Nations Financial Group Inc. IA ADV Has $567,000 Stake in Realty Income Co. (NYSE:O)

Nations Financial Group Inc. IA ADV trimmed its position in Realty Income Co. (NYSE:O - Free Report) by 63.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,615 shares of the real estate investment trust's stock after selling 18,307 shares during the period. Nations Financial Group Inc. IA ADV's holdings in Realty Income were worth $567,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Center for Financial Planning Inc. lifted its position in Realty Income by 812.2% in the fourth quarter. Center for Financial Planning Inc. now owns 5,291 shares of the real estate investment trust's stock worth $283,000 after purchasing an additional 4,711 shares during the period. New York State Teachers Retirement System lifted its position in shares of Realty Income by 1.5% during the 4th quarter. New York State Teachers Retirement System now owns 720,346 shares of the real estate investment trust's stock valued at $38,474,000 after acquiring an additional 10,878 shares during the last quarter. Asset Planning Inc acquired a new stake in shares of Realty Income during the 4th quarter valued at $1,945,000. V Square Quantitative Management LLC lifted its position in shares of Realty Income by 24.5% during the 4th quarter. V Square Quantitative Management LLC now owns 20,275 shares of the real estate investment trust's stock valued at $1,083,000 after acquiring an additional 3,988 shares during the last quarter. Finally, Bogart Wealth LLC lifted its position in shares of Realty Income by 12.5% during the 4th quarter. Bogart Wealth LLC now owns 2,796 shares of the real estate investment trust's stock valued at $149,000 after acquiring an additional 311 shares during the last quarter. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Realty Income Stock Up 1.1 %

Shares of NYSE O traded up $0.62 during mid-day trading on Friday, reaching $57.14. The company had a trading volume of 7,382,843 shares, compared to its average volume of 4,696,011. Realty Income Co. has a twelve month low of $50.65 and a twelve month high of $64.88. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.40 and a current ratio of 1.40. The stock has a market capitalization 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. The stock's 50 day moving average is $53.88 and its 200-day moving average is $58.09.

Realty Income Increases Dividend

The business also recently declared a mar 25 dividend, which will be paid on Friday, March 14th. Stockholders of record on Monday, March 3rd will be paid a $0.268 dividend. The ex-dividend date is Monday, March 3rd. This is an increase from Realty Income's previous mar 25 dividend of $0.26. This represents a dividend yield of 5.7%. Realty Income's dividend payout ratio is 301.91%.

Analysts Set New Price Targets

A number of brokerages have recently commented on O. Barclays cut their price objective on Realty Income from $59.00 to $56.00 and set an "equal weight" rating for the company in a research report on Tuesday, February 4th. Scotiabank cut their price objective on Realty Income from $61.00 to $59.00 and set a "sector perform" rating for the company in a research report on Thursday, January 16th. 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 objective for the company. Mizuho cut their price objective on Realty Income from $60.00 to $54.00 and set a "neutral" rating for the company in a research report on Wednesday, January 8th. Finally, UBS Group cut their target price on shares of Realty Income from $72.00 to $71.00 and set a "buy" rating on the stock in a research note on Thursday, November 14th. Ten equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $62.21.

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.