Realty Income Co. (NYSE:O) Stock Position Decreased by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC lowered its holdings in Realty Income Co. (NYSE:O) by 7.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,276 shares of the real estate investment trust’s stock after selling 644 shares during the period. Foundations Investment Advisors LLC’s holdings in Realty Income were worth $442,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Rosenberg Matthew Hamilton lifted its holdings in shares of Realty Income by 75.4% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 491 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 211 shares during the last quarter. Creative Capital Management Investments LLC lifted its stake in Realty Income by 133.3% in the third quarter. Creative Capital Management Investments LLC now owns 525 shares of the real estate investment trust’s stock valued at $33,000 after buying an additional 300 shares during the last quarter. ST Germain D J Co. Inc. boosted its holdings in shares of Realty Income by 306.5% during the fourth quarter. ST Germain D J Co. Inc. now owns 752 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 567 shares during the period. Pacifica Partners Inc. grew its position in shares of Realty Income by 89.2% during the third quarter. Pacifica Partners Inc. now owns 927 shares of the real estate investment trust’s stock worth $59,000 after acquiring an additional 437 shares during the last quarter. Finally, First Horizon Advisors Inc. increased its holdings in shares of Realty Income by 313.5% in the 3rd quarter. First Horizon Advisors Inc. now owns 947 shares of the real estate investment trust’s stock worth $60,000 after acquiring an additional 718 shares during the period. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Realty Income Trading Up 0.5 %

Realty Income stock opened at $54.31 on Friday. The firm has a market cap of $47.53 billion, a price-to-earnings ratio of 51.73, a price-to-earnings-growth ratio of 1.93 and a beta of 1.00. Realty Income Co. has a 1 year low of $50.65 and a 1 year high of $64.88. The firm’s 50 day moving average price is $54.57 and its two-hundred day moving average price is $58.43. 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 (NYSE:O) last announced its earnings results on Monday, November 4th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.75). Realty Income had a return on equity of 2.35% and a net margin of 17.57%. The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.26 billion. During the same period last year, the firm earned $1.02 earnings per share. The firm’s revenue for the quarter was up 28.1% on a year-over-year basis. On average, research analysts predict that Realty Income Co. will post 4.19 EPS for the current fiscal year.

Realty Income Announces Dividend

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

Analysts Set New Price Targets

O has been the subject of a number of analyst reports. Barclays assumed coverage on shares of Realty Income in a research note on Tuesday, December 17th. They set an “equal weight” rating and a $59.00 target price for the company. Stifel Nicolaus decreased their price objective on Realty Income from $70.00 to $66.50 and set a “buy” rating for the company in a report on Wednesday, January 8th. Mizuho cut their target price 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. Scotiabank decreased their price target on Realty Income from $61.00 to $59.00 and set a “sector perform” rating for the company in a research note on Thursday, January 16th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Realty Income in a research note on Wednesday, December 11th. They set a “hold” rating and a $62.00 price objective on the stock. Twelve equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Realty Income presently has an average rating of “Hold” and an average target price of $62.04.

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.