Aster Capital Management DIFC Ltd Increases Stake in Realty Income Corporation $O

Aster Capital Management DIFC Ltd grew its stake in Realty Income Corporation (NYSE:O) by 125.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 16,593 shares of the real estate investment trust’s stock after buying an additional 9,240 shares during the quarter. Aster Capital Management DIFC Ltd’s holdings in Realty Income were worth $935,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in O. Brighton Jones LLC raised its position in shares of Realty Income by 11.2% during the 4th quarter. Brighton Jones LLC now owns 6,101 shares of the real estate investment trust’s stock worth $326,000 after acquiring an additional 615 shares in the last quarter. Bison Wealth LLC acquired a new stake in shares of Realty Income during the 4th quarter worth about $571,000. Empowered Funds LLC raised its position in shares of Realty Income by 8.0% during the 1st quarter. Empowered Funds LLC now owns 18,029 shares of the real estate investment trust’s stock worth $1,041,000 after acquiring an additional 1,330 shares in the last quarter. Woodline Partners LP raised its position in shares of Realty Income by 41.3% during the 1st quarter. Woodline Partners LP now owns 73,942 shares of the real estate investment trust’s stock worth $4,289,000 after acquiring an additional 21,603 shares in the last quarter. Finally, Intech Investment Management LLC raised its position in shares of Realty Income by 14.9% during the 1st quarter. Intech Investment Management LLC now owns 25,401 shares of the real estate investment trust’s stock worth $1,474,000 after acquiring an additional 3,290 shares in the last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on O. Scotiabank reissued an “outperform” rating on shares of Realty Income in a research report on Tuesday, May 12th. UBS Group raised Realty Income to a “hold” rating in a research report on Monday, June 1st. Loop Capital set a $69.00 target price on Realty Income in a research report on Monday, March 2nd. Royal Bank Of Canada raised their target price on Realty Income from $70.00 to $71.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Finally, Evercore reissued a “positive” rating on shares of Realty Income in a research report on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Realty Income currently has an average rating of “Hold” and a consensus target price of $67.46.

Insider Buying and Selling

In other Realty Income news, insider Michelle Bushore sold 7,400 shares of Realty Income stock in a transaction that occurred 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 transaction, the insider owned 67,641 shares of the company’s stock, 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 filing with the SEC, which is available at this hyperlink. 0.10% of the stock is currently owned by company insiders.

Realty Income Trading Down 1.0%

O opened at $62.11 on Tuesday. The firm has a market cap of $57.92 billion, a price-to-earnings ratio of 50.91, a price-to-earnings-growth ratio of 4.91 and a beta of 0.73. Realty Income Corporation has a 52 week low of $55.86 and a 52 week high of $67.93. The business’s 50 day moving average is $62.43 and its two-hundred day moving average is $61.51. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.72.

Realty Income (NYSE:O) last released its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 EPS for the quarter, topping the consensus estimate of $1.10 by $0.03. The company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.39 billion. Realty Income had a return on equity of 2.80% and a net margin of 18.94%.The firm’s revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.06 earnings per share. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. On average, research analysts predict that Realty Income Corporation will post 4.44 EPS for the current year.

Realty Income Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.271 per share. This represents a c) annualized dividend and a yield of 5.2%. This is a positive change from Realty Income’s previous monthly dividend of $0.27. The ex-dividend date of this dividend is Tuesday, June 30th. Realty Income’s dividend payout ratio is presently 266.39%.

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.