Sei Investments Co. Sells 329,782 Shares of Realty Income Corporation $O

Sei Investments Co. lowered its holdings in Realty Income Corporation (NYSE:O) by 19.3% during the 1st quarter, HoldingsChannel.com reports. The fund owned 1,376,636 shares of the real estate investment trust’s stock after selling 329,782 shares during the quarter. Sei Investments Co.’s holdings in Realty Income were worth $84,223,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. EFG International AG purchased a new position in shares of Realty Income during the fourth quarter worth about $26,000. Evolution Wealth Management Inc. raised its stake in Realty Income by 257.1% in the fourth quarter. Evolution Wealth Management Inc. now owns 500 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 360 shares in the last quarter. Quattro Advisors LLC purchased a new stake in Realty Income in the fourth quarter valued at approximately $29,000. Sankala Group LLC bought a new stake in Realty Income during the fourth quarter valued at approximately $32,000. Finally, FNY Investment Advisers LLC lifted its position in Realty Income by 622.2% during the fourth quarter. FNY Investment Advisers LLC now owns 650 shares of the real estate investment trust’s stock valued at $36,000 after purchasing an additional 560 shares during the last quarter. Institutional investors own 70.81% of the company’s stock.

Realty Income Trading Up 1.3%

Shares of O opened at $65.59 on Friday. The firm has a market cap of $61.16 billion, a price-to-earnings ratio of 53.76, a PEG ratio of 5.05 and a beta of 0.72. 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 fifty-two week low of $55.86 and a fifty-two week high of $67.93. The firm has a 50 day moving average price of $62.45 and a 200-day moving average price of $62.70.

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

Realty Income Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 31st will be given a dividend of $0.271 per share. This represents a c) annualized dividend and a yield of 5.0%. The ex-dividend date is Friday, July 31st. Realty Income’s dividend payout ratio is presently 266.39%.

Key Headlines Impacting Realty Income

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

• Positive Sentiment: Analysts and market commentary continue to frame Realty Income as a reliable income stock, citing its long record of monthly dividends and steady payout growth. Realty Income vs SCHD ETF: Better buy for income investors?
• Positive Sentiment: Investor interest is also being supported by a bullish long-term thesis around Realty Income’s expansion into data centers, which could create a new growth engine for dividend increases over time. Realty Income’s Data Center Bet Could Turbocharge Dividend Growth Over the Next Decade
• Neutral Sentiment: Barclays reiterated a Hold rating on Realty Income, suggesting analysts still see the stock as fairly valued rather than an obvious bargain or sell candidate. Barclays Remains a Hold on Realty Income (O)

Analysts Set New Price Targets

Several research firms have recently weighed in on O. Royal Bank Of Canada raised their price objective on shares of Realty Income from $70.00 to $71.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. Huntington assumed coverage on Realty Income in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $70.00 target price on the stock. Jefferies Financial Group initiated coverage on Realty Income in a research report on Monday, June 1st. They set a “buy” rating and a $69.00 price target on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Realty Income in a research note on Wednesday, July 8th. Finally, Stifel Nicolaus set a $70.75 price objective on Realty Income in a report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Realty Income presently has an average rating of “Hold” and a consensus target price of $67.11.

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.