20,729 Shares in Realty Income Co. (NYSE:O) Bought by MSH Capital Advisors LLC

MSH Capital Advisors LLC acquired a new stake in shares of Realty Income Co. (NYSE:O - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,729 shares of the real estate investment trust's stock, valued at approximately $1,107,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in O. Lee Danner & Bass Inc. bought a new position in Realty Income in the 4th quarter worth $28,000. Hopwood Financial Services Inc. purchased a new position in shares of Realty Income during the 4th quarter valued at about $29,000. Sierra Ocean LLC bought a new position in shares of Realty Income during the 4th quarter valued at approximately $32,000. Millstone Evans Group LLC purchased a new stake in Realty Income in the 4th quarter worth approximately $34,000. Finally, BankPlus Trust Department bought a new stake in Realty Income during the 4th quarter worth approximately $37,000. Hedge funds and other institutional investors own 70.81% of the company's stock.

Realty Income Trading Up 1.8 %

Shares of NYSE:O traded up $1.01 during trading on Friday, reaching $58.27. The company's stock had a trading volume of 5,105,969 shares, compared to its average volume of 5,277,238. Realty Income Co. has a 12 month low of $50.71 and a 12 month high of $64.88. 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 firm's 50 day simple moving average is $56.19 and its two-hundred day simple moving average is $56.56. The stock has a market capitalization of $51.96 billion, a PE ratio of 55.49, a price-to-earnings-growth ratio of 2.10 and a beta of 0.79.

Realty Income (NYSE:O - Get Free Report) last released its earnings results on Monday, February 24th. The real estate investment trust reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.06 by ($0.01). The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.28 billion. Realty Income had a net margin of 17.57% and a return on equity of 2.35%. On average, research analysts predict that Realty Income Co. will post 4.19 EPS for the current fiscal year.

Realty Income Announces Dividend

The company also recently announced a may 25 dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be given a dividend of $0.2685 per share. This represents a yield of 6%. The ex-dividend date is Thursday, May 1st. Realty Income's dividend payout ratio (DPR) is presently 328.57%.

Analysts Set New Price Targets

Several analysts have recently commented on O shares. Stifel Nicolaus decreased their price objective on shares of Realty Income from $70.00 to $66.50 and set a "buy" rating on the stock in a research report on Wednesday, January 8th. Scotiabank dropped their price objective on Realty Income from $59.00 to $57.00 and set a "sector perform" rating for the company in a research note on Friday, February 28th. Royal Bank of Canada decreased their target price on Realty Income from $62.00 to $60.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 26th. BNP Paribas downgraded Realty Income from an "outperform" rating to a "neutral" rating and set a $61.00 price target for the company. in a research note on Tuesday, February 25th. Finally, Barclays lifted their price objective on shares of Realty Income from $56.00 to $59.00 and gave the company an "equal weight" rating in a research report on Tuesday, March 4th. Eleven analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $62.42.

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.