Susquehanna Fundamental Investments LLC Makes New Investment in Realty Income Co. (NYSE:O)

Susquehanna Fundamental Investments LLC purchased a new stake in shares of Realty Income Co. (NYSE:O - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 297,558 shares of the real estate investment trust's stock, valued at approximately $15,893,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Lee Danner & Bass Inc. bought a new position in shares of Realty Income during the 4th quarter valued at $28,000. Hopwood Financial Services Inc. purchased a new stake in Realty Income in the fourth quarter worth about $29,000. Sierra Ocean LLC bought a new position in shares of Realty Income in the fourth quarter worth about $32,000. Millstone Evans Group LLC purchased a new position in shares of Realty Income during the 4th quarter valued at about $34,000. Finally, BankPlus Trust Department bought a new position in shares of Realty Income during the 4th quarter valued at approximately $37,000. 70.81% of the stock is owned by institutional investors.

Realty Income Price Performance

Shares of Realty Income stock traded up $0.36 during trading on Monday, reaching $57.25. 3,785,741 shares of the stock traded hands, compared to its average volume of 5,245,529. The company has a market capitalization of $51.05 billion, a price-to-earnings ratio of 54.52, a P/E/G ratio of 2.10 and a beta of 0.79. The business has a fifty day simple moving average of $56.53 and a two-hundred day simple moving average of $56.31. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.40 and a quick ratio of 1.40. Realty Income Co. has a 52-week low of $50.71 and a 52-week high of $64.88.

Realty Income (NYSE:O - Get Free Report) last announced its quarterly earnings results on Monday, February 24th. The real estate investment trust reported $1.05 EPS for the quarter, missing analysts' consensus estimates of $1.06 by ($0.01). Realty Income had a net margin of 17.57% and a return on equity of 2.35%. The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.28 billion. Sell-side analysts expect that Realty Income Co. will post 4.19 EPS for the current year.

Realty Income Dividend Announcement

The firm also recently declared a may 25 dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 1st will be issued a $0.2685 dividend. This represents a dividend yield of 6%. The ex-dividend date is Thursday, May 1st. Realty Income's payout ratio is 328.57%.

Analyst Ratings Changes

A number of equities research analysts have commented on O shares. Royal Bank of Canada decreased their target price on shares of Realty Income from $62.00 to $60.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 26th. Scotiabank lowered their target price on shares of Realty Income from $59.00 to $57.00 and set a "sector perform" rating on the stock in a research note on Friday, February 28th. BNP Paribas lowered 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. Barclays reiterated an "overweight" rating on shares of Realty Income in a research note on Tuesday, April 22nd. Finally, Stifel Nicolaus cut their price target on Realty Income from $70.00 to $66.50 and set a "buy" rating for the company in a research note on Wednesday, January 8th. Ten investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $62.35.

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.