<div id="readability-page-1"><p>Allstate Corp boosted its stake in shares of  Realty Income Corporation (NYSE:O - Free Report) by 14.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 64,752 shares of the real estate investment trust's stock after buying an additional 7,945 shares during the period. Allstate Corp's holdings in Realty Income were worth $3,756,000 at the end of the most recent reporting period.</p><ul><li>3 Reasons Salesforce Is a Bargain Right Now</li></ul><p>Several other large investors have also made changes to their positions in the company. Keystone Global Partners LLC bought a new stake in shares of  Realty Income in the first quarter valued at approximately $26,000.  PSI Advisors LLC boosted its holdings in  Realty Income by 78.3% in the first quarter. PSI Advisors LLC now owns 574 shares of the real estate investment trust's stock valued at $33,000 after acquiring an additional 252 shares during the last quarter.  Fourth Dimension Wealth LLC bought a new position in  Realty Income in the fourth quarter valued at about $34,000.  FSC Wealth Advisors LLC boosted its holdings in  Realty Income by 288.0% during the first quarter. FSC Wealth Advisors LLC now owns 613 shares of the real estate investment trust's stock worth $36,000 after buying an additional 455 shares during the last quarter.  Finally, Orion Capital Management LLC acquired a new stake in shares of  Realty Income during the fourth quarter worth about $37,000. Institutional investors own  70.81% of the company's stock. </p><div><p><span></span><span>Get <strong>Realty Income</strong> alerts:</span></p></div><h2>Realty Income Trading Down 0.6%</h2><p>NYSE O opened at $59.5650 on Friday. The business has a 50 day simple moving average of $57.52 and a 200 day simple moving average of $56.66. Realty Income Corporation has a one year low of $50.71 and a one year high of $64.88. The stock has a market capitalization of $54.46 billion, a P/E ratio of 57.83, a P/E/G ratio of 4.58 and a beta of 0.76. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.85 and a quick ratio of 1.85. </p><ul><li>Who Won and Who Lost in Nuclear Energy’s Q2 Earnings</li></ul><p>Realty Income (NYSE:O - Get Free Report) last announced its quarterly earnings data on Wednesday, August 6th. The real estate investment trust reported $1.05 EPS for the quarter, missing analysts' consensus estimates of $1.06 by ($0.01). Realty Income had a net margin of 16.77% and a return on equity of 2.34%. The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.33 billion. During the same period last year, the business posted $1.07 EPS. The company's revenue was up 5.3% on a year-over-year basis.  Research analysts expect that  Realty Income Corporation will post 4.19 earnings per share for the current year. </p><h2>Realty Income Increases Dividend</h2><p>The firm also recently declared a monthly dividend, which will be paid on Monday, September 15th. Investors of record on Tuesday, September 2nd will be issued a dividend of $0.269 per share. This represents a c) dividend on an annualized basis and a yield of 5.4%. This is an increase from Realty Income's previous monthly dividend of $0.26. The ex-dividend date is Tuesday, September 2nd. Realty Income's dividend payout ratio  is 312.62%. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>4 Stocks Every AI ETF Is Buying—And They’re Not What You Think</li></ul><p>A number of equities research analysts recently issued reports on O shares. Barclays lifted their target price on Realty Income from $58.00 to $59.00 and gave the company an &#34;equal weight&#34; rating in a research report on Wednesday. Wolfe Research downgraded Realty Income from an &#34;outperform&#34; rating to a &#34;peer perform&#34; rating in a research note on Monday, July 14th. JPMorgan Chase &amp; Co. reduced their price target on Realty Income from $64.00 to $61.00 and set a &#34;neutral&#34; rating for the company in a research note on Monday, May 5th. UBS Group lifted their price objective on Realty Income from $62.00 to $66.00 and gave the company a &#34;buy&#34; rating in a report on Friday, August 15th. Finally, Wedbush  reaffirmed a &#34;neutral&#34; rating and issued a $61.00 price objective on shares of Realty Income in a report on Wednesday, May 7th. Three research analysts have rated the stock with a Buy rating and nine have assigned  a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of &#34;Hold&#34; and an average target price of $61.82.</p><p><b>View Our Latest Analysis on Realty Income</b></p><h2>Realty Income Profile</h2> (Free Report)<p>Realty Income, The Monthly Dividend Company, is an S&amp;P 500 company and member of the S&amp;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 (&#34;REIT&#34;), 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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Realty Income</li><li>Buy P&amp;G Now, Before It Sets A New All-Time High</li><li>Can Identity Security Fuel CrowdStrike’s Next Growth Phase?</li><li>EV Stocks and How to Profit from Them </li><li>Broadcom Named in Apple’s $100B U.S. Investment Plan</li><li>P/E Ratio Calculation: How to Assess Stocks</li><li>3 Reasons Salesforce Is a Bargain Right Now</li></ul><p><strong>Want to see what other hedge funds are holding O?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Realty Income Corporation (NYSE:O - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU8?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU8"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Realty Income Right Now?</h2><p>Before you consider Realty Income, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Realty Income wasn't on the list.</p><p>While Realty Income currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Allstate Corp increased its stake in Realty Income Corporation (NYSE:O) by 14% in Q1, owning 64,752 shares valued at $3.76 million. Other investors also adjusted their positions, with institutional ownership at 70.81%. Realty Income's stock opened at $59.57, with a market cap of $54.46 billion. The company reported Q2 earnings of $1.05 EPS, slightly missing estimates, and announced a dividend increase to $0.269 per share. Analysts have mixed ratings, with a consensus rating of "Hold" and an average target price of $61.82.</p>

Realty Income Corporation $O Stake Raised by Allstate Corp