Realty Income Co. (NYSE:O) Shares Sold by Householder Group Estate & Retirement Specialist LLC

Householder Group Estate & Retirement Specialist LLC lessened its stake in Realty Income Co. (NYSE:O) by 71.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 2,723 shares of the real estate investment trust’s stock after selling 6,763 shares during the period. Householder Group Estate & Retirement Specialist LLC’s holdings in Realty Income were worth $145,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Mutual of America Capital Management LLC raised its holdings in shares of Realty Income by 0.7% during the 2nd quarter. Mutual of America Capital Management LLC now owns 115,367 shares of the real estate investment trust’s stock worth $6,094,000 after acquiring an additional 778 shares during the period. Argent Trust Co raised its stake in Realty Income by 36.5% during the second quarter. Argent Trust Co now owns 5,907 shares of the real estate investment trust’s stock worth $312,000 after purchasing an additional 1,580 shares during the period. Vanguard Personalized Indexing Management LLC boosted its holdings in Realty Income by 15.4% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 73,994 shares of the real estate investment trust’s stock valued at $3,726,000 after purchasing an additional 9,874 shares during the last quarter. Kentucky Retirement Systems grew its stake in shares of Realty Income by 3.9% in the 2nd quarter. Kentucky Retirement Systems now owns 65,618 shares of the real estate investment trust’s stock valued at $3,466,000 after buying an additional 2,461 shares during the period. Finally, Brighton Jones LLC increased its holdings in shares of Realty Income by 5.2% during the 2nd quarter. Brighton Jones LLC now owns 5,941 shares of the real estate investment trust’s stock worth $314,000 after buying an additional 294 shares during the last quarter. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Analyst Upgrades and Downgrades

O has been the subject of several analyst reports. Mizuho lowered their price objective on Realty Income from $60.00 to $54.00 and set a “neutral” rating for the company in a research report on Wednesday, January 8th. Stifel Nicolaus lowered their price target on Realty Income from $70.00 to $66.50 and set a “buy” rating for the company in a report on Wednesday, January 8th. Scotiabank reduced their price objective on shares of Realty Income from $61.00 to $59.00 and set a “sector perform” rating on the stock in a report on Thursday. UBS Group lowered their target price on shares of Realty Income from $72.00 to $71.00 and set a “buy” rating for the company in a research note on Thursday, November 14th. Finally, Barclays began coverage on shares of Realty Income in a report on Tuesday, December 17th. They issued an “equal weight” rating and a $59.00 price objective on the stock. Twelve equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $62.12.

Realty Income Stock Performance

NYSE O opened at $54.62 on Friday. The company has a fifty day moving average of $54.97 and a two-hundred day moving average of $58.31. 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 Co. has a 1 year low of $50.65 and a 1 year high of $64.88. The company has a market capitalization of $47.80 billion, a PE ratio of 52.02, a P/E/G ratio of 1.85 and a beta of 1.00.

Realty Income (NYSE:O) last announced its earnings results on Monday, November 4th. The real estate investment trust reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.75). The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.26 billion. Realty Income had a net margin of 17.57% and a return on equity of 2.35%. The business’s revenue was up 28.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.02 earnings per share. As a group, analysts expect that Realty Income Co. will post 4.19 earnings per share for the current year.

Realty Income Announces Dividend

The business also recently disclosed a feb 25 dividend, which will be paid on Friday, February 14th. Shareholders of record on Monday, February 3rd will be given a dividend of $0.264 per share. The ex-dividend date of this dividend is Monday, February 3rd. This represents a yield of 5.9%. Realty Income’s payout ratio is 301.91%.

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.