Capital Advisors Ltd. LLC Grows Stock Holdings in Realty Income Co. (NYSE:O)

Capital Advisors Ltd. LLC grew its stake in shares of Realty Income Co. (NYSE:O) by 446.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 989 shares of the real estate investment trust’s stock after acquiring an additional 808 shares during the period. Capital Advisors Ltd. LLC’s holdings in Realty Income were worth $63,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. TCV Trust & Wealth Management Inc. boosted its position in shares of Realty Income by 0.5% in the third quarter. TCV Trust & Wealth Management Inc. now owns 104,649 shares of the real estate investment trust’s stock valued at $6,637,000 after acquiring an additional 497 shares during the period. DekaBank Deutsche Girozentrale boosted its stake in Realty Income by 5.1% during the third quarter. DekaBank Deutsche Girozentrale now owns 513,413 shares of the real estate investment trust’s stock valued at $32,042,000 after buying an additional 25,085 shares during the period. First Bank & Trust grew its position in Realty Income by 11.1% during the third quarter. First Bank & Trust now owns 33,507 shares of the real estate investment trust’s stock worth $2,125,000 after buying an additional 3,345 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Realty Income by 7.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 149,273 shares of the real estate investment trust’s stock worth $9,467,000 after acquiring an additional 10,287 shares during the last quarter. Finally, Consolidated Portfolio Review Corp raised its holdings in shares of Realty Income by 4.8% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 12,640 shares of the real estate investment trust’s stock valued at $802,000 after acquiring an additional 582 shares in the last quarter. 70.81% of the stock is owned by institutional investors.

Analysts Set New Price Targets

O has been the subject of several recent analyst reports. Stifel Nicolaus boosted their price objective on Realty Income from $67.50 to $70.25 and gave the stock a “buy” rating in a report on Wednesday, August 28th. Royal Bank of Canada increased their price target on shares of Realty Income from $58.00 to $64.00 and gave the stock an “outperform” rating in a report on Wednesday, August 7th. Morgan Stanley restated an “equal weight” rating and set a $62.00 price objective on shares of Realty Income in a research report on Tuesday, August 6th. JPMorgan Chase & Co. upped their target price on shares of Realty Income from $60.00 to $67.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 3rd. Finally, Wells Fargo & Company restated an “equal weight” rating and set a $65.00 price target (up previously from $62.00) on shares of Realty Income in a research report on Tuesday, October 1st. Nine equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $63.94.

Realty Income Trading Down 3.2 %

Shares of O stock opened at $61.31 on Monday. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.39 and a quick ratio of 1.39. The business has a 50-day moving average of $62.35 and a 200 day moving average of $57.47. The stock has a market capitalization of $53.39 billion, a PE ratio of 56.77, a P/E/G ratio of 4.43 and a beta of 0.99. Realty Income Co. has a 1-year low of $45.03 and a 1-year high of $64.88.

Realty Income (NYSE:O) last issued its earnings results on Monday, August 5th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.07). Realty Income had a return on equity of 2.36% and a net margin of 17.89%. The firm had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the prior year, the business posted $1.00 EPS. The firm’s revenue for the quarter was up 31.4% on a year-over-year basis. As a group, sell-side analysts anticipate that Realty Income Co. will post 4.2 earnings per share for the current year.

Realty Income Dividend Announcement

The company also recently announced a nov 24 dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 1st will be issued a dividend of $0.2635 per share. The ex-dividend date of this dividend is Friday, November 1st. This represents a dividend yield of 5.1%. Realty Income’s dividend payout ratio is currently 292.59%.

Insider Buying and Selling

In other news, Director Mary Hogan Preusse sold 1,712 shares of Realty Income stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $62.58, for a total value of $107,136.96. Following the sale, the director now directly owns 26,579 shares in the company, valued at approximately $1,663,313.82. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Mary Hogan Preusse sold 1,712 shares of the firm’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $62.58, for a total value of $107,136.96. Following the completion of the sale, the director now directly owns 26,579 shares of the company’s stock, valued at approximately $1,663,313.82. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director A. Larry Chapman sold 5,000 shares of Realty Income stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $60.77, for a total transaction of $303,850.00. Following the sale, the director now directly owns 5,257 shares in the company, valued at $319,467.89. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 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.