Atria Wealth Solutions Inc. Has $8.46 Million Stock Position in Realty Income Co. (NYSE:O)

Atria Wealth Solutions Inc. grew its stake in Realty Income Co. (NYSE:O) by 6.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 147,186 shares of the real estate investment trust’s stock after purchasing an additional 9,510 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Realty Income were worth $8,457,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in Realty Income by 3.9% during the 3rd quarter. Vanguard Group Inc. now owns 110,873,424 shares of the real estate investment trust’s stock worth $5,537,019,000 after buying an additional 4,172,231 shares during the period. Envestnet Asset Management Inc. raised its stake in Realty Income by 69.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,922,207 shares of the real estate investment trust’s stock worth $95,995,000 after buying an additional 785,476 shares during the period. Ceredex Value Advisors LLC acquired a new stake in shares of Realty Income in the 3rd quarter valued at about $38,192,000. International Assets Investment Management LLC raised its stake in shares of Realty Income by 10,591.3% in the 4th quarter. International Assets Investment Management LLC now owns 622,661 shares of the real estate investment trust’s stock valued at $35,753,000 after purchasing an additional 616,837 shares during the period. Finally, UBS Group AG raised its stake in shares of Realty Income by 56.1% in the 3rd quarter. UBS Group AG now owns 1,415,849 shares of the real estate investment trust’s stock valued at $70,707,000 after purchasing an additional 508,933 shares during the period. Institutional investors and hedge funds own 70.81% of the company’s stock.

Wall Street Analysts Forecast Growth

O has been the topic of several recent research reports. Royal Bank of Canada lifted their price target on Realty Income from $58.00 to $60.00 and gave the company an “outperform” rating in a research note on Thursday, January 11th. Stifel Nicolaus decreased their price objective on Realty Income from $67.75 to $65.00 and set a “buy” rating for the company in a report on Wednesday, February 21st. Mizuho decreased their price objective on Realty Income from $60.00 to $56.00 and set a “buy” rating for the company in a report on Thursday, March 7th. BMO Capital Markets began coverage on Realty Income in a report on Tuesday, February 13th. They issued a “market perform” rating and a $57.00 price objective for the company. Finally, StockNews.com upgraded Realty Income from a “sell” rating to a “hold” rating in a report on Thursday, February 8th. Eight analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $60.96.

Realty Income Trading Up 0.0 %

Shares of Realty Income stock opened at $53.82 on Friday. The firm has a market capitalization of $46.35 billion, a PE ratio of 42.70, a price-to-earnings-growth ratio of 5.57 and a beta of 0.92. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.64. The firm’s 50 day moving average is $52.62 and its 200 day moving average is $53.45. Realty Income Co. has a 1 year low of $45.03 and a 1 year high of $64.18.

Realty Income (NYSE:O) last posted 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 business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the previous year, the firm earned $1.00 earnings per share. The company’s revenue was up 21.1% compared to the same quarter last year. Equities research analysts forecast that Realty Income Co. will post 4.16 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

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

Insider Transactions at Realty Income

In other news, Director A. Larry Chapman sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 9th. The shares were sold at an average price of $54.23, for a total value of $271,150.00. Following the transaction, the director now owns 6,257 shares in the company, valued at approximately $339,317.11. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.10% of the company’s stock.

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.