Realty Income Corporation $O Shares Bought by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. boosted its position in shares of Realty Income Corporation (NYSE:O) by 8.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 637,435 shares of the real estate investment trust’s stock after buying an additional 51,224 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Realty Income were worth $38,984,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Realty Income by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 150,415,287 shares of the real estate investment trust’s stock worth $8,478,910,000 after purchasing an additional 684,949 shares in the last quarter. State Street Corp raised its stake in Realty Income by 0.8% in the 4th quarter. State Street Corp now owns 63,559,987 shares of the real estate investment trust’s stock valued at $3,599,676,000 after purchasing an additional 531,095 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Realty Income by 2.8% in the 4th quarter. Geode Capital Management LLC now owns 29,206,196 shares of the real estate investment trust’s stock valued at $1,655,991,000 after purchasing an additional 793,100 shares in the last quarter. Morgan Stanley lifted its holdings in Realty Income by 21.6% in the 4th quarter. Morgan Stanley now owns 18,291,294 shares of the real estate investment trust’s stock valued at $1,031,080,000 after purchasing an additional 3,252,091 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Realty Income by 1.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 12,863,638 shares of the real estate investment trust’s stock valued at $725,144,000 after purchasing an additional 192,467 shares in the last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.

Trending Headlines about Realty Income

Here are the key news stories impacting Realty Income this week:

• Positive Sentiment: Realty Income declared its 673rd consecutive monthly dividend of $0.2710 per share, reinforcing its reputation as a steady income stock and signaling continued cash-flow support for shareholders. Realty Income Announces 673rd Consecutive Common Stock Monthly Dividend
• Positive Sentiment: An analyst reportedly raised the price target on Realty Income and reiterated a Buy rating, which can help bolster investor confidence in the stock’s valuation and dividend appeal. Analyst Raises Realty Income (O) Price Target, Reiterates Buy Rating
• Positive Sentiment: The company expanded its euro debt market presence with a €600 million offering, which may improve financing flexibility for future acquisitions and portfolio growth. Realty Income Expands Euro Debt Market Presence
• Neutral Sentiment: The stock has attracted elevated investor and search interest, but the coverage mainly highlights existing fundamentals rather than a new catalyst. Realty Income Corporation (O) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Despite the supportive news, shares of Realty Income have been slightly lower, indicating the market is currently focusing more on broader trading pressure than on the dividend headlines alone. Realty Income Corp. (O) Dips More Than Broader Market: What You Should Know

Analyst Ratings Changes

A number of research firms have recently issued reports on O. Jefferies Financial Group started coverage on shares of Realty Income in a report on Monday, June 1st. They set a “buy” rating and a $69.00 target price for the company. Scotiabank decreased their price target on shares of Realty Income from $72.00 to $67.00 and set a “sector outperform” rating on the stock in a research note on Thursday, June 18th. Mizuho lowered their price target on shares of Realty Income from $68.00 to $66.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. Stifel Nicolaus set a $70.75 price objective on shares of Realty Income in a research note on Tuesday, June 30th. Finally, UBS Group set a $67.00 price objective on shares of Realty Income in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $66.65.

Realty Income Stock Performance

NYSE O opened at $63.24 on Thursday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.56 and a current ratio of 1.56. The stock’s fifty day moving average is $62.00 and its two-hundred day moving average is $62.07. The firm has a market capitalization of $58.97 billion, a P/E ratio of 51.84, a price-to-earnings-growth ratio of 4.99 and a beta of 0.72. Realty Income Corporation has a fifty-two week low of $55.86 and a fifty-two week high of $67.93.

Realty Income (NYSE:O) last issued its earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $1.39 billion. During the same period last year, the company earned $1.06 EPS. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.410-4.440 EPS. On average, research analysts anticipate that Realty Income Corporation will post 4.45 earnings per share for the current year.

Realty Income Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be given a $0.271 dividend. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date is Friday, July 31st. 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.