Realty Income Co. (NYSE:O) Shares Bought by Signaturefd LLC

Signaturefd LLC raised its holdings in shares of Realty Income Co. (NYSE:O) by 81.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,246 shares of the real estate investment trust’s stock after acquiring an additional 8,200 shares during the period. Signaturefd LLC’s holdings in Realty Income were worth $1,048,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Baystate Wealth Management LLC grew its holdings in Realty Income by 62.7% during the fourth quarter. Baystate Wealth Management LLC now owns 493 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 190 shares during the period. CVA Family Office LLC purchased a new stake in Realty Income in the 4th quarter worth approximately $29,000. Manchester Capital Management LLC grew its stake in shares of Realty Income by 423.0% during the 3rd quarter. Manchester Capital Management LLC now owns 523 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 423 shares during the period. FinTrust Capital Advisors LLC increased its holdings in shares of Realty Income by 302.1% during the 3rd quarter. FinTrust Capital Advisors LLC now owns 571 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 429 shares in the last quarter. Finally, Operose Advisors LLC acquired a new position in shares of Realty Income in the 3rd quarter valued at $30,000. 70.81% of the stock is owned by hedge funds and other institutional investors.

Realty Income Stock Up 0.6 %

NYSE O opened at $53.34 on Tuesday. Realty Income Co. has a one year low of $45.03 and a one year high of $64.18. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.28 and a current ratio of 1.28. The business has a fifty day moving average price of $52.51 and a 200 day moving average price of $53.43. The company has a market cap of $45.93 billion, a P/E ratio of 42.33, a P/E/G ratio of 5.50 and a beta of 0.92.

Realty Income (NYSE:O) last posted its quarterly earnings results on Wednesday, February 21st. The real estate investment trust reported $0.30 earnings per share 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 business had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.02 billion. During the same period in the prior year, the business posted $1.00 earnings per share. The business’s quarterly revenue was up 21.1% on a year-over-year basis. Research analysts anticipate that Realty Income Co. will post 4.16 EPS for the current fiscal year.

Realty Income Dividend Announcement

The business also recently declared a may 24 dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Wednesday, May 1st will be given a $0.257 dividend. The ex-dividend date is Tuesday, April 30th. This represents a dividend yield of 5.9%. Realty Income’s dividend payout ratio (DPR) is presently 244.45%.

Analyst Ratings Changes

O has been the topic of several analyst reports. 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. BMO Capital Markets initiated coverage on Realty Income in a research report on Tuesday, February 13th. They set a “market perform” rating and a $57.00 target price on the stock. StockNews.com raised Realty Income from a “sell” rating to a “hold” rating in a report on Thursday, February 8th. Stifel Nicolaus dropped their price objective on Realty Income from $67.75 to $65.00 and set a “buy” rating on the stock in a report on Wednesday, February 21st. Finally, Mizuho reduced their target price on Realty Income from $60.00 to $56.00 and set a “buy” rating for the company in a research note on Thursday, March 7th. Eight equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $60.96.

Insider Activity at Realty Income

In related news, Director A. Larry Chapman sold 5,000 shares of the firm’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 completion of the sale, 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 SEC, which is available through the SEC website. Insiders own 0.10% of the company’s stock.

About Realty Income

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.