Compass Ion Advisors LLC Has $826,000 Position in Realty Income Co. (NYSE:O)

Compass Ion Advisors LLC lowered its stake in shares of Realty Income Co. (NYSE:O) by 2.0% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 15,462 shares of the real estate investment trust’s stock after selling 310 shares during the period. Compass Ion Advisors LLC’s holdings in Realty Income were worth $826,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. OneDigital Investment Advisors LLC raised its position in Realty Income by 36.0% in the third quarter. OneDigital Investment Advisors LLC now owns 14,064 shares of the real estate investment trust’s stock worth $892,000 after purchasing an additional 3,720 shares in the last quarter. Empowered Funds LLC raised its position in Realty Income by 2.9% in the third quarter. Empowered Funds LLC now owns 15,101 shares of the real estate investment trust’s stock worth $954,000 after purchasing an additional 428 shares in the last quarter. Natixis Advisors LLC raised its position in Realty Income by 6.5% in the third quarter. Natixis Advisors LLC now owns 302,343 shares of the real estate investment trust’s stock worth $19,175,000 after purchasing an additional 18,409 shares in the last quarter. Windle Wealth LLC raised its position in Realty Income by 1.2% in the third quarter. Windle Wealth LLC now owns 116,466 shares of the real estate investment trust’s stock worth $7,386,000 after purchasing an additional 1,326 shares in the last quarter. Finally, Pathstone Holdings LLC raised its position in Realty Income by 14.0% in the third quarter. Pathstone Holdings LLC now owns 76,316 shares of the real estate investment trust’s stock worth $4,840,000 after purchasing an additional 9,358 shares in the last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Barclays increased their price target on shares of Realty Income from $56.00 to $59.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 4th. Stifel Nicolaus decreased 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. Deutsche Bank Aktiengesellschaft began coverage on shares of Realty Income in a research note on Wednesday, December 11th. They set a “hold” rating and a $62.00 price objective on the stock. Scotiabank decreased their price objective on shares of Realty Income from $59.00 to $57.00 and set a “sector perform” rating on the stock in a research note on Friday, February 28th. Finally, BNP Paribas cut shares of Realty Income from an “outperform” rating to a “neutral” rating and set a $61.00 price objective on the stock. in a research note on Tuesday, February 25th. Eleven equities 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.com, Realty Income currently has a consensus rating of “Hold” and a consensus target price of $62.04.

Realty Income Price Performance

O opened at $56.96 on Wednesday. Realty Income Co. has a one year low of $50.65 and a one year high of $64.88. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.40 and a quick ratio of 1.40. The company’s 50 day simple moving average is $55.28 and its 200-day simple moving average is $57.60. The stock has a market capitalization of $50.78 billion, a P/E ratio of 54.24, a price-to-earnings-growth ratio of 2.10 and a beta of 1.00.

Realty Income (NYSE:O) last released its quarterly earnings results on Monday, February 24th. The real estate investment trust reported $1.05 EPS for the quarter, missing the consensus estimate of $1.06 by ($0.01). Realty Income had a net margin of 17.57% and a return on equity of 2.35%. The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.28 billion. Sell-side analysts anticipate that Realty Income Co. will post 4.19 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The firm also recently disclosed a apr 25 dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be paid 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 dividend payout ratio (DPR) is presently 328.57%.

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.