Opus Capital Group LLC Reduces Position in Realty Income Co. (NYSE:O)

Opus Capital Group LLC lessened its position in shares of Realty Income Co. (NYSE:O) by 18.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,946 shares of the real estate investment trust’s stock after selling 1,115 shares during the quarter. Opus Capital Group LLC’s holdings in Realty Income were worth $264,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Rosenberg Matthew Hamilton grew its stake in shares of Realty Income by 75.4% in 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 last quarter. Sierra Ocean LLC purchased a new position in shares of Realty Income in the 4th quarter valued at approximately $32,000. Creative Capital Management Investments LLC grew its stake in shares of Realty Income by 133.3% in the 3rd 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 last quarter. ST Germain D J Co. Inc. grew its stake in shares of Realty Income by 306.5% in the 4th 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 during the last quarter. Finally, Luken Investment Analytics LLC purchased a new position in shares of Realty Income in the 4th quarter valued at approximately $40,000. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Realty Income Stock Down 0.7 %

O opened at $54.53 on Monday. The business’s fifty day moving average is $53.90 and its two-hundred day moving average is $58.17. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.40 and a current ratio of 1.40. The company has a market cap of $47.73 billion, a price-to-earnings ratio of 51.93, a PEG ratio of 1.94 and a beta of 1.00. Realty Income Co. has a one year low of $50.65 and a one year high of $64.88.

Realty Income Dividend Announcement

The company also recently announced a feb 25 dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were given a dividend of $0.264 per share. The ex-dividend date was Monday, February 3rd. This represents a yield of 5.9%. Realty Income’s payout ratio is 301.91%.

Analyst Ratings Changes

Several research analysts have weighed in on O shares. Barclays lowered their target price on Realty Income from $59.00 to $56.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 4th. Stifel Nicolaus lowered their target price on Realty Income from $70.00 to $66.50 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. UBS Group reduced their price target on Realty Income from $72.00 to $71.00 and set a “buy” rating for the company in a report on Thursday, November 14th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $62.00 price objective on shares of Realty Income in a report on Monday, January 27th. Finally, Scotiabank dropped their price objective on Realty Income from $61.00 to $59.00 and set a “sector perform” rating on the stock in a report on Thursday, January 16th. Ten investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Realty Income currently has a consensus rating of “Hold” and a consensus target price of $62.21.

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.