5,233 Shares in Realty Income Co. (NYSE:O) Bought by Atlas Legacy Advisors LLC

Atlas Legacy Advisors LLC bought a new stake in Realty Income Co. (NYSE:O - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 5,233 shares of the real estate investment trust's stock, valued at approximately $279,000.

A number of other large investors have also modified their holdings of O. Rosenberg Matthew Hamilton grew its stake in Realty Income by 75.4% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 491 shares of the real estate investment trust's stock valued at $31,000 after purchasing an additional 211 shares in the last quarter. Sierra Ocean LLC bought a new position in Realty Income during the 4th quarter worth approximately $32,000. Creative Capital Management Investments LLC lifted its holdings in Realty Income by 133.3% during the 3rd quarter. Creative Capital Management Investments LLC now owns 525 shares of the real estate investment trust's stock worth $33,000 after buying an additional 300 shares during the last quarter. ST Germain D J Co. Inc. lifted its holdings in Realty Income by 306.5% during the 4th quarter. ST Germain D J Co. Inc. now owns 752 shares of the real estate investment trust's stock worth $40,000 after buying an additional 567 shares during the last quarter. Finally, Luken Investment Analytics LLC bought a new position in Realty Income during the 4th quarter worth approximately $40,000. Institutional investors and hedge funds own 70.81% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on O. Barclays cut their price target on Realty Income from $59.00 to $56.00 and set an "equal weight" rating on the stock in a report on Tuesday, February 4th. UBS Group cut their price target on Realty Income from $72.00 to $71.00 and set a "buy" rating on the stock in a report on Thursday, November 14th. Stifel Nicolaus cut their price target on Realty Income from $70.00 to $66.50 and set a "buy" rating on the stock in a report on Wednesday, January 8th. Scotiabank cut their price target on Realty Income from $61.00 to $59.00 and set a "sector perform" rating on the stock in a report on Thursday, January 16th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Realty Income in a report on Wednesday, December 11th. They issued a "hold" rating and a $62.00 price target on the stock. Ten research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $62.21.

Realty Income Price Performance

Shares of O traded up $0.48 on Friday, hitting $57.00. The company's stock had a trading volume of 4,018,378 shares, compared to its average volume of 4,593,700. The company has a market capitalization of $49.88 billion, a PE ratio of 54.23, a PEG ratio of 2.06 and a beta of 1.00. 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 fifty-two week low of $50.65 and a fifty-two week high of $64.88. The company has a 50 day moving average price of $53.88 and a 200 day moving average price of $58.09.

Realty Income Increases Dividend

The firm also recently announced a mar 25 dividend, which will be paid on Friday, March 14th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.268 per share. This is a boost from Realty Income's previous mar 25 dividend of $0.26. The ex-dividend date is Monday, March 3rd. This represents a dividend yield of 5.7%. Realty Income's payout ratio is presently 301.91%.

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.