Fidelis Capital Partners LLC increased its position in Realty Income Co. (NYSE:O – Free Report) by 23.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,096 shares of the real estate investment trust’s stock after buying an additional 785 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Realty Income were worth $223,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Sierra Ocean LLC bought a new stake in Realty Income in the fourth quarter valued at approximately $32,000. BankPlus Trust Department bought a new stake in Realty Income in the fourth quarter valued at approximately $37,000. Luken Investment Analytics LLC bought a new stake in Realty Income in the fourth quarter valued at approximately $40,000. ST Germain D J Co. Inc. boosted its holdings in 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 acquiring an additional 567 shares during the last quarter. Finally, Independence Bank of Kentucky boosted its holdings in Realty Income by 54.5% in the fourth quarter. Independence Bank of Kentucky now owns 850 shares of the real estate investment trust’s stock valued at $45,000 after acquiring an additional 300 shares during the last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on the company. Barclays increased their price target on Realty Income from $56.00 to $59.00 and gave the stock an “equal weight” rating in a report on Tuesday. Scotiabank cut their price target on Realty Income from $59.00 to $57.00 and set a “sector perform” rating on the stock in a report on Friday, February 28th. BNP Paribas cut Realty Income from an “outperform” rating to a “neutral” rating and set a $61.00 price target on the stock. in a report on Tuesday, February 25th. UBS Group cut their price target on Realty Income from $72.00 to $71.00 and set a “buy” rating on the stock in a report on Thursday, November 14th. Finally, Stifel Nicolaus cut their price target on Realty Income from $70.00 to $66.50 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Eleven 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, the stock presently has an average rating of “Hold” and a consensus target price of $62.04.
Realty Income Trading Up 0.7 %
NYSE O opened at $58.16 on Thursday. Realty Income Co. has a 12 month low of $50.65 and a 12 month high of $64.88. The stock has a market cap of $51.85 billion, a P/E ratio of 55.39, a P/E/G ratio of 2.10 and a beta of 1.00. The stock’s fifty day moving average price is $54.53 and its 200-day moving average price is $57.89. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.68.
Realty Income (NYSE:O – Get Free Report) last released its quarterly earnings data on Monday, February 24th. The real estate investment trust reported $1.05 EPS for the quarter, missing the consensus estimate of $1.06 by ($0.01). Realty Income had a net margin of 17.57% and a return on equity of 2.35%. The business had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.28 billion. As a group, equities analysts forecast that Realty Income Co. will post 4.19 EPS for the current fiscal year.
Realty Income Increases Dividend
The business also recently disclosed a mar 25 dividend, which will be paid on Friday, March 14th. Stockholders of record on Monday, March 3rd will be paid a $0.268 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a dividend yield of 5.7%. This is an increase from Realty Income’s previous mar 25 dividend of $0.26. Realty Income’s dividend payout ratio (DPR) is 327.55%.
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.
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