Inspire Advisors LLC Increases Holdings in Realty Income Corporation $O

Inspire Advisors LLC boosted its position in Realty Income Corporation (NYSE:O) by 78.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,840 shares of the real estate investment trust’s stock after buying an additional 7,417 shares during the period. Inspire Advisors LLC’s holdings in Realty Income were worth $970,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in Realty Income by 2.5% in the second quarter. Vanguard Group Inc. now owns 146,136,211 shares of the real estate investment trust’s stock valued at $8,418,907,000 after purchasing an additional 3,624,852 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Realty Income by 8.3% in the 2nd quarter. Geode Capital Management LLC now owns 26,979,134 shares of the real estate investment trust’s stock valued at $1,548,687,000 after buying an additional 2,058,031 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Realty Income by 3.9% in the first quarter. Dimensional Fund Advisors LP now owns 12,108,561 shares of the real estate investment trust’s stock worth $702,381,000 after buying an additional 451,307 shares during the last quarter. Invesco Ltd. boosted its stake in shares of Realty Income by 0.4% in the first quarter. Invesco Ltd. now owns 11,421,973 shares of the real estate investment trust’s stock worth $662,589,000 after buying an additional 48,024 shares during the last quarter. Finally, Raymond James Financial Inc. grew its holdings in Realty Income by 9.6% during the first quarter. Raymond James Financial Inc. now owns 11,356,883 shares of the real estate investment trust’s stock worth $658,813,000 after acquiring an additional 992,303 shares during the period. 70.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on O shares. Royal Bank Of Canada boosted their price target on Realty Income from $60.00 to $61.00 and gave the company an “outperform” rating in a report on Tuesday, November 4th. Barclays increased their price target on shares of Realty Income from $59.00 to $63.00 and gave the stock an “equal weight” rating in a report on Monday, October 20th. Weiss Ratings restated a “hold (c+)” rating on shares of Realty Income in a research report on Thursday, November 13th. Wall Street Zen upgraded shares of Realty Income from a “strong sell” rating to a “hold” rating in a research report on Monday, November 10th. Finally, Cantor Fitzgerald dropped their target price on Realty Income from $64.00 to $60.00 and set a “neutral” rating on the stock in a research report on Thursday, November 6th. Three research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $62.33.

Insider Transactions at Realty Income

In related news, Director Mary Hogan Preusse sold 11,000 shares of Realty Income stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $60.43, for a total value of $664,730.00. Following the sale, the director directly owned 19,211 shares in the company, valued at approximately $1,160,920.73. The trade was a 36.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.10% of the company’s stock.

Realty Income Price Performance

Realty Income stock opened at $57.35 on Wednesday. The stock has a market capitalization of $52.76 billion, a P/E ratio of 55.68, a P/E/G ratio of 4.46 and a beta of 0.77. The company’s fifty day moving average price is $58.96 and its 200 day moving average price is $57.86. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.85 and a current ratio of 1.85. Realty Income Corporation has a 1 year low of $50.71 and a 1 year high of $61.08.

Realty Income (NYSE:O) last posted its quarterly earnings data on Monday, November 3rd. The real estate investment trust reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.07 by $0.01. Realty Income had a net margin of 16.77% and a return on equity of 2.34%. The company had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.35 billion. During the same period in the prior year, the business posted $1.05 earnings per share. The firm’s revenue for the quarter was up 10.5% on a year-over-year basis. Realty Income has set its FY 2025 guidance at 4.250-4.270 EPS. As a group, equities research analysts anticipate that Realty Income Corporation will post 4.19 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, December 15th. Investors of record on Friday, November 28th will be paid a $0.2695 dividend. The ex-dividend date of this dividend is Friday, November 28th. This represents a c) dividend on an annualized basis and a yield of 5.6%. Realty Income’s dividend payout ratio (DPR) is currently 299.07%.

Realty Income Company Profile

Realty Income, The Monthly Dividend Company, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index. We invest in people and places to deliver dependable monthly dividends that increase over time. The company is structured as a real estate investment trust (“REIT”), and its monthly dividends are supported by the cash flow from over 15,450 real estate properties (including properties acquired in the Spirit merger in January 2024) primarily owned under long-term net lease agreements with commercial clients.