Atria Wealth Solutions Inc. Has $9.96 Million Stake in Realty Income Co. (NYSE:O)

Atria Wealth Solutions Inc. increased its holdings in Realty Income Co. (NYSE:O - Free Report) by 10.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 186,543 shares of the real estate investment trust's stock after buying an additional 17,164 shares during the quarter. Atria Wealth Solutions Inc.'s holdings in Realty Income were worth $9,963,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Rosenberg Matthew Hamilton boosted its holdings in shares of Realty Income by 75.4% in the third quarter. Rosenberg Matthew Hamilton now owns 491 shares of the real estate investment trust's stock valued at $31,000 after acquiring an additional 211 shares in the last quarter. Creative Capital Management Investments LLC boosted its stake in Realty Income by 133.3% during the 3rd quarter. Creative Capital Management Investments LLC now owns 525 shares of the real estate investment trust's stock valued at $33,000 after purchasing an additional 300 shares in the last quarter. Sierra Ocean LLC bought a new position in Realty Income during the 4th quarter valued at $32,000. Luken Investment Analytics LLC acquired a new position in shares of Realty Income during the 4th quarter valued at $40,000. Finally, ST Germain D J Co. Inc. raised its stake in shares of Realty Income by 306.5% in the 4th quarter. ST Germain D J Co. Inc. now owns 752 shares of the real estate investment trust's stock worth $40,000 after buying an additional 567 shares in the last quarter. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Realty Income Stock Up 1.1 %

NYSE:O traded up $0.62 on Friday, hitting $57.14. 7,382,843 shares of the company's stock traded hands, compared to its average volume of 4,696,011. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.68. Realty Income Co. has a 1 year low of $50.65 and a 1 year high of $64.88. The firm has a 50-day moving average price of $53.88 and a 200-day moving average price of $58.09. The company has a market cap of $50.01 billion, a PE ratio of 54.41, a price-to-earnings-growth ratio of 2.06 and a beta of 1.00.

Realty Income Increases Dividend

The firm also recently disclosed a mar 25 dividend, which will be paid on Friday, March 14th. Investors of record on Monday, March 3rd will be paid a $0.268 dividend. This represents a dividend yield of 5.7%. The ex-dividend date of this dividend is Monday, March 3rd. This is a positive change from Realty Income's previous mar 25 dividend of $0.26. Realty Income's payout ratio is presently 301.91%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on O shares. Royal Bank of Canada reaffirmed an "outperform" rating and set a $62.00 target price on shares of Realty Income in a report on Monday, January 27th. Barclays cut their target price on shares of Realty Income from $59.00 to $56.00 and set an "equal weight" rating for the company in a research note on Tuesday, February 4th. Deutsche Bank Aktiengesellschaft initiated 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. Stifel Nicolaus cut their price objective on Realty Income from $70.00 to $66.50 and set a "buy" rating for the company in a research report on Wednesday, January 8th. Finally, Mizuho reduced their price objective on Realty Income from $60.00 to $54.00 and set a "neutral" rating for the company in a research note on Wednesday, January 8th. Ten investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $62.21.

About Realty Income

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.