Realty Income Co. (NYSE:O) Shares Acquired by Headlands Technologies LLC

Headlands Technologies LLC lifted its position in Realty Income Co. (NYSE:O) by 423.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,063 shares of the real estate investment trust’s stock after acquiring an additional 860 shares during the period. Headlands Technologies LLC’s holdings in Realty Income were worth $61,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SVB Wealth LLC boosted its holdings in shares of Realty Income by 53.8% in the 4th quarter. SVB Wealth LLC now owns 7,656 shares of the real estate investment trust’s stock valued at $440,000 after acquiring an additional 2,677 shares during the last quarter. Dynamic Advisor Solutions LLC lifted its position in Realty Income by 82.5% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 11,570 shares of the real estate investment trust’s stock valued at $670,000 after purchasing an additional 5,231 shares during the period. LexAurum Advisors LLC purchased a new stake in Realty Income in the fourth quarter valued at $203,000. Vest Financial LLC grew its position in Realty Income by 50.3% during the 4th quarter. Vest Financial LLC now owns 540,531 shares of the real estate investment trust’s stock worth $31,037,000 after purchasing an additional 180,974 shares during the period. Finally, Sowell Financial Services LLC raised its stake in shares of Realty Income by 21.0% during the 4th quarter. Sowell Financial Services LLC now owns 21,230 shares of the real estate investment trust’s stock valued at $1,224,000 after buying an additional 3,681 shares during the last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. StockNews.com upgraded Realty Income from a “sell” rating to a “hold” rating in a research note on Thursday, February 8th. BMO Capital Markets assumed coverage on shares of Realty Income in a research note on Tuesday, February 13th. They set a “market perform” rating and a $57.00 price objective on the stock. Stifel Nicolaus decreased their target price on shares of Realty Income from $67.75 to $65.00 and set a “buy” rating for the company in a research note on Wednesday, February 21st. Royal Bank of Canada raised their price target on shares of Realty Income from $58.00 to $60.00 and gave the company an “outperform” rating in a research report on Thursday, January 11th. Finally, Mizuho decreased their price objective on shares of Realty Income from $60.00 to $56.00 and set a “buy” rating for the company in a research report on Thursday, March 7th. Eight research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $60.96.

Realty Income Stock Up 0.7 %

Shares of NYSE O opened at $53.91 on Thursday. Realty Income Co. has a 52-week low of $45.03 and a 52-week high of $64.18. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.64. The company’s 50-day simple moving average is $52.74 and its 200-day simple moving average is $53.57. The firm has a market cap of $46.42 billion, a price-to-earnings ratio of 42.79, a price-to-earnings-growth ratio of 5.56 and a beta of 0.92.

Realty Income (NYSE:O) last posted its quarterly earnings data on Wednesday, February 21st. The real estate investment trust reported $0.30 EPS for the quarter, missing the consensus estimate of $1.02 by ($0.72). Realty Income had a return on equity of 4.06% and a net margin of 21.39%. The firm had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.02 billion. During the same quarter last year, the firm posted $1.00 earnings per share. Realty Income’s quarterly revenue was up 21.1% on a year-over-year basis. Equities analysts predict that Realty Income Co. will post 4.16 EPS for the current fiscal year.

Realty Income Dividend Announcement

The company also recently disclosed a may 24 dividend, which will be paid on Wednesday, May 15th. Investors of record on Wednesday, May 1st will be paid a $0.257 dividend. This represents a yield of 5.9%. The ex-dividend date is Tuesday, April 30th. Realty Income’s dividend payout ratio is currently 244.45%.

Insider Buying and Selling at Realty Income

In related news, Director A. Larry Chapman sold 5,000 shares of the business’s stock in a transaction dated Tuesday, April 9th. The shares were sold at an average price of $54.23, for a total transaction of $271,150.00. Following the transaction, the director now directly owns 6,257 shares in the company, valued at $339,317.11. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.10% of the stock is currently owned by 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.