Realty Income Co. (NYSE:O) Shares Bought by Money Concepts Capital Corp

Money Concepts Capital Corp lifted its holdings in shares of Realty Income Co. (NYSE:O) by 6.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,733 shares of the real estate investment trust’s stock after buying an additional 840 shares during the period. Money Concepts Capital Corp’s holdings in Realty Income were worth $787,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Realty Income by 765.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,545,815 shares of the real estate investment trust’s stock valued at $478,556,000 after purchasing an additional 6,673,617 shares during the last quarter. Raymond James & Associates lifted its holdings in shares of Realty Income by 92.4% during the third quarter. Raymond James & Associates now owns 6,479,542 shares of the real estate investment trust’s stock worth $410,932,000 after purchasing an additional 3,112,560 shares during the period. Janus Henderson Group PLC grew its position in Realty Income by 3,150.5% in the 3rd quarter. Janus Henderson Group PLC now owns 2,760,182 shares of the real estate investment trust’s stock valued at $175,142,000 after buying an additional 2,675,266 shares during the last quarter. Parnassus Investments LLC increased its stake in Realty Income by 7.4% in the 3rd quarter. Parnassus Investments LLC now owns 24,448,225 shares of the real estate investment trust’s stock valued at $1,550,506,000 after buying an additional 1,676,293 shares during the period. Finally, Bank of Montreal Can increased its stake in Realty Income by 102.1% in the 3rd quarter. Bank of Montreal Can now owns 2,191,962 shares of the real estate investment trust’s stock valued at $137,502,000 after buying an additional 1,107,493 shares during the period. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Realty Income Trading Up 0.8 %

NYSE:O opened at $54.47 on Thursday. Realty Income Co. has a 52-week low of $50.65 and a 52-week high of $64.88. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.68. The stock has a fifty day simple moving average of $54.31 and a 200-day simple moving average of $58.37. The company has a market capitalization of $47.67 billion, a PE ratio of 51.87, a price-to-earnings-growth ratio of 1.96 and a beta of 1.00.

Realty Income (NYSE:O) last announced 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 business had revenue of $1.33 billion for 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%. The business’s revenue was up 28.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.02 EPS. On average, equities research analysts expect that Realty Income Co. will post 4.19 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. UBS Group lowered their target price on shares of Realty Income from $72.00 to $71.00 and set a “buy” rating on the stock in a report on Thursday, November 14th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $62.00 price objective on shares of Realty Income in a report on Monday, January 27th. Scotiabank cut their target price on Realty Income from $61.00 to $59.00 and set a “sector perform” rating for the company in a research note on Thursday, January 16th. Stifel Nicolaus reduced their price target on Realty Income from $70.00 to $66.50 and set a “buy” rating for the company in a report on Wednesday, January 8th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Realty Income in a report on Wednesday, December 11th. They set a “hold” rating and a $62.00 price objective on the stock. Twelve investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $61.81.

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.