Panoramic Investment Advisors LLC Has $325,000 Stock Position in Realty Income Co. (NYSE:O)

Panoramic Investment Advisors LLC lessened its holdings in shares of Realty Income Co. (NYSE:O) by 9.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,080 shares of the real estate investment trust’s stock after selling 612 shares during the quarter. Panoramic Investment Advisors LLC’s holdings in Realty Income were worth $325,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently 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 valued at $31,000 after acquiring an additional 211 shares during the period. Creative Capital Management Investments LLC grew its position in shares of 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 valued at $33,000 after purchasing an additional 300 shares during the last quarter. ST Germain D J Co. Inc. increased its stake in shares of Realty Income by 306.5% during 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 purchasing an additional 567 shares during the period. Luken Investment Analytics LLC acquired a new stake in Realty Income during the 4th quarter worth approximately $40,000. Finally, Independence Bank of Kentucky boosted its stake in Realty Income by 54.5% in the 4th quarter. Independence Bank of Kentucky now owns 850 shares of the real estate investment trust’s stock valued at $45,000 after purchasing an additional 300 shares during the period. Institutional investors own 70.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Mizuho dropped their target price on Realty Income from $60.00 to $54.00 and set a “neutral” rating for the company in a report on Wednesday, January 8th. Scotiabank cut their price objective on shares of Realty Income from $61.00 to $59.00 and set a “sector perform” rating for the company in a report on Thursday, January 16th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $62.00 target price on shares of Realty Income in a report on Monday, January 27th. Deutsche Bank Aktiengesellschaft started coverage on Realty Income in a research note on Wednesday, December 11th. They issued a “hold” rating and a $62.00 price target for the company. Finally, Stifel Nicolaus dropped their price objective on Realty Income from $70.00 to $66.50 and set a “buy” rating for the company in a report on Wednesday, January 8th. Twelve research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $62.04.

Realty Income Stock Up 0.6 %

Shares of NYSE:O opened at $54.64 on Monday. Realty Income Co. has a 52-week low of $50.65 and a 52-week high of $64.88. The company has a market capitalization of $47.82 billion, a PE ratio of 52.04, a price-to-earnings-growth ratio of 1.96 and a beta of 1.00. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.40 and a current ratio of 1.40. The company has a fifty day moving average of $54.45 and a 200-day moving average of $58.41.

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

Realty Income Dividend Announcement

The firm also recently announced a feb 25 dividend, which will be paid on Friday, February 14th. Investors of record on Monday, February 3rd will be given a dividend of $0.264 per share. The ex-dividend date of this dividend is Monday, February 3rd. This represents a yield of 5.9%. Realty Income’s dividend payout ratio is presently 301.91%.

Realty Income Company 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.