Bank of New Hampshire Has $63,000 Stock Holdings in Realty Income Co. (NYSE:O)

Bank of New Hampshire increased its holdings in Realty Income Co. (NYSE:O) by 23.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,100 shares of the real estate investment trust’s stock after purchasing an additional 208 shares during the period. Bank of New Hampshire’s holdings in Realty Income were worth $63,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Baystate Wealth Management LLC increased its holdings in shares of Realty Income by 62.7% during the fourth quarter. Baystate Wealth Management LLC now owns 493 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 190 shares in the last quarter. CVA Family Office LLC acquired a new stake in shares of Realty Income during the fourth quarter worth approximately $29,000. Manchester Capital Management LLC increased its holdings in shares of Realty Income by 423.0% during the third quarter. Manchester Capital Management LLC now owns 523 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 423 shares in the last quarter. FinTrust Capital Advisors LLC increased its holdings in shares of Realty Income by 302.1% during the third quarter. FinTrust Capital Advisors LLC now owns 571 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 429 shares in the last quarter. Finally, Operose Advisors LLC acquired a new stake in shares of Realty Income during the third quarter worth approximately $30,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on O shares. Royal Bank of Canada raised their price target on shares of Realty Income from $58.00 to $60.00 and gave the company an “outperform” rating in a report on Thursday, January 11th. BMO Capital Markets assumed coverage on shares of Realty Income in a research note on Tuesday, February 13th. They issued a “market perform” rating and a $57.00 price objective on the stock. Stifel Nicolaus reduced their price objective on shares of Realty Income from $67.75 to $65.00 and set a “buy” rating on the stock in a research note on Wednesday, February 21st. StockNews.com raised shares of Realty Income from a “sell” rating to a “hold” rating in a research note on Thursday, February 8th. Finally, Mizuho reduced their price objective on shares of Realty Income from $60.00 to $56.00 and set a “buy” rating on the stock in a research note on Thursday, March 7th. Eight research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $60.96.

Realty Income Stock Performance

Shares of NYSE:O traded up $0.13 on Thursday, reaching $53.80. 4,873,891 shares of the company’s stock were exchanged, compared to its average volume of 6,823,825. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $46.33 billion, a price-to-earnings ratio of 42.33, a PEG ratio of 5.54 and a beta of 0.92. The company has a fifty day moving average of $52.59 and a 200-day moving average of $53.45. Realty Income Co. has a twelve month low of $45.03 and a twelve month high of $64.18.

Realty Income (NYSE:O) last posted its quarterly earnings results on Wednesday, February 21st. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.02 by ($0.72). Realty Income had a return on equity of 4.06% and a net margin of 21.39%. The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.02 billion. During the same quarter in the prior year, the business posted $1.00 EPS. The business’s revenue was up 21.1% on a year-over-year basis. On average, research analysts predict that Realty Income Co. will post 4.16 EPS for the current fiscal year.

Realty Income Dividend Announcement

The firm also recently declared a may 24 dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Wednesday, May 1st will be paid a dividend of $0.257 per share. This represents a dividend yield of 5.9%. The ex-dividend date is Tuesday, April 30th. Realty Income’s payout ratio is currently 244.45%.

Insider Buying and Selling

In other Realty Income news, Director A. Larry Chapman sold 5,000 shares of Realty Income stock in a transaction on Tuesday, April 9th. The shares were sold at an average price of $54.23, for a total value of $271,150.00. Following the completion of the sale, the director now directly owns 6,257 shares of the company’s stock, valued at $339,317.11. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.10% of the stock is owned by insiders.

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.