Realty Income Co. (NYSE:O) Stock Holdings Increased by Signaturefd LLC

Signaturefd LLC raised its holdings in shares of Realty Income Co. (NYSE:O) by 3.9% during the 4th quarter, Holdings Channel reports. The fund owned 27,620 shares of the real estate investment trust’s stock after purchasing an additional 1,042 shares during the period. Signaturefd LLC’s holdings in Realty Income were worth $1,475,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. OneDigital Investment Advisors LLC raised its stake in shares of Realty Income by 36.0% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 14,064 shares of the real estate investment trust’s stock worth $892,000 after buying an additional 3,720 shares in the last quarter. Empowered Funds LLC raised its position in shares of Realty Income by 2.9% during the third quarter. Empowered Funds LLC now owns 15,101 shares of the real estate investment trust’s stock worth $954,000 after purchasing an additional 428 shares during the period. Natixis Advisors LLC raised its position in shares of Realty Income by 6.5% during the third quarter. Natixis Advisors LLC now owns 302,343 shares of the real estate investment trust’s stock worth $19,175,000 after purchasing an additional 18,409 shares during the period. Windle Wealth LLC raised its position in shares of Realty Income by 1.2% during the third quarter. Windle Wealth LLC now owns 116,466 shares of the real estate investment trust’s stock worth $7,386,000 after purchasing an additional 1,326 shares during the period. Finally, Pathstone Holdings LLC raised its position in shares of Realty Income by 14.0% during the third quarter. Pathstone Holdings LLC now owns 76,316 shares of the real estate investment trust’s stock worth $4,840,000 after purchasing an additional 9,358 shares during the period. Institutional investors own 70.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on O shares. Barclays lifted their price target on Realty Income from $56.00 to $59.00 and gave the company an “equal weight” rating in a report on Tuesday, March 4th. Scotiabank reduced their price target on Realty Income from $59.00 to $57.00 and set a “sector perform” rating for the company in a research report on Friday, February 28th. Mizuho reduced their price target on Realty Income from $60.00 to $54.00 and set a “neutral” rating for the company in a research report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft initiated coverage on Realty Income in a research report on Wednesday, December 11th. They set a “hold” rating and a $62.00 price objective for the company. Finally, BNP Paribas cut Realty Income from an “outperform” rating to a “neutral” rating and set a $61.00 price target for the company. in a report on Tuesday, February 25th. Eleven research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $62.04.

Realty Income Stock Down 0.0 %

Shares of NYSE O opened at $56.96 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. The company has a market cap of $50.78 billion, a price-to-earnings ratio of 54.24, a PEG ratio of 2.10 and a beta of 1.00. Realty Income Co. has a 12 month low of $50.65 and a 12 month high of $64.88. The stock has a 50-day moving average price of $55.28 and a two-hundred day moving average price of $57.60.

Realty Income (NYSE:O) last released its quarterly earnings results on Monday, February 24th. The real estate investment trust reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.06 by ($0.01). The firm had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.28 billion. Realty Income had a return on equity of 2.35% and a net margin of 17.57%. As a group, analysts forecast that Realty Income Co. will post 4.19 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The business also recently announced a apr 25 dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be issued a $0.2685 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This is a boost from Realty Income’s previous apr 25 dividend of $0.27. This represents a yield of 5.7%. Realty Income’s dividend payout ratio is presently 328.57%.

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.