Certuity LLC Grows Position in Realty Income Co. (NYSE:O)

Certuity LLC raised its holdings in shares of Realty Income Co. (NYSE:O) by 28.4% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 7,772 shares of the real estate investment trust’s stock after purchasing an additional 1,721 shares during the period. Certuity LLC’s holdings in Realty Income were worth $415,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of O. Rosenberg Matthew Hamilton raised its position 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 acquiring an additional 211 shares in the last quarter. Creative Capital Management Investments LLC grew 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 purchasing an additional 300 shares during the last quarter. Luken Investment Analytics LLC bought a new position in Realty Income in the fourth quarter worth about $40,000. ST Germain D J Co. Inc. lifted its position 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 buying an additional 567 shares during the last quarter. Finally, Independence Bank of Kentucky boosted its holdings in shares of Realty Income by 54.5% in the 4th quarter. Independence Bank of Kentucky now owns 850 shares of the real estate investment trust’s stock valued at $45,000 after buying an additional 300 shares in the last quarter. Institutional investors own 70.81% of the company’s stock.

Realty Income Stock Performance

O opened at $54.10 on Thursday. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.68. Realty Income Co. has a 12-month low of $50.65 and a 12-month high of $64.88. The firm has a 50 day moving average of $53.99 and a two-hundred day moving average of $58.25. The firm has a market capitalization of $47.35 billion, a PE ratio of 51.52, a P/E/G ratio of 1.94 and a beta of 1.00.

Realty Income Dividend Announcement

The firm also recently announced a feb 25 dividend, which will be paid on Friday, February 14th. Investors 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 dividend payout ratio is presently 301.91%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Scotiabank decreased their target price on shares of Realty Income from $61.00 to $59.00 and set a “sector perform” rating for the company in a research report on Thursday, January 16th. Barclays decreased their price objective on Realty Income from $59.00 to $56.00 and set an “equal weight” rating for the company in a report on Tuesday, February 4th. Mizuho dropped 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. Deutsche Bank Aktiengesellschaft initiated coverage on Realty Income in a research note on Wednesday, December 11th. They issued a “hold” rating and a $62.00 price target for the company. Finally, Royal Bank of Canada restated an “outperform” rating and set a $62.00 price target on shares of Realty Income in a research note on Monday, January 27th. Eleven analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $61.81.

Realty Income 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.