Asset Management One Co. Ltd. increased its holdings in Realty Income Co. (NYSE:O - Free Report) by 6.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,782,196 shares of the real estate investment trust's stock after acquiring an additional 101,184 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.20% of Realty Income worth $93,850,000 as of its most recent filing with the SEC.
Several other institutional investors have also modified their holdings of O. Rosenberg Matthew Hamilton raised its stake in shares of 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 purchasing an additional 211 shares in the last quarter. Creative Capital Management Investments LLC raised its stake in Realty Income by 133.3% during the third quarter. Creative Capital Management Investments LLC now owns 525 shares of the real estate investment trust's stock valued at $33,000 after buying an additional 300 shares in the last quarter. Luken Investment Analytics LLC acquired a new stake in shares of Realty Income during the 4th quarter valued at approximately $40,000. ST Germain D J Co. Inc. raised its position in shares of Realty Income by 306.5% during the 4th 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. Finally, Independence Bank of Kentucky raised its position in shares of Realty Income by 54.5% during the 4th quarter. Independence Bank of Kentucky now owns 850 shares of the real estate investment trust's stock valued at $45,000 after acquiring an additional 300 shares in the last quarter. Institutional investors and hedge funds own 70.81% of the company's stock.
Realty Income Price Performance
Realty Income stock traded down $0.39 during trading hours on Monday, hitting $54.53. 3,720,348 shares of the company traded hands, compared to its average volume of 4,456,966. Realty Income Co. has a 1-year low of $50.65 and a 1-year 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 firm has a market cap of $47.73 billion, a P/E ratio of 51.93, a P/E/G ratio of 1.94 and a beta of 1.00. The firm's 50-day simple moving average is $53.90 and its two-hundred day simple moving average is $58.18.
Realty Income Dividend Announcement
The company also recently announced a feb 25 dividend, which was paid on Friday, February 14th. Investors of record on Monday, February 3rd were issued a dividend of $0.264 per share. This represents a yield of 5.9%. The ex-dividend date of this dividend was Monday, February 3rd. Realty Income's payout ratio is currently 301.91%.
Analyst Ratings Changes
O has been the topic of a number of research reports. Scotiabank dropped their target price on shares of Realty Income from $61.00 to $59.00 and set a "sector perform" rating on the stock in a report on Thursday, January 16th. Stifel Nicolaus dropped their price objective 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. UBS Group dropped their price target on Realty Income from $72.00 to $71.00 and set a "buy" rating on the stock in a research report on Thursday, November 14th. Deutsche Bank Aktiengesellschaft began coverage on Realty Income in a research report on Wednesday, December 11th. They set a "hold" rating and a $62.00 price target on the stock. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and issued a $62.00 target price on shares of Realty Income in a research report on Monday, January 27th. Ten research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $62.21.
Check Out Our Latest Analysis on Realty Income
Realty Income Profile
(
Free Report)
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.
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