Fjarde AP Fonden Fourth Swedish National Pension Fund Purchases 60,100 Shares of Realty Income Co. (NYSE:O)

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in Realty Income Co. (NYSE:O) by 45.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 193,153 shares of the real estate investment trust’s stock after acquiring an additional 60,100 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Realty Income were worth $10,316,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of O. Tcfg Wealth Management LLC raised its stake in shares of Realty Income by 2.9% in the fourth quarter. Tcfg Wealth Management LLC now owns 6,678 shares of the real estate investment trust’s stock worth $357,000 after buying an additional 186 shares during the period. Romano Brothers AND Company raised its stake in shares of Realty Income by 2.0% in the fourth quarter. Romano Brothers AND Company now owns 10,194 shares of the real estate investment trust’s stock worth $544,000 after buying an additional 200 shares during the period. Bay Rivers Group raised its stake in shares of Realty Income by 1.0% in the fourth quarter. Bay Rivers Group now owns 20,644 shares of the real estate investment trust’s stock worth $1,103,000 after buying an additional 200 shares during the period. Rosenberg Matthew Hamilton raised its stake in shares of Realty Income by 75.4% in the third quarter. Rosenberg Matthew Hamilton now owns 491 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 211 shares during the period. Finally, Howard Capital Management Inc. raised its stake in shares of Realty Income by 5.4% in the fourth quarter. Howard Capital Management Inc. now owns 4,456 shares of the real estate investment trust’s stock worth $238,000 after buying an additional 229 shares during the period. Institutional investors own 70.81% of the company’s stock.

Analyst Ratings Changes

O has been the topic of several recent research reports. Scotiabank decreased their price objective on Realty Income from $61.00 to $59.00 and set a “sector perform” rating on the stock in a research note on Thursday, January 16th. Mizuho decreased their price objective on Realty Income from $60.00 to $54.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 8th. Barclays cut their target price on Realty Income from $59.00 to $56.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 4th. Stifel Nicolaus cut their target price on Realty Income from $70.00 to $66.50 and set a “buy” rating for the company in a research report on Wednesday, January 8th. Finally, Deutsche Bank Aktiengesellschaft started coverage on Realty Income in a research report on Wednesday, December 11th. They set a “hold” rating and a $62.00 target price for the company. Ten research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $62.21.

Realty Income Price Performance

Shares of Realty Income stock opened at $57.14 on Monday. The stock has a market cap of $50.01 billion, a price-to-earnings ratio of 54.41, a price-to-earnings-growth ratio of 2.10 and a beta of 1.00. 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 stock has a 50 day moving average price of $53.92 and a 200-day moving average price of $58.05. Realty Income Co. has a one year low of $50.65 and a one year high of $64.88.

Realty Income Increases Dividend

The business also recently announced a mar 25 dividend, which will be paid on Friday, March 14th. Stockholders of record on Monday, March 3rd will be issued a $0.268 dividend. This is a boost from Realty Income’s previous mar 25 dividend of $0.26. The ex-dividend date is Monday, March 3rd. This represents a dividend yield of 5.7%. Realty Income’s payout ratio is 305.71%.

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.