78,879 Shares in Realty Income Corporation $O Acquired by Kinloch Capital LLC

Kinloch Capital LLC purchased a new position in shares of Realty Income Corporation (NYSE:O) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 78,879 shares of the real estate investment trust’s stock, valued at approximately $4,887,000. Realty Income comprises about 1.8% of Kinloch Capital LLC’s holdings, making the stock its 21st biggest holding.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Dunhill Financial LLC acquired a new stake in shares of Realty Income in the second quarter worth $27,000. EFG International AG purchased a new position in shares of Realty Income during the fourth quarter worth $26,000. Evolution Wealth Management Inc. lifted its position in Realty Income by 257.1% during 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 during the period. Quattro Advisors LLC acquired a new position in Realty Income during the fourth quarter valued at $29,000. Finally, Sankala Group LLC purchased a new stake in Realty Income in the fourth quarter valued at $32,000. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have weighed in on O shares. Weiss Ratings raised Realty Income from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday. Morgan Stanley set a $67.00 price objective on Realty Income in a report on Monday, April 27th. UBS Group set a $67.00 target price on Realty Income in a research note on Thursday, June 18th. Evercore set a $68.00 target price on Realty Income in a report on Friday, August 7th. Finally, Huntington assumed coverage on Realty Income in a research report on Wednesday, July 15th. They set an “outperform” rating and a $70.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Realty Income currently has a consensus rating of “Moderate Buy” and a consensus price target of $67.42.

Realty Income Stock Performance

Shares of NYSE O opened at $63.16 on Tuesday. The company’s fifty day moving average price is $63.20 and its 200 day moving average price is $63.19. Realty Income Corporation has a 1 year low of $55.86 and a 1 year high of $67.93. The company has a market capitalization of $59.77 billion, a PE ratio of 46.10, a price-to-earnings-growth ratio of 4.44 and a beta of 0.71. The company has a debt-to-equity ratio of 0.73, a quick ratio of 5.88 and a current ratio of 5.88.

Realty Income (NYSE:O) last released its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $1.09 EPS for the quarter, meeting the consensus estimate of $1.09. Realty Income had a net margin of 20.93% and a return on equity of 3.12%. 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 business earned $1.05 earnings per share. The firm’s revenue was up 9.7% on a year-over-year basis. Realty Income has set its FY 2026 guidance at 4.440-4.450 EPS. On average, research analysts predict that Realty Income Corporation will post 4.43 earnings per share for the current year.

Realty Income Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be given a dividend of $0.271 per share. The ex-dividend date is Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. Realty Income’s dividend payout ratio (DPR) is 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.