Realty Income Co. (NYSE:O) Shares Acquired by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp raised its holdings in Realty Income Co. (NYSE:O - Free Report) by 5.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 438,387 shares of the real estate investment trust's stock after buying an additional 23,795 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 0.05% of Realty Income worth $23,414,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Tcfg Wealth Management LLC boosted its holdings in shares of Realty Income by 2.9% in the 4th quarter. Tcfg Wealth Management LLC now owns 6,678 shares of the real estate investment trust's stock valued at $357,000 after buying an additional 186 shares in the last quarter. Romano Brothers AND Company boosted its stake in Realty Income by 2.0% in the fourth quarter. Romano Brothers AND Company now owns 10,194 shares of the real estate investment trust's stock valued at $544,000 after acquiring an additional 200 shares in the last quarter. Bay Rivers Group boosted its stake in Realty Income by 1.0% in the fourth quarter. Bay Rivers Group now owns 20,644 shares of the real estate investment trust's stock valued at $1,103,000 after acquiring an additional 200 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in shares of Realty Income by 11.3% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,144 shares of the real estate investment trust's stock worth $115,000 after purchasing an additional 218 shares during the last quarter. Finally, Howard Capital Management Inc. increased its position in shares of Realty Income by 5.4% during the fourth quarter. Howard Capital Management Inc. now owns 4,456 shares of the real estate investment trust's stock worth $238,000 after purchasing an additional 229 shares in the last quarter. 70.81% of the stock is owned by hedge funds and other institutional investors.

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Realty Income Price Performance

Shares of O traded up $1.44 on Monday, reaching $58.05. The stock had a trading volume of 8,195,511 shares, compared to its average volume of 5,146,411. Realty Income Co. has a twelve month low of $50.65 and a twelve month high of $64.88. The firm has a market capitalization of $51.76 billion, a PE ratio of 55.29, a PEG ratio of 2.10 and a beta of 1.00. The firm has a 50-day moving average of $55.86 and a 200 day moving average of $57.21. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.68.

Realty Income (NYSE:O - Get Free Report) last posted its earnings results 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 firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.28 billion. Realty Income had a net margin of 17.57% and a return on equity of 2.35%. Sell-side analysts expect that Realty Income Co. will post 4.19 EPS for the current year.

Realty Income Increases Dividend

The firm also recently announced a apr 25 dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be given a dividend of $0.2685 per share. The ex-dividend date is Tuesday, April 1st. This represents a yield of 5.7%. This is a boost from Realty Income's previous apr 25 dividend of $0.27. Realty Income's payout ratio is presently 328.57%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on O. Deutsche Bank Aktiengesellschaft began coverage on Realty Income in a research note on Wednesday, December 11th. They set a "hold" rating and a $62.00 price target on the stock. Mizuho cut their target price on shares of Realty Income from $60.00 to $54.00 and set a "neutral" rating on the stock in a report on Wednesday, January 8th. Barclays upped their price target on shares of Realty Income from $56.00 to $59.00 and gave the company an "equal weight" rating in a research report on Tuesday, March 4th. Scotiabank lowered their price objective on shares of Realty Income from $59.00 to $57.00 and set a "sector perform" rating on the stock in a research report on Friday, February 28th. Finally, Royal Bank of Canada reduced their target price on shares of Realty Income from $62.00 to $60.00 and set an "outperform" rating for the company in a report on Wednesday, February 26th. Eleven equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average 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.