FSA Investment Group LLC Makes New Investment in Realty Income Co. (NYSE:O)

FSA Investment Group LLC bought a new position in Realty Income Co. (NYSE:O) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 4,638 shares of the real estate investment trust’s stock, valued at approximately $247,000. Realty Income comprises 0.2% of FSA Investment Group LLC’s investment portfolio, making the stock its 20th largest position.

Other large investors have also added to or reduced their stakes in the company. Parnassus Investments LLC boosted its stake in shares of Realty Income by 7.4% during the 3rd quarter. Parnassus Investments LLC now owns 24,448,225 shares of the real estate investment trust’s stock valued at $1,550,506,000 after purchasing an additional 1,676,293 shares in the last quarter. Geode Capital Management LLC boosted its position in Realty Income by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 22,815,454 shares of the real estate investment trust’s stock valued at $1,445,036,000 after acquiring an additional 242,786 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Realty Income by 5.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 9,729,229 shares of the real estate investment trust’s stock worth $617,028,000 after acquiring an additional 463,286 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Realty Income by 765.1% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,545,815 shares of the real estate investment trust’s stock valued at $478,556,000 after purchasing an additional 6,673,617 shares in the last quarter. Finally, Raymond James & Associates grew its stake in Realty Income by 92.4% in the third quarter. Raymond James & Associates now owns 6,479,542 shares of the real estate investment trust’s stock worth $410,932,000 after purchasing an additional 3,112,560 shares during the period. Institutional investors own 70.81% of the company’s stock.

Realty Income Stock Up 0.5 %

Shares of O opened at $54.31 on Friday. Realty Income Co. has a 12-month low of $50.65 and a 12-month high of $64.88. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $47.53 billion, a PE ratio of 51.73, a price-to-earnings-growth ratio of 1.94 and a beta of 1.00. The business’s 50 day moving average is $54.57 and its 200 day moving average is $58.43.

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

Realty Income Dividend Announcement

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

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. Royal Bank of Canada restated an “outperform” rating and set a $62.00 target price on shares of Realty Income in a report on Monday. UBS Group lowered their price target on Realty Income from $72.00 to $71.00 and set a “buy” rating on the stock in a report on Thursday, November 14th. Deutsche Bank Aktiengesellschaft initiated coverage on Realty Income in a research report on Wednesday, December 11th. They issued a “hold” rating and a $62.00 target price for the company. Barclays assumed coverage on shares of Realty Income in a report on Tuesday, December 17th. They set an “equal weight” rating and a $59.00 price target on the stock. Finally, Mizuho decreased their price objective on shares of Realty Income from $60.00 to $54.00 and set a “neutral” rating for the company in a report on Wednesday, January 8th. Twelve research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $62.04.

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.