Vision Financial Markets LLC Sells 21,898 Shares of Realty Income Corporation $O

Vision Financial Markets LLC lowered its position in Realty Income Corporation (NYSE:OFree Report) by 94.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,204 shares of the real estate investment trust’s stock after selling 21,898 shares during the quarter. Vision Financial Markets LLC’s holdings in Realty Income were worth $68,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Stance Capital LLC bought a new position in shares of Realty Income during the 3rd quarter worth approximately $27,000. Heartwood Wealth Advisors LLC acquired a new stake in Realty Income in the 3rd quarter valued at $29,000. Strengthening Families & Communities LLC boosted its stake in Realty Income by 586.1% in the 3rd quarter. Strengthening Families & Communities LLC now owns 494 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 422 shares in the last quarter. Ameriflex Group Inc. boosted its stake in Realty Income by 68.7% in the 3rd quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 215 shares in the last quarter. Finally, FNY Investment Advisers LLC boosted its stake in Realty Income by 622.2% in the 4th quarter. FNY Investment Advisers LLC now owns 650 shares of the real estate investment trust’s stock valued at $36,000 after buying an additional 560 shares in the last quarter. Institutional investors own 70.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on O. Barclays boosted their price target on Realty Income from $64.00 to $65.00 and gave the company an “equal weight” rating in a research note on Friday, March 13th. Cantor Fitzgerald boosted their price target on Realty Income from $60.00 to $68.00 and gave the company a “neutral” rating in a research note on Friday, February 27th. Deutsche Bank Aktiengesellschaft raised Realty Income from a “hold” rating to a “buy” rating and set a $69.00 price target on the stock in a research note on Tuesday, January 20th. 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 research note on Wednesday, February 25th. Finally, UBS Group boosted their price target on Realty Income from $66.00 to $72.00 and gave the company a “buy” rating in a research note on Monday, March 9th. Six 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. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $66.39.

Check Out Our Latest Stock Report on Realty Income

Insider Buying and Selling at Realty Income

In other news, insider Michelle Bushore sold 7,400 shares of the business’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $62.42, for a total transaction of $461,908.00. Following the completion of the sale, the insider owned 67,641 shares in the company, valued at $4,222,151.22. The trade was a 9.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.10% of the stock is currently owned by insiders.

Realty Income Trading Up 0.9%

Shares of O opened at $62.81 on Thursday. The stock has a fifty day moving average price of $63.67 and a two-hundred day moving average price of $60.24. 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 Corporation has a 52-week low of $50.71 and a 52-week high of $67.93. The company has a market cap of $58.57 billion, a price-to-earnings ratio of 53.69, a PEG ratio of 4.71 and a beta of 0.79.

Realty Income (NYSE:OGet Free Report) last issued its quarterly earnings data on Tuesday, February 24th. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.08. Realty Income had a return on equity of 2.68% and a net margin of 18.41%.The firm had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter in the previous year, the company posted $1.05 EPS. The business’s revenue for the quarter was up 11.0% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.380-4.420 EPS. Analysts predict that Realty Income Corporation will post 4.19 EPS for the current fiscal year.

Realty Income Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.2705 per share. The ex-dividend date is Tuesday, March 31st. This is an increase from Realty Income’s previous monthly dividend of $0.27. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. Realty Income’s dividend payout ratio is presently 277.78%.

Realty Income Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Realty Income (NYSE:O)

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