American Century Companies Inc. Has $210.09 Million Position in Realty Income Co. (NYSE:O)

American Century Companies Inc. boosted its holdings in shares of Realty Income Co. (NYSE:O - Free Report) by 0.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,933,467 shares of the real estate investment trust's stock after purchasing an additional 7,640 shares during the quarter. American Century Companies Inc. owned about 0.45% of Realty Income worth $210,086,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

O has been the topic of a number of research analyst reports. BNP Paribas lowered Realty Income from an "outperform" rating to a "neutral" rating and set a $61.00 price target on the stock. in a research report on Tuesday, February 25th. Barclays increased their target price on Realty Income from $56.00 to $59.00 and gave the stock an "equal weight" rating in a report on Tuesday, March 4th. 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 report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Realty Income in a report on Wednesday, December 11th. They set a "hold" rating and a $62.00 price objective on the stock. Finally, Scotiabank dropped their target price on shares of 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. Eleven equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $62.04.

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Realty Income Trading Down 1.1 %

Shares of Realty Income stock traded down $0.64 on Tuesday, hitting $55.64. 3,684,568 shares of the company's stock traded hands, compared to its average volume of 4,993,201. Realty Income Co. has a one year low of $50.65 and a one year high of $64.88. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.40 and a quick ratio of 1.40. The stock has a market capitalization of $49.60 billion, a PE ratio of 52.99, a price-to-earnings-growth ratio of 2.10 and a beta of 1.00. The firm's 50-day moving average price is $55.60 and its two-hundred day moving average price is $57.42.

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 during the quarter, compared to analyst estimates 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 expect that Realty Income Co. will post 4.19 EPS for the current fiscal year.

Realty Income Increases Dividend

The company also recently announced a apr 25 dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be issued a $0.2685 dividend. The ex-dividend date is Tuesday, April 1st. This is a positive change from Realty Income's previous apr 25 dividend of $0.27. This represents a yield of 5.7%. Realty Income's dividend payout ratio (DPR) is 328.57%.

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.