Bank of New Hampshire Grows Stock Holdings in Realty Income Co. (NYSE:O)

Bank of New Hampshire boosted its holdings in shares of Realty Income Co. (NYSE:O) by 23.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,100 shares of the real estate investment trust’s stock after acquiring an additional 208 shares during the period. Bank of New Hampshire’s holdings in Realty Income were worth $63,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Manchester Capital Management LLC raised its stake in shares of Realty Income by 423.0% in the third quarter. Manchester Capital Management LLC now owns 523 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 423 shares during the period. Baystate Wealth Management LLC raised its stake in shares of Realty Income by 62.7% in the fourth quarter. Baystate Wealth Management LLC now owns 493 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 190 shares during the period. FinTrust Capital Advisors LLC raised its stake in shares of Realty Income by 302.1% in the third quarter. FinTrust Capital Advisors LLC now owns 571 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 429 shares during the period. CVA Family Office LLC purchased a new stake in shares of Realty Income in the fourth quarter valued at $29,000. Finally, Operose Advisors LLC purchased a new stake in shares of Realty Income in the third quarter valued at $30,000. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on O shares. BMO Capital Markets began coverage on shares of Realty Income in a report on Tuesday, February 13th. They issued a “market perform” rating and a $57.00 price target on the stock. StockNews.com raised shares of Realty Income from a “sell” rating to a “hold” rating in a research report on Thursday, February 8th. Stifel Nicolaus reduced their price target on shares of Realty Income from $67.75 to $65.00 and set a “buy” rating for the company in a research report on Wednesday, February 21st. Mizuho reduced their price target on shares of Realty Income from $60.00 to $56.00 and set a “buy” rating for the company in a research report on Thursday, March 7th. Finally, Royal Bank of Canada raised their price target on shares of Realty Income from $58.00 to $60.00 and gave the stock an “outperform” rating in a research report on Thursday, January 11th. Eight analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, Realty Income currently has an average rating of “Hold” and an average price target of $60.96.

Realty Income Trading Up 0.2 %

Shares of NYSE O traded up $0.13 during trading on Thursday, hitting $53.80. 4,873,891 shares of the company were exchanged, compared to its average volume of 6,823,825. Realty Income Co. has a 12-month low of $45.03 and a 12-month high of $64.18. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.28 and a current ratio of 1.28. The company has a fifty day moving average price of $52.59 and a 200-day moving average price of $53.45. The firm has a market capitalization of $46.33 billion, a PE ratio of 42.33, a P/E/G ratio of 5.54 and a beta of 0.92.

Realty Income (NYSE:O) last posted its quarterly earnings results on Wednesday, February 21st. The real estate investment trust reported $0.30 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts’ expectations of $1.02 billion. The firm’s revenue was up 21.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.00 EPS. As a group, equities research analysts expect that Realty Income Co. will post 4.16 EPS for the current year.

Realty Income Dividend Announcement

The business also recently disclosed a may 24 dividend, which will be paid on Wednesday, May 15th. Investors of record on Wednesday, May 1st will be issued a $0.257 dividend. The ex-dividend date is Tuesday, April 30th. This represents a yield of 5.9%. Realty Income’s dividend payout ratio (DPR) is currently 244.45%.

Insider Activity at Realty Income

In other Realty Income news, Director A. Larry Chapman sold 5,000 shares of Realty Income stock in a transaction dated Tuesday, April 9th. The stock was sold at an average price of $54.23, for a total value of $271,150.00. Following the completion of the transaction, the director now directly owns 6,257 shares of the company’s stock, valued at approximately $339,317.11. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.10% of the stock is owned by insiders.

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.