Core Alternative Capital Has $6.15 Million Stake in Realty Income Co. (NYSE:O)

Core Alternative Capital grew its stake in shares of Realty Income Co. (NYSE:OFree Report) by 0.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 115,277 shares of the real estate investment trust’s stock after purchasing an additional 226 shares during the period. Core Alternative Capital’s holdings in Realty Income were worth $6,145,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in O. Wedmont Private Capital raised its holdings in Realty Income by 11.9% in the 3rd quarter. Wedmont Private Capital now owns 4,369 shares of the real estate investment trust’s stock valued at $269,000 after acquiring an additional 464 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt grew its holdings in shares of Realty Income by 286.1% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 3,282 shares of the real estate investment trust’s stock worth $208,000 after purchasing an additional 2,432 shares in the last quarter. Carnegie Investment Counsel increased its position in shares of Realty Income by 1.3% during the third quarter. Carnegie Investment Counsel now owns 81,011 shares of the real estate investment trust’s stock valued at $5,138,000 after purchasing an additional 1,024 shares during the period. Koshinski Asset Management Inc. acquired a new position in shares of Realty Income in the third quarter valued at $203,000. Finally, Gilman Hill Asset Management LLC bought a new position in Realty Income in the third quarter worth $275,000. Institutional investors own 70.81% of the company’s stock.

Realty Income Stock Performance

Shares of NYSE:O opened at $53.95 on Tuesday. The business has a fifty day moving average of $54.08 and a 200-day moving average of $58.30. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.40 and a current ratio of 1.40. Realty Income Co. has a twelve month low of $50.65 and a twelve month high of $64.88. The firm has a market cap of $47.22 billion, a PE ratio of 51.39, a price-to-earnings-growth ratio of 1.94 and a beta of 1.00.

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 $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 presently 301.91%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Royal Bank of Canada reissued an “outperform” rating and issued a $62.00 price target on shares of Realty Income in a report on Monday, January 27th. Deutsche Bank Aktiengesellschaft began coverage on shares of Realty Income in a research note on Wednesday, December 11th. They issued a “hold” rating and a $62.00 target price on the stock. Stifel Nicolaus decreased their price objective on Realty Income from $70.00 to $66.50 and set a “buy” rating on the stock in a report on Wednesday, January 8th. UBS Group lowered their price objective on Realty Income from $72.00 to $71.00 and set a “buy” rating on the stock in a research note on Thursday, November 14th. Finally, Mizuho decreased their price target on Realty Income from $60.00 to $54.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 8th. Eleven research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, Realty Income has an average rating of “Hold” and a consensus target price of $61.81.

Read Our Latest Research Report on O

Realty Income Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Realty Income (NYSE:O)

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