Commerzbank Aktiengesellschaft FI Increases Position in Realty Income Co. (NYSE:O)

Commerzbank Aktiengesellschaft FI increased its holdings in Realty Income Co. (NYSE:O - Free Report) by 46.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,220 shares of the real estate investment trust's stock after purchasing an additional 11,533 shares during the quarter. Commerzbank Aktiengesellschaft FI's holdings in Realty Income were worth $1,910,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Charles Schwab Investment Management Inc. grew its position in shares of Realty Income by 2.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 9,989,300 shares of the real estate investment trust's stock valued at $533,529,000 after buying an additional 260,071 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake in shares of Realty Income by 314.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 213,382 shares of the real estate investment trust's stock worth $11,397,000 after acquiring an additional 161,922 shares during the period. Fidelis Capital Partners LLC boosted its holdings in Realty Income by 23.7% in the fourth quarter. Fidelis Capital Partners LLC now owns 4,096 shares of the real estate investment trust's stock valued at $223,000 after acquiring an additional 785 shares during the last quarter. Jones Financial Companies Lllp increased its position in Realty Income by 83.4% during the 4th quarter. Jones Financial Companies Lllp now owns 487,018 shares of the real estate investment trust's stock valued at $26,012,000 after purchasing an additional 221,481 shares during the period. Finally, Modera Wealth Management LLC raised its holdings in Realty Income by 8.2% during the 4th quarter. Modera Wealth Management LLC now owns 4,904 shares of the real estate investment trust's stock worth $262,000 after purchasing an additional 372 shares during the last quarter. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

O has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Realty Income in a research note on Wednesday, December 11th. They issued a "hold" rating and a $62.00 price objective on the stock. Barclays increased their price target on Realty Income from $56.00 to $59.00 and gave the stock an "equal weight" rating in a report on Tuesday. Royal Bank of Canada dropped their price objective on Realty Income from $62.00 to $60.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 26th. BNP Paribas cut Realty Income from an "outperform" rating to a "neutral" rating and set a $61.00 target price for the company. in a research note on Tuesday, February 25th. Finally, Stifel Nicolaus dropped their price target on Realty Income from $70.00 to $66.50 and set a "buy" rating on the stock in a research note on Wednesday, January 8th. Eleven investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $62.04.

Realty Income Stock Up 0.7 %

Shares of NYSE:O traded up $0.41 during trading on Wednesday, reaching $58.17. 3,843,735 shares of the stock were exchanged, compared to its average volume of 5,029,337. Realty Income Co. has a 1-year low of $50.65 and a 1-year high of $64.88. The stock has a fifty day moving average of $54.43 and a two-hundred day moving average of $57.89. 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 firm has a market cap of $51.86 billion, a price-to-earnings ratio of 55.39, a price-to-earnings-growth ratio of 2.10 and a beta of 1.00.

Realty Income (NYSE:O - Get Free Report) last released its quarterly earnings data 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 business had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.28 billion. Realty Income had a return on equity of 2.35% and a net margin of 17.57%. Research analysts anticipate that Realty Income Co. will post 4.19 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The business also recently declared a mar 25 dividend, which will be paid on Friday, March 14th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.268 per share. The ex-dividend date is Monday, March 3rd. This represents a yield of 5.7%. This is an increase from Realty Income's previous mar 25 dividend of $0.26. Realty Income's payout ratio is 327.55%.

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.