Nicholas Wealth LLC. Increases Stock Holdings in Realty Income Corporation $O

Nicholas Wealth LLC. lifted its stake in shares of Realty Income Corporation (NYSE:O) by 25.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,778 shares of the real estate investment trust’s stock after purchasing an additional 3,754 shares during the period. Nicholas Wealth LLC.’s holdings in Realty Income were worth $1,082,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in O. Compagnie Lombard Odier SCmA purchased a new position in Realty Income in the 2nd quarter worth approximately $25,000. Keystone Global Partners LLC acquired a new stake in shares of Realty Income during the 1st quarter worth about $26,000. Avion Wealth raised its holdings in Realty Income by 142.4% in the 2nd quarter. Avion Wealth now owns 526 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 309 shares during the period. Hilltop National Bank purchased a new stake in Realty Income in the 2nd quarter valued at about $36,000. Finally, CBIZ Investment Advisory Services LLC lifted its position in Realty Income by 87.6% in the first quarter. CBIZ Investment Advisory Services LLC now owns 649 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 303 shares during the last quarter. 70.81% of the stock is owned by institutional investors and hedge funds.

Realty Income Stock Performance

Shares of O stock opened at $57.35 on Wednesday. Realty Income Corporation has a 52 week low of $50.71 and a 52 week high of $61.08. The firm has a 50 day moving average of $58.96 and a two-hundred day moving average of $57.86. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $52.76 billion, a PE ratio of 55.68, a P/E/G ratio of 4.46 and a beta of 0.77.

Realty Income (NYSE:O) last released its earnings results on Monday, November 3rd. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.01. Realty Income had a return on equity of 2.34% and a net margin of 16.77%.The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.35 billion. During the same period last year, the business posted $1.05 earnings per share. Realty Income’s revenue was up 10.5% compared to the same quarter last year. Realty Income has set its FY 2025 guidance at 4.250-4.270 EPS. On average, research analysts predict that Realty Income Corporation will post 4.19 EPS for the current fiscal year.

Realty Income Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, November 28th will be issued a dividend of $0.2695 per share. This represents a c) annualized dividend and a yield of 5.6%. The ex-dividend date is Friday, November 28th. Realty Income’s payout ratio is 299.07%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on O shares. Evercore ISI started coverage on shares of Realty Income in a research report on Wednesday, October 1st. They set an “in-line” rating and a $62.00 price target for the company. Scotiabank lifted their target price on shares of Realty Income from $58.00 to $60.00 and gave the company a “sector perform” rating in a report on Thursday, August 28th. Mizuho boosted their target price on Realty Income from $60.00 to $63.00 and gave the company a “neutral” rating in a research report on Thursday, September 11th. Weiss Ratings restated a “hold (c+)” rating on shares of Realty Income in a research report on Thursday, November 13th. Finally, UBS Group lifted their price objective on Realty Income from $62.00 to $66.00 and gave the company a “buy” rating in a research note on Friday, August 15th. Three research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $62.33.

Insider Buying and Selling

In other Realty Income news, Director Mary Hogan Preusse sold 11,000 shares of the stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $60.43, for a total value of $664,730.00. Following the sale, the director directly owned 19,211 shares of the company’s stock, valued at approximately $1,160,920.73. This represents a 36.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.10% of the stock is owned by company insiders.

Realty Income Company 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.