OneDigital Investment Advisors LLC Has $892,000 Stock Holdings in Realty Income Co. (NYSE:O)

OneDigital Investment Advisors LLC raised its holdings in Realty Income Co. (NYSE:O) by 36.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 14,064 shares of the real estate investment trust’s stock after buying an additional 3,720 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Realty Income were worth $892,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. ZWJ Investment Counsel Inc. raised its holdings in Realty Income by 0.6% in the 3rd quarter. ZWJ Investment Counsel Inc. now owns 29,279 shares of the real estate investment trust’s stock valued at $1,857,000 after acquiring an additional 164 shares in the last quarter. Whittier Trust Co. raised its stake in shares of Realty Income by 4.5% in the third quarter. Whittier Trust Co. now owns 3,871 shares of the real estate investment trust’s stock valued at $245,000 after purchasing an additional 166 shares in the last quarter. Greenleaf Trust lifted its position in Realty Income by 1.0% in the third quarter. Greenleaf Trust now owns 16,911 shares of the real estate investment trust’s stock worth $1,072,000 after purchasing an additional 170 shares during the period. Grove Bank & Trust boosted its stake in Realty Income by 14.3% during the third quarter. Grove Bank & Trust now owns 1,409 shares of the real estate investment trust’s stock worth $89,000 after buying an additional 176 shares in the last quarter. Finally, Buckley Wealth Management LLC increased its holdings in Realty Income by 1.9% in the 3rd quarter. Buckley Wealth Management LLC now owns 9,450 shares of the real estate investment trust’s stock valued at $599,000 after buying an additional 176 shares during the period. 70.81% of the stock is owned by institutional investors.

Insider Activity at Realty Income

In related news, Director Mary Hogan Preusse sold 1,712 shares of the firm’s stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $62.58, for a total transaction of $107,136.96. Following the sale, the director now owns 26,579 shares of the company’s stock, valued at approximately $1,663,313.82. This trade represents a 6.05 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director A. Larry Chapman sold 5,000 shares of the business’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $60.77, for a total value of $303,850.00. Following the completion of the transaction, the director now directly owns 5,257 shares of the company’s stock, valued at approximately $319,467.89. The trade was a 48.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.10% of the stock is currently owned by corporate insiders.

Realty Income Stock Performance

Shares of NYSE:O opened at $57.18 on Wednesday. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.68. Realty Income Co. has a 1-year low of $50.65 and a 1-year high of $64.88. The stock has a market capitalization of $50.04 billion, a P/E ratio of 54.46, a P/E/G ratio of 3.98 and a beta of 0.99. The business has a 50-day moving average price of $61.08 and a two-hundred day moving average price of $58.06.

Realty Income (NYSE:O) last posted its quarterly earnings results on Monday, November 4th. The real estate investment trust reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.75). Realty Income had a return on equity of 2.35% and a net margin of 17.57%. The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.26 billion. During the same period last year, the firm earned $1.02 earnings per share. The company’s quarterly revenue was up 28.1% on a year-over-year basis. Equities analysts predict that Realty Income Co. will post 4.19 earnings per share for the current year.

Realty Income Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, December 13th. Investors of record on Monday, December 2nd will be paid a dividend of $0.2635 per share. The ex-dividend date of this dividend is Monday, December 2nd. This is a boost from Realty Income’s previous monthly dividend of $0.24. This represents a $3.16 dividend on an annualized basis and a dividend yield of 5.53%. Realty Income’s payout ratio is 300.96%.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on O. Robert W. Baird upped their target price on shares of Realty Income from $57.00 to $58.00 and gave the company a “neutral” rating in a research note on Tuesday, August 6th. Wells Fargo & Company reissued an “equal weight” rating and issued a $65.00 target price (up from $62.00) on shares of Realty Income in a report on Tuesday, October 1st. Stifel Nicolaus decreased their price target on Realty Income from $70.50 to $70.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Morgan Stanley reissued an “equal weight” rating and set a $62.00 price objective on shares of Realty Income in a report on Tuesday, August 6th. Finally, Royal Bank of Canada reduced their target price on shares of Realty Income from $67.00 to $63.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 6th. Ten research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Realty Income presently has an average rating of “Hold” and an average price target of $63.85.

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.