ABN Amro Investment Solutions Has $61.65 Million Holdings in Realty Income Corporation $O

ABN Amro Investment Solutions cut its holdings in shares of Realty Income Corporation (NYSE:O) by 9.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,093,663 shares of the real estate investment trust’s stock after selling 109,605 shares during the quarter. Realty Income accounts for about 0.9% of ABN Amro Investment Solutions’ portfolio, making the stock its 25th biggest holding. ABN Amro Investment Solutions’ holdings in Realty Income were worth $61,650,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of O. Brighton Jones LLC lifted its holdings in shares of Realty Income by 11.2% during the fourth quarter. Brighton Jones LLC now owns 6,101 shares of the real estate investment trust’s stock worth $326,000 after buying an additional 615 shares during the last quarter. Bison Wealth LLC bought a new stake in shares of Realty Income during the fourth quarter valued at approximately $571,000. Empowered Funds LLC increased its position in shares of Realty Income by 8.0% during the first quarter. Empowered Funds LLC now owns 18,029 shares of the real estate investment trust’s stock valued at $1,041,000 after purchasing an additional 1,330 shares during the period. Woodline Partners LP increased its position in shares of Realty Income by 41.3% during the first quarter. Woodline Partners LP now owns 73,942 shares of the real estate investment trust’s stock valued at $4,289,000 after purchasing an additional 21,603 shares during the period. Finally, Intech Investment Management LLC increased its position in shares of Realty Income by 14.9% during the first quarter. Intech Investment Management LLC now owns 25,401 shares of the real estate investment trust’s stock valued at $1,474,000 after purchasing an additional 3,290 shares during the period. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Realty Income news, insider Michelle Bushore sold 7,400 shares of the company’s 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 directly owned 67,641 shares in the company, valued at $4,222,151.22. This represents a 9.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.10% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Morgan Stanley set a $67.00 price objective on Realty Income in a research report on Monday, April 27th. Loop Capital set a $69.00 price objective on Realty Income in a research report on Monday, March 2nd. UBS Group boosted their price objective on Realty Income from $66.00 to $72.00 and gave the company a “buy” rating in a research report on Monday, March 9th. Weiss Ratings restated a “hold (c+)” rating on shares of Realty Income in a research report on Friday, April 10th. Finally, Mizuho lowered their price objective on Realty Income from $68.00 to $66.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $67.35.

Realty Income Stock Performance

Shares of NYSE:O opened at $62.21 on Thursday. The business’s fifty day moving average price is $62.81 and its two-hundred day moving average price is $60.94. Realty Income Corporation has a fifty-two week low of $54.64 and a fifty-two week high of $67.93. The stock has a market capitalization of $58.01 billion, a price-to-earnings ratio of 50.99, a price-to-earnings-growth ratio of 4.84 and a beta of 0.75. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.56 and a quick ratio of 1.56.

Realty Income (NYSE:O) last announced its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $1.13 earnings per share for the quarter, beating 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 analysts’ expectations of $1.39 billion. During the same period in the prior year, the business posted $1.06 earnings per share. The business’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. As a group, analysts predict that Realty Income Corporation will post 4.45 EPS for the current fiscal year.

Realty Income Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be given a $0.2705 dividend. This represents a c) dividend on an annualized basis and a yield of 5.2%. The ex-dividend date is Friday, May 29th. Realty Income’s dividend payout ratio is 266.39%.

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.