Realty Income Co. (NYSE:O) Shares Purchased by Integrated Advisors Network LLC

Integrated Advisors Network LLC lifted its position in Realty Income Co. (NYSE:O) by 7.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,827 shares of the real estate investment trust’s stock after acquiring an additional 315 shares during the period. Integrated Advisors Network LLC’s holdings in Realty Income were worth $277,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Baystate Wealth Management LLC boosted its holdings in Realty Income by 62.7% in the fourth quarter. Baystate Wealth Management LLC now owns 493 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 190 shares during the last quarter. Peapack Gladstone Financial Corp boosted its holdings in Realty Income by 0.3% in the fourth quarter. Peapack Gladstone Financial Corp now owns 66,389 shares of the real estate investment trust’s stock valued at $3,812,000 after purchasing an additional 204 shares during the last quarter. 1832 Asset Management L.P. boosted its holdings in Realty Income by 0.6% in the fourth quarter. 1832 Asset Management L.P. now owns 36,299 shares of the real estate investment trust’s stock valued at $2,084,000 after purchasing an additional 207 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in Realty Income by 24.9% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,043 shares of the real estate investment trust’s stock valued at $61,000 after purchasing an additional 208 shares during the last quarter. Finally, Bank of New Hampshire boosted its stake in shares of Realty Income by 23.3% during the 4th quarter. Bank of New Hampshire now owns 1,100 shares of the real estate investment trust’s stock worth $63,000 after acquiring an additional 208 shares in the last quarter. 70.81% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Realty Income

In other news, Director A. Larry Chapman sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 9th. The shares were sold at an average price of $54.23, for a total transaction of $271,150.00. Following the completion of the sale, the director now owns 6,257 shares in the company, valued at approximately $339,317.11. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.10% of the company’s stock.

Realty Income Stock Up 0.1 %

O stock opened at $53.10 on Wednesday. The company has a market cap of $46.24 billion, a price-to-earnings ratio of 49.17, a PEG ratio of 4.67 and a beta of 0.94. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.65. Realty Income Co. has a 12 month low of $45.03 and a 12 month high of $64.18. The firm has a 50-day moving average of $53.46 and a two-hundred day moving average of $54.21.

Realty Income (NYSE:O) last released its quarterly earnings data on Monday, May 6th. The real estate investment trust reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.87). The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.15 billion. Realty Income had a net margin of 17.74% and a return on equity of 3.26%. The firm’s revenue was up 33.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.98 EPS. As a group, analysts forecast that Realty Income Co. will post 4.18 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The company also recently declared a jul 24 dividend, which will be paid on Monday, July 15th. Stockholders of record on Monday, July 1st will be issued a dividend of $0.263 per share. The ex-dividend date of this dividend is Monday, July 1st. This represents a dividend yield of 6%. This is an increase from Realty Income’s previous jul 24 dividend of $0.26. Realty Income’s dividend payout ratio (DPR) is currently 291.67%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on O shares. UBS Group lowered their target price on shares of Realty Income from $67.00 to $61.00 and set a “buy” rating on the stock in a research note on Friday, May 31st. Scotiabank increased their target price on shares of Realty Income from $54.00 to $56.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 16th. Mizuho increased their target price on shares of Realty Income from $56.00 to $59.00 and gave the stock a “buy” rating in a research note on Friday, May 10th. Stifel Nicolaus lowered their target price 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. Finally, KeyCorp started coverage on shares of Realty Income in a research note on Wednesday, June 12th. They issued a “sector weight” rating on the stock. Nine analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $61.35.

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.