Realty Income Co. (NYSE:O) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC grew its stake in shares of Realty Income Co. (NYSE:O - Free Report) by 18.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 357,639 shares of the real estate investment trust's stock after acquiring an additional 55,296 shares during the period. Natixis Advisors LLC's holdings in Realty Income were worth $19,101,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in O. Tcfg Wealth Management LLC raised its stake in Realty Income by 2.9% in the fourth quarter. Tcfg Wealth Management LLC now owns 6,678 shares of the real estate investment trust's stock valued at $357,000 after purchasing an additional 186 shares in the last quarter. Romano Brothers AND Company increased its stake in shares of 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 worth $544,000 after buying an additional 200 shares during the period. Bay Rivers Group raised its stake in shares of Realty Income by 1.0% during 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 during the last quarter. Parkside Financial Bank & Trust raised its position in Realty Income by 11.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,144 shares of the real estate investment trust's stock valued at $115,000 after purchasing an additional 218 shares during the last quarter. Finally, Howard Capital Management Inc. raised its holdings 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 valued at $238,000 after acquiring an additional 229 shares in the last quarter. Hedge funds and other institutional investors own 70.81% of the company's stock.

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Realty Income Stock Performance

Shares of O stock traded down $0.67 during trading hours on Friday, hitting $55.79. The company's stock had a trading volume of 10,835,282 shares, compared to its average volume of 4,997,975. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.68. The company has a 50 day moving average of $55.52 and a 200 day moving average of $57.54. Realty Income Co. has a 12-month low of $50.65 and a 12-month high of $64.88. The stock has a market cap of $49.73 billion, a PE ratio of 53.13, a price-to-earnings-growth ratio of 2.10 and a beta of 1.00.

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 for the quarter, compared to analysts' expectations of $1.28 billion. Realty Income had a net margin of 17.57% and a return on equity of 2.35%. On average, sell-side analysts forecast that Realty Income Co. will post 4.19 EPS for the current fiscal year.

Realty Income Increases Dividend

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

Wall Street Analysts Forecast Growth

Several analysts have commented on O shares. Scotiabank lowered their price objective on shares of Realty Income from $59.00 to $57.00 and set a "sector perform" rating for the company in a report on Friday, February 28th. Stifel Nicolaus dropped their target price on shares of Realty Income from $70.00 to $66.50 and set a "buy" rating on the stock in a research note on Wednesday, January 8th. BNP Paribas cut Realty Income from an "outperform" rating to a "neutral" rating and set a $61.00 price objective on the stock. in a research report on Tuesday, February 25th. Deutsche Bank Aktiengesellschaft began coverage on shares of Realty Income in a report on Wednesday, December 11th. They issued a "hold" rating and a $62.00 target price on the stock. Finally, Mizuho dropped their target price on Realty Income from $60.00 to $54.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 8th. Eleven 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, the stock currently has a consensus rating of "Hold" and an average price target of $62.04.

Realty Income Company 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.