Realty Income Co. (NYSE:O) Holdings Decreased by Community Bank of Raymore

Community Bank of Raymore decreased its position in Realty Income Co. (NYSE:O - Free Report) by 8.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 124,397 shares of the real estate investment trust's stock after selling 11,662 shares during the period. Realty Income makes up 5.2% of Community Bank of Raymore's holdings, making the stock its 3rd biggest holding. Community Bank of Raymore's holdings in Realty Income were worth $6,644,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. ZWJ Investment Counsel Inc. increased its stake in shares of Realty Income by 0.6% in the 3rd quarter. ZWJ Investment Counsel Inc. now owns 29,279 shares of the real estate investment trust's stock valued at $1,857,000 after acquiring an additional 164 shares in the last quarter. Whittier Trust Co. increased its stake in Realty Income by 4.5% in the third quarter. Whittier Trust Co. now owns 3,871 shares of the real estate investment trust's stock valued at $245,000 after purchasing an additional 166 shares in the last quarter. Greenleaf Trust raised its holdings in shares of Realty Income by 1.0% during the third quarter. Greenleaf Trust now owns 16,911 shares of the real estate investment trust's stock valued at $1,072,000 after purchasing an additional 170 shares during the period. Grove Bank & Trust boosted its position in shares of Realty Income by 14.3% during the 3rd quarter. Grove Bank & Trust now owns 1,409 shares of the real estate investment trust's stock worth $89,000 after purchasing an additional 176 shares in the last quarter. Finally, Buckley Wealth Management LLC grew its stake in shares of Realty Income by 1.9% in the 3rd quarter. Buckley Wealth Management LLC now owns 9,450 shares of the real estate investment trust's stock valued at $599,000 after buying an additional 176 shares during the period. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Realty Income Price Performance

NYSE O traded up $0.04 during trading hours on Monday, hitting $54.62. The company had a trading volume of 5,341,328 shares, compared to its average volume of 5,116,269. The firm has a 50 day simple moving average of $54.92 and a 200 day simple moving average of $58.41. Realty Income Co. has a 52 week low of $50.65 and a 52 week high of $64.88. The firm has a market capitalization of $47.80 billion, a price-to-earnings ratio of 52.02, a PEG ratio of 1.85 and a beta of 1.00. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.40 and a current ratio of 1.40.

Realty Income (NYSE:O - Get Free Report) last posted its earnings results on Monday, November 4th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.05 by ($0.75). The firm had revenue of $1.33 billion during the quarter, compared to analysts' expectations 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 for the quarter was up 28.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.02 earnings per share. Equities research analysts expect that Realty Income Co. will post 4.19 earnings per share for the current year.

Realty Income Dividend Announcement

The business also recently announced a feb 25 dividend, which will be paid on Friday, February 14th. Investors of record on Monday, February 3rd will be paid a $0.264 dividend. This represents a yield of 5.9%. The ex-dividend date is Monday, February 3rd. Realty Income's dividend payout ratio is currently 300.95%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on O shares. Scotiabank decreased their price target 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. Stifel Nicolaus decreased 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. 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 target on the stock. Mizuho decreased their price objective on Realty Income from $60.00 to $54.00 and set a "neutral" rating for the company in a report on Wednesday, January 8th. Finally, Barclays started coverage on Realty Income in a report on Tuesday, December 17th. They issued an "equal weight" rating and a $59.00 target price on the stock. Twelve research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price 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.