on shares of Realty Income in a research note on Monday, March 2nd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Realty Income in a research note on Monday, December 29th. Six investment analysts have rated the stock with a Buy rating, nine 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 a consensus target price of $65.61.

Realty Income Stock Down 0.1%

O opened at $64.87 on Wednesday. The stock has a fifty day moving average of $62.48 and a 200-day moving average of $59.77. The company has a market capitalization 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 fifty-two week low of $50.71 and a fifty-two week high of $67.93. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.40 and a current ratio of 1.40.

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

Realty Income Announces Dividend

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 paid a dividend of $0.27 per share. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date is Friday, February 27th. Realty Income’s dividend payout ratio is presently 276.92%.

About Realty Income

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.