Koshinski Asset Management Inc. Has $311,000 Stake in Realty Income Corporation $O

Koshinski Asset Management Inc. lifted its holdings in shares of Realty Income Corporation (NYSE:O) by 49.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,406 shares of the real estate investment trust’s stock after buying an additional 1,787 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Realty Income were worth $311,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of O. Brighton Jones LLC grew its position in shares of Realty Income by 11.2% during the 4th 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 period. Bison Wealth LLC acquired a new position in shares of Realty Income during the 4th quarter worth about $571,000. GAMMA Investing LLC grew its position in shares of Realty Income by 5.2% during the 1st quarter. GAMMA Investing LLC now owns 12,180 shares of the real estate investment trust’s stock worth $707,000 after buying an additional 601 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of Realty Income by 6.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 268,992 shares of the real estate investment trust’s stock worth $15,604,000 after buying an additional 15,593 shares during the period. Finally, Johnson Investment Counsel Inc. acquired a new position in shares of Realty Income during the 1st quarter worth about $208,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on O shares. Scotiabank boosted their target price on Realty Income from $58.00 to $60.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 28th. UBS Group boosted their target price on Realty Income from $62.00 to $66.00 and gave the stock a “buy” rating in a research report on Friday, August 15th. Wolfe Research lowered Realty Income from an “outperform” rating to a “peer perform” rating in a research report on Monday, July 14th. Barclays boosted their target price on Realty Income from $59.00 to $63.00 and gave the stock an “equal weight” rating in a research report on Monday. Finally, Cantor Fitzgerald started coverage on Realty Income in a research report on Wednesday, October 1st. They issued a “neutral” rating and a $64.00 price objective for the company. Three analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $62.58.

Realty Income Price Performance

Shares of O opened at $60.64 on Tuesday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.85 and a current ratio of 1.85. The stock has a 50 day simple moving average of $59.23 and a 200 day simple moving average of $57.60. Realty Income Corporation has a 52-week low of $50.71 and a 52-week high of $64.88. The firm has a market capitalization of $55.44 billion, a PE ratio of 58.87, a P/E/G ratio of 4.58 and a beta of 0.78.

Realty Income (NYSE:O) last issued its quarterly earnings data on Wednesday, August 6th. The real estate investment trust reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.06 by ($0.01). Realty Income had a net margin of 16.77% and a return on equity of 2.34%. The business had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.33 billion. During the same quarter in the prior year, the firm posted $1.07 earnings per share. Realty Income’s revenue for the quarter was up 5.3% compared to the same quarter last year. Sell-side analysts predict that Realty Income Corporation will post 4.19 EPS for the current fiscal year.

Realty Income Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 31st will be paid a $0.2695 dividend. The ex-dividend date is Friday, October 31st. This represents a c) annualized dividend and a yield of 5.3%. Realty Income’s payout ratio is presently 313.59%.

Insider Buying and Selling

In other Realty Income news, Director Mary Hogan Preusse sold 11,000 shares of the business’s stock in a transaction that occurred on 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 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 legal filing with the SEC, which is accessible through this link. Insiders own 0.10% of the company’s stock.

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.