68,014 Shares in Realty Income Corporation $O Purchased by Tulsa Wealth Advisors INC

Tulsa Wealth Advisors INC acquired a new stake in Realty Income Corporation (NYSE:O) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 68,014 shares of the real estate investment trust’s stock, valued at approximately $4,214,000.

A number of other institutional investors have also recently bought and sold shares of the business. EFG International AG bought a new position in shares of Realty Income during the fourth quarter worth approximately $26,000. Evolution Wealth Management Inc. boosted its stake in shares of 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 buying an additional 360 shares during the period. Quattro Advisors LLC acquired a new stake in Realty Income during the fourth quarter worth approximately $29,000. Sankala Group LLC acquired a new stake in Realty Income during the fourth quarter worth approximately $32,000. Finally, Canton Hathaway LLC acquired a new stake in Realty Income during the first quarter worth approximately $40,000. Institutional investors own 70.81% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on O. UBS Group set a $67.00 price objective on Realty Income in a report on Thursday, June 18th. Robert W. Baird raised their price target on Realty Income from $64.00 to $65.00 and gave the stock a “neutral” rating in a research report on Monday, July 6th. Freedom Capital raised Realty Income from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Scotiabank cut their price objective on shares of Realty Income from $72.00 to $67.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 18th. Finally, Morgan Stanley set a $67.00 price objective on shares of Realty Income in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $67.42.

Realty Income Stock Up 0.0%

NYSE O opened at $62.75 on Monday. The business has a fifty day moving average price of $63.07 and a two-hundred day moving average price of $63.10. The stock has a market capitalization of $59.38 billion, a PE ratio of 45.80, a PEG ratio of 4.46 and a beta of 0.71. Realty Income Corporation has a fifty-two week low of $55.86 and a fifty-two week high of $67.93. The company has a debt-to-equity ratio of 0.73, a current ratio of 5.88 and a quick ratio of 5.88.

Realty Income (NYSE:O) last issued its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.09. Realty Income had a return on equity of 3.12% and a net margin of 20.93%.The company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same quarter last year, the company posted $1.05 EPS. The company’s revenue for the quarter was up 9.7% compared to the same quarter last year. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. Equities analysts expect that Realty Income Corporation will post 4.43 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, August 14th. Shareholders of record on Friday, July 31st were given a $0.271 dividend. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date was Friday, July 31st. Realty Income’s payout ratio is currently 237.23%.

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.