Quotient Wealth Partners LLC Buys Shares of 4,192 Realty Income Corporation $O

Quotient Wealth Partners LLC bought a new stake in Realty Income Corporation (NYSE:O) in the second quarter, HoldingsChannel reports. The institutional investor bought 4,192 shares of the real estate investment trust’s stock, valued at approximately $242,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Compagnie Lombard Odier SCmA acquired a new stake in Realty Income in the second quarter valued at $25,000. Keystone Global Partners LLC acquired a new stake in Realty Income in the first quarter valued at $26,000. FSC Wealth Advisors LLC lifted its holdings in Realty Income by 288.0% in the first quarter. FSC Wealth Advisors LLC now owns 613 shares of the real estate investment trust’s stock valued at $36,000 after acquiring an additional 455 shares during the period. Hilltop National Bank acquired a new stake in Realty Income in the second quarter valued at $36,000. Finally, CBIZ Investment Advisory Services LLC lifted its holdings 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 acquiring an additional 303 shares during the period. Institutional investors and hedge funds own 70.81% of the company’s stock.

Realty Income Trading Up 1.1%

Realty Income stock opened at $59.97 on Monday. The stock has a market cap of $54.83 billion, a PE ratio of 58.22, a P/E/G ratio of 4.58 and a beta of 0.78. The stock has a 50-day moving average price of $59.16 and a 200 day moving average price of $57.56. Realty Income Corporation has a 52 week low of $50.71 and a 52 week high of $64.88. The company has a current ratio of 1.85, a quick ratio of 1.85 and a debt-to-equity ratio of 0.72.

Realty Income (NYSE:O) last posted its quarterly earnings data on Wednesday, August 6th. The real estate investment trust reported $1.05 EPS for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.01). The company had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.33 billion. Realty Income had a return on equity of 2.34% and a net margin of 16.77%.The company’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.07 EPS. Equities research analysts predict that Realty Income Corporation will post 4.19 earnings per share for the current fiscal year.

Realty Income Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 31st will be given a dividend of $0.2695 per share. This represents a c) dividend on an annualized basis and a yield of 5.4%. The ex-dividend date is Friday, October 31st. Realty Income’s dividend payout ratio (DPR) is currently 313.59%.

Analyst Ratings Changes

Several research firms have recently issued reports on O. Mizuho lifted their price target on Realty Income from $60.00 to $63.00 and gave the stock a “neutral” rating in a research note on Thursday, September 11th. Cantor Fitzgerald began coverage on Realty Income in a research note on Wednesday, October 1st. They set a “neutral” rating and a $64.00 price target for the company. Wolfe Research downgraded Realty Income from an “outperform” rating to a “peer perform” rating in a research note on Monday, July 14th. Barclays lifted their price target on Realty Income from $58.00 to $59.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 20th. Finally, UBS Group lifted their price target on Realty Income from $62.00 to $66.00 and gave the stock a “buy” rating in a research note on Friday, August 15th. Three equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $62.25.

Insider Buying and Selling

In related news, Director Mary Hogan Preusse sold 11,000 shares of Realty Income stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $60.43, for a total transaction of $664,730.00. Following the completion of the sale, the director owned 19,211 shares in the company, valued at approximately $1,160,920.73. This trade represents a 36.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.10% of the company’s stock.

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.