Realty Income Co. (NYSE:O) Holdings Lifted by Liberty One Investment Management LLC

Liberty One Investment Management LLC increased its holdings in shares of Realty Income Co. (NYSE:O - Free Report) by 8.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 77,493 shares of the real estate investment trust's stock after acquiring an additional 6,130 shares during the period. Liberty One Investment Management LLC's holdings in Realty Income were worth $4,139,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Parnassus Investments LLC grew its position in shares of Realty Income by 7.4% in the third 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 purchasing an additional 1,676,293 shares during the period. Geode Capital Management LLC lifted its stake in Realty Income by 1.1% in the 3rd quarter. Geode Capital Management LLC now owns 22,815,454 shares of the real estate investment trust's stock valued at $1,445,036,000 after buying an additional 242,786 shares in the last quarter. Legal & General Group Plc boosted its holdings in Realty Income by 4.5% in the 2nd quarter. Legal & General Group Plc now owns 12,258,468 shares of the real estate investment trust's stock worth $647,492,000 after buying an additional 531,008 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in Realty Income by 5.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 9,729,229 shares of the real estate investment trust's stock worth $617,028,000 after buying an additional 463,286 shares in the last quarter. Finally, APG Asset Management US Inc. raised its holdings in shares of Realty Income by 3.1% during the second quarter. APG Asset Management US Inc. now owns 8,680,325 shares of the real estate investment trust's stock valued at $454,502,000 after acquiring an additional 265,000 shares during the last quarter. Hedge funds and other institutional investors own 70.81% of the company's stock.

Realty Income Stock Up 0.1 %

Shares of NYSE:O traded up $0.04 during trading on Friday, hitting $54.62. The company's stock had a trading volume of 5,341,328 shares, compared to its average volume of 5,116,269. Realty Income Co. has a fifty-two week low of $50.65 and a fifty-two week high of $64.88. The business has a 50 day moving average price of $54.92 and a two-hundred day moving average price of $58.37. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.40 and a current ratio of 1.40. The company has a market capitalization of $47.80 billion, a PE ratio of 52.02, a P/E/G ratio of 1.85 and a beta of 1.00.

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 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 company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.26 billion. During the same period in the previous year, the business posted $1.02 EPS. The firm's revenue for the quarter was up 28.1% compared to the same quarter last year. As a group, research analysts expect that Realty Income Co. will post 4.19 EPS for the current fiscal year.

Realty Income Announces Dividend

The firm 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 $0.264 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This represents a yield of 5.9%. Realty Income's dividend payout ratio is presently 301.91%.

Analyst Ratings Changes

Several analysts recently commented on the company. Barclays began coverage on Realty Income in a research report on Tuesday, December 17th. They set an "equal weight" rating and a $59.00 price target for the company. Stifel Nicolaus reduced 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 report on Wednesday, January 8th. Mizuho lowered their price target on shares of Realty Income from $60.00 to $54.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 8th. Scotiabank dropped their price objective on shares of Realty Income from $61.00 to $59.00 and set a "sector perform" rating for the company in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Realty Income in a report on Wednesday, December 11th. They set a "hold" rating and a $62.00 target price on the stock. Twelve equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus 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.