OneDigital Investment Advisors LLC Invests $5.17 Million in Realty Income Corporation $O

OneDigital Investment Advisors LLC bought a new position in shares of Realty Income Corporation (NYSE:O) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 83,518 shares of the real estate investment trust’s stock, valued at approximately $5,175,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Plato Investment Management Ltd acquired a new stake in Realty Income during the second quarter worth approximately $2,386,000. Bell Investment Advisors Inc acquired a new position in shares of Realty Income in the 2nd quarter valued at $47,000. Simplicity Wealth LLC acquired a new position in shares of Realty Income in the 2nd quarter valued at $2,618,000. N.E.W. Advisory Services LLC acquired a new position in shares of Realty Income in the 2nd quarter valued at $1,524,000. Finally, HBK Sorce Advisory LLC purchased a new position in shares of Realty Income in the 2nd quarter valued at $849,000. 70.81% of the stock is owned by institutional investors and hedge funds.

Realty Income Trading Up 0.0%

NYSE:O opened at $62.75 on Monday. The company has a current ratio of 5.88, a quick ratio of 5.88 and a debt-to-equity ratio of 0.73. The firm has a market cap of $59.38 billion, a P/E ratio of 45.80, a PEG ratio of 4.46 and a beta of 0.71. The stock’s 50 day simple moving average is $63.07 and its 200-day simple moving average is $63.10. Realty Income Corporation has a 12-month low of $55.86 and a 12-month high of $67.93.

Realty Income (NYSE:O) last announced its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $1.09 EPS for the quarter, hitting analysts’ consensus estimates of $1.09. The company had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.40 billion. Realty Income had a net margin of 20.93% and a return on equity of 3.12%. Realty Income’s quarterly revenue was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.05 EPS. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. Equities analysts anticipate that Realty Income Corporation will post 4.43 EPS for the current year.

Realty Income Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on O shares. Jefferies Financial Group assumed coverage on shares of Realty Income in a research note on Monday, June 1st. They set a “buy” rating and a $69.00 price target on the stock. Morgan Stanley set a $67.00 price objective on shares of Realty Income in a research note on Monday, April 27th. Huntington initiated coverage on Realty Income in a research report on Wednesday, July 15th. They set an “outperform” rating and a $70.00 target price on the stock. Mizuho reduced their target price on Realty Income from $68.00 to $66.00 and set a “neutral” rating for the company in a report on Wednesday, May 13th. Finally, Barclays reduced their target price on Realty Income from $68.00 to $67.00 and set an “equal weight” rating for the company in a report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Realty Income has an average rating of “Moderate Buy” and a consensus target price of $67.42.

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.