Eurizon Capital SGR S.p.A. Makes New $8.12 Million Investment in Realty Income Corporation $O

Eurizon Capital SGR S.p.A. acquired a new position in shares of Realty Income Corporation (NYSE:O) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 143,988 shares of the real estate investment trust’s stock, valued at approximately $8,121,000.

Other institutional investors have also recently bought and sold shares of the company. Stance Capital LLC acquired a new stake in Realty Income during the 3rd quarter worth about $27,000. Strengthening Families & Communities LLC raised its stake in shares of Realty Income by 586.1% during the 3rd quarter. Strengthening Families & Communities LLC now owns 494 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 422 shares in the last quarter. Ameriflex Group Inc. raised its stake in shares of Realty Income by 68.7% during the 3rd quarter. Ameriflex Group Inc. now owns 528 shares of the real estate investment trust’s stock worth $32,000 after purchasing an additional 215 shares in the last quarter. FNY Investment Advisers LLC raised its stake in shares of Realty Income by 622.2% during the 4th quarter. FNY Investment Advisers LLC now owns 650 shares of the real estate investment trust’s stock worth $36,000 after purchasing an additional 560 shares in the last quarter. Finally, Costello Asset Management INC purchased a new stake in shares of Realty Income during the 4th quarter worth about $37,000. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Realty Income Stock Up 0.0%

Shares of O stock opened at $61.31 on Monday. The stock’s 50 day simple moving average is $62.48 and its 200 day simple moving average is $61.19. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56. Realty Income Corporation has a twelve month low of $55.52 and a twelve month high of $67.93. The company has a market capitalization of $57.17 billion, a price-to-earnings ratio of 50.25, a PEG ratio of 4.78 and a beta of 0.73.

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

Realty Income Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on O. UBS Group raised their price target on Realty Income from $66.00 to $72.00 and gave the stock a “buy” rating in a research note on Monday, March 9th. Wall Street Zen raised Realty Income from a “sell” rating to a “hold” rating in a research note on Saturday, February 28th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Realty Income in a research note on Friday, April 10th. Barclays raised their price target on Realty Income from $65.00 to $68.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 21st. Finally, Loop Capital set a $69.00 price target on Realty Income in a research note on Monday, March 2nd. One 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’s stock. Based on data from MarketBeat.com, Realty Income has a consensus rating of “Hold” and a consensus target price of $67.35.

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 value of $461,908.00. Following the transaction, the insider directly owned 67,641 shares of the company’s stock, valued at $4,222,151.22. The trade was a 9.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.10% of the stock is currently owned by corporate insiders.

Realty Income 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.