Realty Income Co. (NYSE:O) Shares Purchased by Prairiewood Capital LLC

Prairiewood Capital LLC grew its stake in shares of Realty Income Co. (NYSE:O) by 5.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 70,885 shares of the real estate investment trust’s stock after buying an additional 3,499 shares during the quarter. Realty Income comprises 1.6% of Prairiewood Capital LLC’s holdings, making the stock its 18th biggest position. Prairiewood Capital LLC’s holdings in Realty Income were worth $3,786,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in O. ZWJ Investment Counsel Inc. lifted its position in shares of Realty Income by 0.6% during the 3rd quarter. ZWJ Investment Counsel Inc. now owns 29,279 shares of the real estate investment trust’s stock valued at $1,857,000 after acquiring an additional 164 shares during the last quarter. Whittier Trust Co. boosted its position in Realty Income by 4.5% during the third quarter. Whittier Trust Co. now owns 3,871 shares of the real estate investment trust’s stock valued at $245,000 after purchasing an additional 166 shares during the last quarter. Greenleaf Trust grew its stake in shares of Realty Income by 1.0% in the 3rd quarter. Greenleaf Trust now owns 16,911 shares of the real estate investment trust’s stock valued at $1,072,000 after buying an additional 170 shares in the last quarter. Grove Bank & Trust grew its position in Realty Income by 14.3% in the third quarter. Grove Bank & Trust now owns 1,409 shares of the real estate investment trust’s stock worth $89,000 after acquiring an additional 176 shares in the last quarter. Finally, Buckley Wealth Management LLC increased its position in Realty Income by 1.9% during the third quarter. Buckley Wealth Management LLC now owns 9,450 shares of the real estate investment trust’s stock worth $599,000 after buying an additional 176 shares during the last quarter. Institutional investors own 70.81% of the company’s stock.

Realty Income Stock Up 0.1 %

Shares of NYSE O opened at $54.62 on Tuesday. The firm’s 50-day moving average is $54.92 and its 200-day moving average is $58.41. 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 firm has a market capitalization of $47.80 billion, a PE ratio of 52.02, a price-to-earnings-growth ratio of 1.85 and a beta of 1.00.

Realty Income (NYSE:O) last posted its earnings results on Monday, November 4th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate 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 quarter in the previous year, the firm posted $1.02 earnings per share. Realty Income’s quarterly revenue was up 28.1% compared to the same quarter last year. Equities analysts expect that Realty Income Co. will post 4.19 EPS for the current year.

Realty Income Dividend Announcement

The firm also recently declared a feb 25 dividend, which will be paid on Friday, February 14th. Shareholders of record on Monday, February 3rd will be issued a $0.264 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This represents a dividend yield of 5.9%. Realty Income’s dividend payout ratio (DPR) is currently 300.95%.

Wall Street Analyst Weigh In

O has been the topic of several analyst reports. Barclays began coverage on Realty Income in a report on Tuesday, December 17th. They set an “equal weight” rating and a $59.00 price target on the stock. Mizuho cut their price target on Realty Income from $60.00 to $54.00 and set a “neutral” rating for the company in a report on Wednesday, January 8th. Stifel Nicolaus reduced their price objective on shares of Realty Income from $70.00 to $66.50 and set a “buy” rating for the company in a report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft assumed coverage on Realty Income in a research report on Wednesday, December 11th. They set a “hold” rating and a $62.00 target price for the company. Finally, UBS Group reduced their price target on shares of Realty Income from $72.00 to $71.00 and set a “buy” rating on the stock in a research report on Thursday, November 14th. Twelve investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $62.12.

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.