Kingswood Wealth Advisors LLC Has $1.27 Million Holdings in Realty Income Co. (NYSE:O)

Kingswood Wealth Advisors LLC lifted its stake in Realty Income Co. (NYSE:O - Free Report) by 30.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,787 shares of the real estate investment trust's stock after buying an additional 5,522 shares during the period. Kingswood Wealth Advisors LLC's holdings in Realty Income were worth $1,270,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of O. Rosenberg Matthew Hamilton increased its holdings in shares of Realty Income by 75.4% during the third quarter. Rosenberg Matthew Hamilton now owns 491 shares of the real estate investment trust's stock worth $31,000 after buying an additional 211 shares in the last quarter. Creative Capital Management Investments LLC increased 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 valued at $33,000 after purchasing an additional 300 shares in the last quarter. ST Germain D J Co. Inc. raised its position in Realty Income by 306.5% in 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 last quarter. Pacifica Partners Inc. boosted its stake in Realty Income by 89.2% in the third quarter. Pacifica Partners Inc. now owns 927 shares of the real estate investment trust's stock worth $59,000 after purchasing an additional 437 shares in the last quarter. Finally, First Horizon Advisors Inc. grew its holdings in shares of Realty Income by 313.5% during the third 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 last quarter. Institutional investors own 70.81% of the company's stock.

Realty Income Stock Performance

O stock traded down $1.01 during trading hours on Tuesday, reaching $54.99. The stock had a trading volume of 3,692,114 shares, compared to its average volume of 4,891,151. The stock has a market capitalization of $48.12 billion, a PE ratio of 52.37, a price-to-earnings-growth ratio of 1.93 and a beta of 1.00. The stock has a 50-day simple moving average of $54.66 and a 200 day simple moving average of $58.47. 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 debt-to-equity ratio of 0.68, a current ratio of 1.40 and a quick ratio of 1.40.

Realty Income (NYSE:O - Get Free Report) last released its quarterly earnings data 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). The business had revenue of $1.33 billion during 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%. The business's quarterly revenue was up 28.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.02 earnings per share. Analysts predict that Realty Income Co. will post 4.19 EPS for the current fiscal year.

Realty Income Dividend Announcement

The company also recently announced a feb 25 dividend, which will be paid on Friday, February 14th. Stockholders of record on Monday, February 3rd will be given a $0.264 dividend. This represents a dividend yield of 5.9%. The ex-dividend date is Monday, February 3rd. Realty Income's payout ratio is 301.91%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft started coverage on shares of Realty Income in a research report on Wednesday, December 11th. They issued a "hold" rating and a $62.00 price objective for the company. Stifel Nicolaus dropped their target price on Realty Income from $70.00 to $66.50 and set a "buy" rating for the company in a research report on Wednesday, January 8th. Barclays initiated coverage on Realty Income in a research note on Tuesday, December 17th. They set an "equal weight" rating and a $59.00 price target on the stock. Royal Bank of Canada reissued an "outperform" rating and set a $62.00 price objective on shares of Realty Income in a report on Monday. Finally, UBS Group reduced their target price on shares of Realty Income from $72.00 to $71.00 and set a "buy" rating on the stock in a research note on Thursday, November 14th. Twelve analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $62.04.

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.