Realty Income Corporation $O Shares Bought by USS Investment Management Ltd

USS Investment Management Ltd raised its holdings in Realty Income Corporation (NYSE:O) by 7.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 177,730 shares of the real estate investment trust’s stock after purchasing an additional 12,217 shares during the period. USS Investment Management Ltd’s holdings in Realty Income were worth $10,021,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of O. Norges Bank acquired a new stake in Realty Income in the fourth quarter valued at approximately $558,775,000. Vanguard Group Inc. grew its holdings in Realty Income by 2.5% in the third quarter. Vanguard Group Inc. now owns 149,730,338 shares of the real estate investment trust’s stock valued at $9,102,107,000 after purchasing an additional 3,594,127 shares during the period. Morgan Stanley grew its holdings in Realty Income by 21.6% in the fourth 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 during the period. Deutsche Bank AG grew its holdings in Realty Income by 45.1% in the fourth quarter. Deutsche Bank AG now owns 4,998,963 shares of the real estate investment trust’s stock valued at $281,792,000 after purchasing an additional 1,554,726 shares during the period. Finally, State Street Corp grew its holdings in Realty Income by 2.1% in the third quarter. State Street Corp now owns 63,028,892 shares of the real estate investment trust’s stock valued at $3,831,526,000 after purchasing an additional 1,295,936 shares during the period. 70.81% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Realty Income news, insider Michelle Bushore sold 7,400 shares of Realty Income stock in a transaction 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 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 document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.10% of the company’s stock.

Realty Income Stock Performance

Shares of Realty Income stock opened at $62.11 on Tuesday. Realty Income Corporation has a one year low of $55.86 and a one year high of $67.93. The company has a market cap of $57.92 billion, a price-to-earnings ratio of 50.91, a PEG ratio of 4.91 and a beta of 0.73. 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 business’s 50 day moving average price is $62.43 and its 200 day moving average price is $61.51.

Realty Income (NYSE:O) last announced its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $1.13 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 firm had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.39 billion. During the same quarter last year, the business posted $1.06 earnings per share. 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. On average, research analysts predict that Realty Income Corporation will post 4.44 EPS for the current year.

Realty Income Increases Dividend

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

Analyst Ratings Changes

Several brokerages have commented on O. Barclays raised their price objective on Realty Income from $65.00 to $68.00 and gave the company an “equal weight” rating in a report on Tuesday, April 21st. Morgan Stanley set a $67.00 price target on Realty Income in a research note on Monday, April 27th. Mizuho lowered their price target on Realty Income from $68.00 to $66.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 13th. Wall Street Zen raised Realty Income from a “sell” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Jefferies Financial Group assumed coverage on Realty Income in a research note on Monday, June 1st. They issued a “buy” rating and a $69.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Realty Income presently has a consensus rating of “Hold” and an average target price of $67.46.

About Realty Income

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.