Beech Hill Advisors Inc. Makes New $1.47 Million Investment in Realty Income Co. (NYSE:O)

Beech Hill Advisors Inc. bought a new stake in Realty Income Co. (NYSE:O - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 27,500 shares of the real estate investment trust's stock, valued at approximately $1,469,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Rosenberg Matthew Hamilton lifted its stake in shares of Realty Income by 75.4% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 491 shares of the real estate investment trust's stock worth $31,000 after purchasing an additional 211 shares during the period. Creative Capital Management Investments LLC increased its stake in Realty Income by 133.3% in the third quarter. Creative Capital Management Investments LLC now owns 525 shares of the real estate investment trust's stock valued at $33,000 after purchasing an additional 300 shares during the last quarter. ST Germain D J Co. Inc. lifted its position in Realty Income by 306.5% during the fourth 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 period. Headlands Technologies LLC acquired a new stake in Realty Income in the 2nd quarter worth about $42,000. Finally, Pacifica Partners Inc. grew its holdings in Realty Income by 89.2% in the 3rd quarter. Pacifica Partners Inc. now owns 927 shares of the real estate investment trust's stock valued at $59,000 after buying an additional 437 shares during the period. Institutional investors and hedge funds own 70.81% of the company's stock.

Realty Income Stock Up 2.7 %

Shares of Realty Income stock traded up $1.41 during trading hours on Thursday, hitting $54.58. 4,327,905 shares of the company's stock traded hands, compared to its average volume of 5,017,846. Realty Income Co. has a twelve month low of $50.65 and a twelve month high of $64.88. The company has a market cap of $47.77 billion, a PE ratio of 51.98, a PEG ratio of 1.85 and a beta of 1.00. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.68. The stock has a 50 day simple moving average of $55.01 and a 200-day simple moving average of $58.34.

Realty Income (NYSE:O - Get Free Report) last issued its quarterly earnings data on Monday, November 4th. The real estate investment trust reported $0.30 earnings per share for the quarter, missing analysts' consensus estimates of $1.05 by ($0.75). The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.26 billion. Realty Income had a net margin of 17.57% and a return on equity of 2.35%. Realty Income's revenue for the quarter was up 28.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.02 EPS. Equities research analysts anticipate that Realty Income Co. will post 4.19 earnings per share for the current fiscal year.

Realty Income Announces Dividend

The business also recently disclosed a feb 25 dividend, which will be paid on Friday, February 14th. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.264 per share. The ex-dividend date is Monday, February 3rd. This represents a yield of 5.9%. Realty Income's dividend payout ratio (DPR) is 300.95%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Mizuho cut their target price on Realty Income from $60.00 to $54.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 8th. Barclays initiated coverage on Realty Income in a report on Tuesday, December 17th. They issued an "equal weight" rating and a $59.00 price objective on the stock. UBS Group decreased their target price on Realty Income from $72.00 to $71.00 and set a "buy" rating for the company in a report on Thursday, November 14th. Deutsche Bank Aktiengesellschaft started coverage on shares of Realty Income in a report on Wednesday, December 11th. They issued a "hold" rating and a $62.00 price target on the stock. Finally, Wells Fargo & Company reiterated an "equal weight" rating and set a $65.00 price objective (up from $62.00) on shares of Realty Income in a research note on Tuesday, October 1st. Twelve research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Realty Income has an average rating of "Hold" and an average price target of $62.12.

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.