Atomi Financial Group Inc. Trims Holdings in Realty Income Co. (NYSE:O)

Atomi Financial Group Inc. reduced its holdings in Realty Income Co. (NYSE:O) by 14.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,363 shares of the real estate investment trust’s stock after selling 873 shares during the quarter. Atomi Financial Group Inc.’s holdings in Realty Income were worth $286,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in O. Trust Co. of Vermont grew its position in Realty Income by 12.7% during the 4th quarter. Trust Co. of Vermont now owns 253,503 shares of the real estate investment trust’s stock worth $13,540,000 after acquiring an additional 28,480 shares during the last quarter. Atlanta Consulting Group Advisors LLC purchased a new stake in Realty Income during the 3rd quarter valued at $896,000. Code Waechter LLC purchased a new position in Realty Income in the 3rd quarter worth about $1,308,000. Charles Schwab Investment Management Inc. boosted its holdings in Realty Income by 5.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 9,729,229 shares of the real estate investment trust’s stock worth $617,028,000 after purchasing an additional 463,286 shares during the last quarter. Finally, Swiss National Bank lifted its holdings in Realty Income by 1.4% in the third quarter. Swiss National Bank now owns 2,584,694 shares of the real estate investment trust’s stock valued at $163,921,000 after acquiring an additional 35,100 shares during the period. Institutional investors own 70.81% of the company’s stock.

Realty Income Stock Up 0.4 %

NYSE:O opened at $54.35 on Monday. The company has a market cap of $47.57 billion, a PE ratio of 51.77, a P/E/G ratio of 1.93 and a beta of 1.00. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.68. The company’s 50 day moving average is $54.68 and its two-hundred day moving average is $58.43. Realty Income Co. has a twelve month low of $50.65 and a twelve month high of $64.88.

Realty Income (NYSE:O) last posted its quarterly earnings results on Monday, November 4th. The real estate investment trust reported $0.30 EPS for the quarter, missing the consensus estimate of $1.05 by ($0.75). Realty Income had a net margin of 17.57% and a return on equity of 2.35%. The business had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.26 billion. During the same period in the previous year, the company posted $1.02 earnings per share. Realty Income’s revenue for the quarter was up 28.1% compared to the same quarter last year. Analysts anticipate that Realty Income Co. will post 4.19 EPS for the current year.

Realty Income Dividend Announcement

The firm also recently announced a feb 25 dividend, which will be paid on Friday, February 14th. Stockholders 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 dividend yield of 5.9%. Realty Income’s dividend payout ratio (DPR) is 301.91%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on O shares. Barclays began coverage on Realty Income in a report on Tuesday, December 17th. They issued an “equal weight” rating and a $59.00 target price on the stock. UBS Group dropped their price objective on shares of Realty Income from $72.00 to $71.00 and set a “buy” rating for the company in a research note on Thursday, November 14th. Scotiabank dropped their price target on shares of 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. Mizuho lowered their target price on shares of Realty Income from $60.00 to $54.00 and set a “neutral” rating for the company in a research note on Wednesday, January 8th. Finally, Royal Bank of Canada lowered their price target on Realty Income from $67.00 to $63.00 and set an “outperform” rating for the company in a report on Wednesday, November 6th. Twelve equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Realty Income has a consensus rating of “Hold” and an average target price of $62.12.

About Realty Income

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.