Forsta AP Fonden Has $10.62 Million Holdings in Realty Income Co. (NYSE:O)

Forsta AP Fonden lifted its stake in shares of Realty Income Co. (NYSE:O) by 1.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 198,900 shares of the real estate investment trust’s stock after acquiring an additional 3,300 shares during the quarter. Forsta AP Fonden’s holdings in Realty Income were worth $10,623,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Rosenberg Matthew Hamilton boosted its stake in Realty Income by 75.4% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 491 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 211 shares during the period. Creative Capital Management Investments LLC increased its position in shares of Realty Income by 133.3% during the third quarter. Creative Capital Management Investments LLC now owns 525 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 300 shares during the period. ST Germain D J Co. Inc. raised its stake in shares of Realty Income by 306.5% in the fourth quarter. ST Germain D J Co. Inc. now owns 752 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 567 shares in the last quarter. Pacifica Partners Inc. lifted its position in Realty Income by 89.2% in the third quarter. Pacifica Partners Inc. now owns 927 shares of the real estate investment trust’s stock worth $59,000 after purchasing an additional 437 shares during the period. Finally, First Horizon Advisors Inc. increased its holdings in Realty Income by 313.5% in the 3rd quarter. First Horizon Advisors Inc. now owns 947 shares of the real estate investment trust’s stock valued at $60,000 after buying an additional 718 shares during the period. 70.81% of the stock is owned by institutional investors.

Realty Income Stock Up 0.5 %

Shares of Realty Income stock opened at $54.31 on Friday. Realty Income Co. has a 12 month low of $50.65 and a 12 month high of $64.88. The business has a fifty day simple moving average of $54.57 and a 200 day simple moving average of $58.43. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.68. The stock has a market cap of $47.53 billion, a PE ratio of 51.73, a price-to-earnings-growth ratio of 1.93 and a beta of 1.00.

Realty Income (NYSE:O) last announced its quarterly earnings results on Monday, November 4th. The real estate investment trust reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.75). The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.26 billion. Realty Income had a net margin of 17.57% and a return on equity of 2.35%. The business’s revenue was up 28.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.02 earnings per share. Research analysts predict that Realty Income Co. will post 4.19 EPS for the current year.

Realty Income Announces Dividend

The company also recently disclosed a feb 25 dividend, which will be paid on Friday, February 14th. Investors of record on Monday, February 3rd will be given a $0.264 dividend. This represents a dividend yield of 5.9%. The ex-dividend date of this dividend is Monday, February 3rd. Realty Income’s dividend payout ratio is currently 301.91%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Royal Bank of Canada reiterated an “outperform” rating and set a $62.00 target price on shares of Realty Income in a research report on Monday. Barclays initiated coverage on shares of Realty Income in a research report on Tuesday, December 17th. They issued an “equal weight” rating and a $59.00 price target on the stock. Deutsche Bank Aktiengesellschaft initiated coverage on Realty Income in a report on Wednesday, December 11th. They set a “hold” rating and a $62.00 target price on the stock. UBS Group reduced their price target on shares of Realty Income from $72.00 to $71.00 and set a “buy” rating on the stock in a research report on Thursday, November 14th. Finally, Mizuho lowered their price objective on shares of Realty Income from $60.00 to $54.00 and set a “neutral” rating for the company in a research report on Wednesday, January 8th. Twelve research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $62.04.

Realty Income 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.