PFG Investments LLC Increases Position in Realty Income Co. (NYSE:O)

PFG Investments LLC boosted its position in Realty Income Co. (NYSE:O) by 4.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 29,292 shares of the real estate investment trust’s stock after acquiring an additional 1,144 shares during the period. PFG Investments LLC’s holdings in Realty Income were worth $1,564,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rosenberg Matthew Hamilton boosted its position in shares of Realty Income by 75.4% in the third 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 during the last quarter. Creative Capital Management Investments LLC boosted its holdings in shares of Realty Income by 133.3% in the 3rd 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. ST Germain D J Co. Inc. boosted its holdings in shares of Realty Income by 306.5% in the 4th quarter. ST Germain D J Co. Inc. now owns 752 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 567 shares during the last quarter. Pacifica Partners Inc. grew its stake in shares of Realty Income by 89.2% during the 3rd quarter. Pacifica Partners Inc. now owns 927 shares of the real estate investment trust’s stock valued at $59,000 after buying an additional 437 shares during the period. Finally, First Horizon Advisors Inc. increased its holdings in shares of Realty Income by 313.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 947 shares of the real estate investment trust’s stock worth $60,000 after buying an additional 718 shares during the last quarter. 70.81% of the stock is owned by hedge funds and other institutional investors.

Realty Income Stock Up 3.1 %

Shares of Realty Income stock opened at $56.03 on Tuesday. Realty Income Co. has a 1-year low of $50.65 and a 1-year high of $64.88. The company has a market capitalization of $49.03 billion, a PE ratio of 53.36, a P/E/G ratio of 1.93 and a beta of 1.00. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.40 and a quick ratio of 1.40. The business has a 50-day moving average of $54.68 and a 200-day moving average of $58.46.

Realty Income (NYSE:O) last issued its quarterly earnings data on Monday, November 4th. The real estate investment trust reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.75). The business had revenue of $1.33 billion for 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%. Realty Income’s revenue for the quarter was up 28.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.02 EPS. As a group, equities analysts forecast that Realty Income Co. will post 4.19 EPS for the current fiscal year.

Realty Income Dividend Announcement

The business also recently disclosed a feb 25 dividend, which will be paid on Friday, February 14th. Shareholders 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 is Monday, February 3rd. Realty Income’s dividend payout ratio is currently 301.91%.

Analyst Upgrades and Downgrades

O has been the topic of a number of research analyst reports. Mizuho reduced their target price on Realty Income from $60.00 to $54.00 and set a “neutral” rating on the stock in a report on Wednesday, January 8th. Royal Bank of Canada reiterated an “outperform” rating and set a $62.00 target price on shares of Realty Income in a report on Monday. Wells Fargo & Company reissued an “equal weight” rating and set a $65.00 target price (up previously from $62.00) on shares of Realty Income in a research report on Tuesday, October 1st. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Realty Income in a research report on Wednesday, December 11th. They set a “hold” rating and a $62.00 price target on the stock. Finally, Barclays started coverage on shares of Realty Income in a research report on Tuesday, December 17th. They issued an “equal weight” rating and a $59.00 price objective for the company. Twelve analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Realty Income currently has a consensus rating of “Hold” and a consensus price target 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.