Toth Financial Advisory Corp raised its position in Realty Income Co. (NYSE:O – Free Report) by 41.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,071 shares of the real estate investment trust’s stock after acquiring an additional 904 shares during the quarter. Toth Financial Advisory Corp’s holdings in Realty Income were worth $164,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of O. Rosenberg Matthew Hamilton raised its holdings in Realty Income by 75.4% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 491 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 211 shares during the period. Creative Capital Management Investments LLC increased its position in Realty Income by 133.3% in the third quarter. Creative Capital Management Investments LLC now owns 525 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 300 shares in the last quarter. ST Germain D J Co. Inc. raised its stake in shares of Realty Income by 306.5% in the fourth quarter. ST Germain D J Co. Inc. now owns 752 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 567 shares during the period. Pacifica Partners Inc. lifted its position in shares of Realty Income by 89.2% during the 3rd quarter. Pacifica Partners Inc. now owns 927 shares of the real estate investment trust’s stock valued at $59,000 after buying an additional 437 shares in the last quarter. Finally, First Horizon Advisors Inc. grew its stake in shares of Realty Income by 313.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 947 shares of the real estate investment trust’s stock valued at $60,000 after acquiring an additional 718 shares during the period. 70.81% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities research analysts have commented on O shares. Barclays initiated coverage on shares of Realty Income in a research note on Tuesday, December 17th. They set an “equal weight” rating and a $59.00 target price on the stock. Stifel Nicolaus decreased their price objective on shares of Realty Income from $70.00 to $66.50 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft started coverage on shares of Realty Income in a report on Wednesday, December 11th. They issued a “hold” rating and a $62.00 target price for the company. Scotiabank decreased their price target on Realty Income from $61.00 to $59.00 and set a “sector perform” rating on the stock in a report on Thursday, January 16th. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $65.00 price objective (up previously from $62.00) on shares of Realty Income in a research note on Tuesday, October 1st. Twelve investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $62.12.
Realty Income Trading Up 0.4 %
Shares of O opened at $54.35 on Friday. The stock has a market capitalization of $47.57 billion, a PE ratio of 51.77, a P/E/G ratio of 1.93 and a beta of 1.00. The company’s fifty day moving average is $54.68 and its 200 day moving average is $58.39. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.40 and a current ratio of 1.40. Realty Income Co. has a fifty-two week low of $50.65 and a fifty-two week high of $64.88.
Realty Income (NYSE:O – Get Free Report) last announced its earnings results on Monday, November 4th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.05 by ($0.75). Realty Income had a net margin of 17.57% and a return on equity of 2.35%. The business had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.26 billion. During the same quarter in the prior year, the company posted $1.02 earnings per share. The firm’s quarterly revenue was up 28.1% compared to the same quarter last year. Sell-side analysts expect that Realty Income Co. will post 4.19 earnings per share for the current fiscal year.
Realty Income Announces Dividend
The business also recently declared a feb 25 dividend, which will be paid on Friday, February 14th. Investors of record on Monday, February 3rd will be given a $0.264 dividend. The ex-dividend date is Monday, February 3rd. This represents a yield of 5.9%. Realty Income’s dividend payout ratio is presently 301.91%.
Realty Income 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.
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