Financial Partners Group Inc Has $394,000 Stock Position in Realty Income Co. (NYSE:O)

Financial Partners Group Inc lowered its position in Realty Income Co. (NYSE:O) by 6.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,375 shares of the real estate investment trust’s stock after selling 528 shares during the quarter. Financial Partners Group Inc’s holdings in Realty Income were worth $394,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of O. Trust Co. of Vermont lifted its position in shares of Realty Income by 12.7% in the fourth quarter. Trust Co. of Vermont now owns 253,503 shares of the real estate investment trust’s stock worth $13,540,000 after buying an additional 28,480 shares during the last quarter. Atlanta Consulting Group Advisors LLC bought a new position in shares of Realty Income in the 3rd quarter valued at approximately $896,000. Code Waechter LLC acquired a new stake in Realty Income in the 3rd quarter worth approximately $1,308,000. Charles Schwab Investment Management Inc. boosted its position in Realty Income by 5.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 9,729,229 shares of the real estate investment trust’s stock worth $617,028,000 after purchasing an additional 463,286 shares during the period. Finally, Swiss National Bank grew its holdings in Realty Income by 1.4% during the third quarter. Swiss National Bank now owns 2,584,694 shares of the real estate investment trust’s stock valued at $163,921,000 after purchasing an additional 35,100 shares during the last quarter. 70.81% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on O. Mizuho cut their price objective on Realty Income from $60.00 to $54.00 and set a “neutral” rating for the company in a research report on Wednesday, January 8th. 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 for the company. Scotiabank reduced their price objective on 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. Deutsche Bank Aktiengesellschaft started coverage on shares of Realty Income in a research report on Wednesday, December 11th. They set a “hold” rating and a $62.00 target price on the stock. Finally, UBS Group reduced their price target on shares of Realty Income from $72.00 to $71.00 and set a “buy” rating for the company in a 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.com, Realty Income currently has a consensus rating of “Hold” and an average price target of $62.04.

Realty Income Trading Up 0.6 %

Shares of NYSE O opened at $54.64 on Monday. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.68. Realty Income Co. has a twelve month low of $50.65 and a twelve month high of $64.88. The company’s fifty day moving average is $54.45 and its 200-day moving average is $58.41. The stock has a market cap of $47.82 billion, a price-to-earnings ratio of 52.04, a P/E/G ratio of 1.96 and a beta of 1.00.

Realty Income (NYSE:O) last released its quarterly earnings results on Monday, November 4th. The real estate investment trust reported $0.30 earnings per share for the quarter, missing the consensus estimate of $1.05 by ($0.75). The company had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.26 billion. Realty Income had a net margin of 17.57% and a return on equity of 2.35%. The firm’s quarterly revenue was up 28.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.02 EPS. Equities research analysts predict that Realty Income Co. will post 4.19 EPS for the current year.

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 issued a dividend of $0.264 per share. This represents a yield of 5.9%. The ex-dividend date of this dividend is Monday, February 3rd. Realty Income’s payout ratio is 301.91%.

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.