Realty Income Co. (NYSE:O) Shares Sold by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT lessened its holdings in shares of Realty Income Co. (NYSE:O - Free Report) by 2.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 284,878 shares of the real estate investment trust's stock after selling 8,196 shares during the period. Bradley Foster & Sargent Inc. CT's holdings in Realty Income were worth $15,215,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Realty Income by 765.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,545,815 shares of the real estate investment trust's stock worth $478,556,000 after purchasing an additional 6,673,617 shares during the last quarter. Janus Henderson Group PLC grew its holdings in shares of Realty Income by 3,150.5% during the third quarter. Janus Henderson Group PLC now owns 2,760,182 shares of the real estate investment trust's stock valued at $175,142,000 after buying an additional 2,675,266 shares during the last quarter. Parnassus Investments LLC increased its position in shares of Realty Income by 7.4% in the 3rd quarter. Parnassus Investments LLC now owns 24,448,225 shares of the real estate investment trust's stock valued at $1,550,506,000 after acquiring an additional 1,676,293 shares during the period. Bank of Montreal Can raised its stake in Realty Income by 102.1% in the 3rd quarter. Bank of Montreal Can now owns 2,191,962 shares of the real estate investment trust's stock worth $137,502,000 after acquiring an additional 1,107,493 shares during the last quarter. Finally, KBC Group NV lifted its position in Realty Income by 391.6% during the 3rd quarter. KBC Group NV now owns 623,658 shares of the real estate investment trust's stock worth $39,552,000 after acquiring an additional 496,796 shares during the period. Institutional investors and hedge funds own 70.81% of the company's stock.

Realty Income Price Performance

O stock traded up $0.62 during mid-day trading on Friday, reaching $57.14. The company's stock had a trading volume of 7,382,843 shares, compared to its average volume of 4,696,011. 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 company's 50 day moving average is $53.88 and its two-hundred day moving average is $58.09. Realty Income Co. has a fifty-two week low of $50.65 and a fifty-two week high of $64.88. The stock has a market cap of $50.01 billion, a PE ratio of 54.41, a P/E/G ratio of 2.06 and a beta of 1.00.

Realty Income Increases Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on O shares. Scotiabank cut their price objective 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. Royal Bank of Canada reissued an "outperform" rating and set a $62.00 price target on shares of Realty Income in a research report on Monday, January 27th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Realty Income in a research note on Wednesday, December 11th. They set a "hold" rating and a $62.00 price objective for the company. Barclays dropped their target price 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. Finally, Mizuho lowered their price objective 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. Ten equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $62.21.

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.