Householder Group Estate & Retirement Specialist LLC Acquires 451 Shares of Realty Income Co. (NYSE:O)

Householder Group Estate & Retirement Specialist LLC increased its stake in shares of Realty Income Co. (NYSE:OFree Report) by 5.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,380 shares of the real estate investment trust’s stock after acquiring an additional 451 shares during the quarter. Householder Group Estate & Retirement Specialist LLC’s holdings in Realty Income were worth $481,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of O. Portside Wealth Group LLC acquired a new stake in shares of Realty Income during the 2nd quarter worth approximately $695,000. Dynamic Advisor Solutions LLC increased its holdings in Realty Income by 6.8% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 6,339 shares of the real estate investment trust’s stock valued at $317,000 after buying an additional 403 shares during the period. LexAurum Advisors LLC acquired a new position in shares of Realty Income in the 4th quarter valued at $203,000. Vest Financial LLC lifted its holdings in shares of Realty Income by 50.3% during the 4th quarter. Vest Financial LLC now owns 540,531 shares of the real estate investment trust’s stock worth $31,037,000 after acquiring an additional 180,974 shares during the period. Finally, Cohen Investment Advisors LLC boosted its position in shares of Realty Income by 449.1% during the 4th quarter. Cohen Investment Advisors LLC now owns 35,391 shares of the real estate investment trust’s stock valued at $2,032,000 after acquiring an additional 28,946 shares in the last quarter. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Realty Income Stock Down 0.1 %

Shares of NYSE O opened at $52.80 on Wednesday. Realty Income Co. has a 12-month low of $45.03 and a 12-month high of $64.18. The firm’s 50-day simple moving average is $53.02 and its 200 day simple moving average is $53.28. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.64. The company has a market cap of $45.47 billion, a price-to-earnings ratio of 41.96, a price-to-earnings-growth ratio of 5.55 and a beta of 0.92.

Realty Income (NYSE:OGet Free Report) last announced its earnings results on Wednesday, February 21st. The real estate investment trust reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $1.02 by ($0.72). Realty Income had a return on equity of 4.06% and a net margin of 21.39%. The company had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the prior year, the firm posted $1.00 earnings per share. The company’s revenue was up 21.1% on a year-over-year basis. On average, research analysts expect that Realty Income Co. will post 4.16 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The company also recently disclosed a mar 24 dividend, which will be paid on Monday, April 15th. Shareholders of record on Monday, April 1st will be given a $0.257 dividend. This represents a yield of 6%. This is a positive change from Realty Income’s previous mar 24 dividend of $0.26. The ex-dividend date of this dividend is Friday, March 29th. Realty Income’s dividend payout ratio (DPR) is presently 244.45%.

Analyst Upgrades and Downgrades

O has been the subject of a number of analyst reports. StockNews.com upgraded shares of Realty Income from a “sell” rating to a “hold” rating in a research note on Thursday, February 8th. BMO Capital Markets initiated coverage on Realty Income in a research report on Tuesday, February 13th. They set a “market perform” rating and a $57.00 target price for the company. BNP Paribas raised Realty Income from a “neutral” rating to an “outperform” rating and set a $63.00 price target on the stock in a research note on Wednesday, December 13th. Mizuho dropped their price objective on Realty Income from $60.00 to $56.00 and set a “buy” rating for the company in a research note on Thursday, March 7th. Finally, Wolfe Research upgraded shares of Realty Income from a “peer perform” rating to an “outperform” rating and set a $66.00 target price on the stock in a research note on Wednesday, December 6th. Eight analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $60.96.

Get Our Latest Report 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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Institutional Ownership by Quarter for Realty Income (NYSE:O)

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