Realty Income Co. (NYSE:O) Stock Holdings Raised by Mizuho Securities USA LLC

Mizuho Securities USA LLC raised its stake in Realty Income Co. (NYSE:O) by 46.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 82,950 shares of the real estate investment trust’s stock after purchasing an additional 26,479 shares during the period. Mizuho Securities USA LLC’s holdings in Realty Income were worth $4,430,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Geode Capital Management LLC grew its position in shares of Realty Income by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 22,815,454 shares of the real estate investment trust’s stock valued at $1,445,036,000 after buying an additional 242,786 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Realty Income during the 4th quarter valued at about $553,572,000. Charles Schwab Investment Management Inc. grew its position in shares of Realty Income by 2.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 9,989,300 shares of the real estate investment trust’s stock valued at $533,529,000 after buying an additional 260,071 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Realty Income by 765.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,545,815 shares of the real estate investment trust’s stock valued at $478,556,000 after buying an additional 6,673,617 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Realty Income by 0.9% during the 4th quarter. Bank of New York Mellon Corp now owns 5,847,484 shares of the real estate investment trust’s stock valued at $312,314,000 after purchasing an additional 50,670 shares during the period. Institutional investors own 70.81% of the company’s stock.

Wall Street Analyst Weigh In

O has been the subject of a number of analyst reports. Royal Bank of Canada reduced their target price on shares of Realty Income from $62.00 to $60.00 and set an “outperform” rating for the company in a research note on Wednesday, February 26th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Realty Income in a research note on Wednesday, December 11th. They set a “hold” rating and a $62.00 target price for the company. Scotiabank reduced their target price on shares of Realty Income from $59.00 to $57.00 and set a “sector perform” rating for the company in a research note on Friday, February 28th. BNP Paribas lowered shares of Realty Income from an “outperform” rating to a “neutral” rating and set a $61.00 target price for the company. in a research note on Tuesday, February 25th. Finally, Mizuho reduced their target price on shares of Realty Income from $60.00 to $54.00 and set a “neutral” rating for the company in a research note on Wednesday, January 8th. Eleven analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Realty Income has an average rating of “Hold” and an average target price of $62.04.

Realty Income Stock Down 1.2 %

O stock opened at $55.79 on Monday. Realty Income Co. has a 12 month low of $50.65 and a 12 month high of $64.88. The firm has a market cap of $49.73 billion, a PE ratio of 53.13, a P/E/G ratio of 2.10 and a beta of 1.00. The firm has a 50 day simple moving average of $55.52 and a 200 day simple moving average of $57.47. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.40 and a quick ratio of 1.40.

Realty Income (NYSE:O) last released its earnings results 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 analyst estimates of $1.28 billion. Equities research analysts forecast that Realty Income Co. will post 4.19 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The firm also recently announced a apr 25 dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be paid a dividend of $0.2685 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This is a positive change from Realty Income’s previous apr 25 dividend of $0.27. This represents a yield of 5.7%. Realty Income’s dividend payout ratio is currently 328.57%.

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.