Capital Investment Advisory Services LLC Boosts Position in Realty Income Co. (NYSE:O)

Capital Investment Advisory Services LLC lifted its stake in Realty Income Co. (NYSE:O - Free Report) by 23.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 42,468 shares of the real estate investment trust's stock after buying an additional 8,071 shares during the quarter. Capital Investment Advisory Services LLC's holdings in Realty Income were worth $2,268,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in O. Rosenberg Matthew Hamilton increased its position in Realty Income by 75.4% during the third quarter. Rosenberg Matthew Hamilton now owns 491 shares of the real estate investment trust's stock valued at $31,000 after acquiring an additional 211 shares during the last quarter. Creative Capital Management Investments LLC grew its stake in Realty Income by 133.3% in the 3rd quarter. Creative Capital Management Investments LLC now owns 525 shares of the real estate investment trust's stock worth $33,000 after acquiring an additional 300 shares in the last quarter. ST Germain D J Co. Inc. increased its position 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 valued at $40,000 after purchasing an additional 567 shares during the period. Pacifica Partners Inc. raised its holdings in shares of 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 purchasing an additional 437 shares in the last quarter. Finally, First Horizon Advisors Inc. lifted its position in shares of Realty Income by 313.5% in the 3rd quarter. First Horizon Advisors Inc. now owns 947 shares of the real estate investment trust's stock worth $60,000 after purchasing an additional 718 shares during the period. Institutional investors own 70.81% of the company's stock.

Realty Income Price Performance

Shares of NYSE:O traded up $0.25 during midday trading on Thursday, hitting $54.31. The company had a trading volume of 4,272,609 shares, compared to its average volume of 4,786,039. The business's 50-day simple moving average is $54.57 and its 200-day simple moving average is $58.43. The stock has a market cap of $47.53 billion, a price-to-earnings ratio of 51.73, a price-to-earnings-growth ratio of 1.93 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 twelve month low of $50.65 and a twelve month high of $64.88.

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

Realty Income Dividend Announcement

The company also recently declared 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. This represents a yield of 5.9%. The ex-dividend date of this dividend is Monday, February 3rd. Realty Income's dividend payout ratio (DPR) is 301.91%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on O. Stifel Nicolaus lowered their target price on shares of Realty Income from $70.00 to $66.50 and set a "buy" rating for the company in a research note on Wednesday, January 8th. Scotiabank lowered their price objective on Realty Income from $61.00 to $59.00 and set a "sector perform" rating for the company in a research report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft started coverage on Realty Income in a research report on Wednesday, December 11th. They set a "hold" rating and a $62.00 target price on the stock. Royal Bank of Canada restated an "outperform" rating and set a $62.00 price target on shares of Realty Income in a research note on Monday. Finally, Mizuho decreased their price objective on shares of Realty Income from $60.00 to $54.00 and set a "neutral" rating for the company in a research report on Wednesday, January 8th. Twelve investment 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 stock has a consensus rating of "Hold" and a consensus price target of $62.04.

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.