9,043 Shares in Realty Income Co. (NYSE:O) Acquired by GWN Securities Inc.

GWN Securities Inc. purchased a new position in shares of Realty Income Co. (NYSE:O) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,043 shares of the real estate investment trust’s stock, valued at approximately $491,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Tcfg Wealth Management LLC increased its position in shares of Realty Income by 2.9% in the fourth quarter. Tcfg Wealth Management LLC now owns 6,678 shares of the real estate investment trust’s stock worth $357,000 after acquiring an additional 186 shares in the last quarter. Romano Brothers AND Company increased its position in shares of Realty Income by 2.0% in the fourth quarter. Romano Brothers AND Company now owns 10,194 shares of the real estate investment trust’s stock worth $544,000 after acquiring an additional 200 shares in the last quarter. Bay Rivers Group increased its position in shares of Realty Income by 1.0% in the fourth quarter. Bay Rivers Group now owns 20,644 shares of the real estate investment trust’s stock worth $1,103,000 after acquiring an additional 200 shares in the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of Realty Income by 11.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,144 shares of the real estate investment trust’s stock valued at $115,000 after purchasing an additional 218 shares during the period. Finally, Howard Capital Management Inc. boosted its stake in shares of Realty Income by 5.4% in the fourth quarter. Howard Capital Management Inc. now owns 4,456 shares of the real estate investment trust’s stock valued at $238,000 after purchasing an additional 229 shares during the period. Institutional investors and hedge funds own 70.81% of the company’s stock.

Realty Income Price Performance

Shares of Realty Income stock opened at $56.79 on Monday. The firm has a fifty day simple moving average of $55.11 and a 200-day simple moving average of $57.66. 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 1-year low of $50.65 and a 1-year high of $64.88. The stock has a market capitalization of $50.63 billion, a price-to-earnings ratio of 54.09, a PEG ratio of 2.10 and a beta of 1.00.

Realty Income (NYSE:O) last released its earnings results on Monday, February 24th. The real estate investment trust reported $1.05 EPS for the quarter, missing the consensus estimate of $1.06 by ($0.01). The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.28 billion. Realty Income had a net margin of 17.57% and a return on equity of 2.35%. On average, sell-side analysts expect that Realty Income Co. will post 4.19 earnings per share for the current year.

Realty Income Increases Dividend

The firm also recently declared a apr 25 dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be issued a $0.2685 dividend. This represents a yield of 5.7%. The ex-dividend date of this dividend is Tuesday, April 1st. This is a positive change from Realty Income’s previous apr 25 dividend of $0.27. Realty Income’s payout ratio is 327.55%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Mizuho decreased their target price on shares of Realty Income from $60.00 to $54.00 and set a “neutral” rating for the company in a research note on Wednesday, January 8th. Stifel Nicolaus decreased their target price on shares of Realty Income from $70.00 to $66.50 and set a “buy” rating for the company in a research note on Wednesday, January 8th. Scotiabank decreased their target price on shares of Realty Income from $59.00 to $57.00 and set a “sector perform” rating for the company in a research note on Friday, February 28th. Deutsche Bank Aktiengesellschaft assumed 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 for the company. Finally, Barclays upped their target price on shares of Realty Income from $56.00 to $59.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 4th. Eleven analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $62.04.

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.