Realty Income Co. (NYSE:O) Shares Sold by LVM Capital Management Ltd. MI

LVM Capital Management Ltd. MI cut its holdings in shares of Realty Income Co. (NYSE:O - Free Report) by 18.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 82,042 shares of the real estate investment trust's stock after selling 18,563 shares during the period. LVM Capital Management Ltd. MI's holdings in Realty Income were worth $4,382,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of O. Rosenberg Matthew Hamilton grew its position in Realty Income by 75.4% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 491 shares of the real estate investment trust's stock valued at $31,000 after buying an additional 211 shares during the last quarter. Creative Capital Management Investments LLC lifted its stake in shares of 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 during the period. ST Germain D J Co. Inc. boosted its holdings in shares of Realty Income by 306.5% in the fourth quarter. ST Germain D J Co. Inc. now owns 752 shares of the real estate investment trust's stock valued at $40,000 after acquiring an additional 567 shares in the last quarter. Headlands Technologies LLC acquired a new position in shares of Realty Income during the second quarter worth about $42,000. Finally, Pacifica Partners Inc. raised its holdings in Realty Income by 89.2% during 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. 70.81% of the stock is owned by institutional investors and hedge funds.

Realty Income Price Performance

Shares of O traded down $0.78 during mid-day trading on Friday, reaching $51.73. 5,841,559 shares of the company's stock were exchanged, compared to its average volume of 5,206,113. Realty Income Co. has a 52-week low of $50.65 and a 52-week high of $64.88. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.68. The company has a 50-day simple moving average of $55.34 and a two-hundred day simple moving average of $58.29. The company has a market cap of $45.27 billion, a price-to-earnings ratio of 49.27, a PEG ratio of 2.05 and a beta of 1.00.

Realty Income (NYSE:O - Get Free Report) last released its quarterly earnings results 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). The company had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.26 billion. Realty Income had a return on equity of 2.35% and a net margin of 17.57%. The business's revenue was up 28.1% compared to the same quarter last year. During the same period last year, the firm earned $1.02 earnings per share. On average, sell-side analysts predict that Realty Income Co. will post 4.2 EPS for the current fiscal year.

Realty Income Increases Dividend

The company also recently disclosed a jan 25 dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Thursday, January 2nd will be given a $0.264 dividend. This represents a dividend yield of 5.7%. The ex-dividend date of this dividend is Thursday, January 2nd. This is a positive change from Realty Income's previous jan 25 dividend of $0.26. Realty Income's payout ratio is currently 300.95%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on O shares. Deutsche Bank Aktiengesellschaft assumed 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. Mizuho dropped their price objective on Realty Income from $60.00 to $54.00 and set a "neutral" rating on the stock in a report on Wednesday. Scotiabank raised their target price on Realty Income from $61.00 to $64.00 and gave the company a "sector perform" rating in a report on Tuesday, September 17th. UBS Group lowered their price target 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. Finally, Barclays began coverage on shares of Realty Income in a research note on Tuesday, December 17th. They issued an "equal weight" rating and a $59.00 price objective for the company. 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, the stock has a consensus rating of "Hold" and a consensus target price of $62.50.

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.