Realty Income Co. (NYSE:O) Holdings Raised by SS&H Financial Advisors Inc.

SS&H Financial Advisors Inc. grew its stake in shares of Realty Income Co. (NYSE:O) by 16.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,867 shares of the real estate investment trust’s stock after acquiring an additional 817 shares during the period. SS&H Financial Advisors Inc.’s holdings in Realty Income were worth $314,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of O. Fifth Third Wealth Advisors LLC increased its holdings in Realty Income by 24.4% in the fourth quarter. Fifth Third Wealth Advisors LLC now owns 14,384 shares of the real estate investment trust’s stock worth $768,000 after buying an additional 2,817 shares during the last quarter. Oak Thistle LLC bought a new stake in Realty Income in the fourth quarter worth approximately $1,107,000. Sovereign Financial Group Inc. increased its stake in shares of Realty Income by 19.3% during the 4th quarter. Sovereign Financial Group Inc. now owns 5,202 shares of the real estate investment trust’s stock worth $278,000 after purchasing an additional 840 shares during the last quarter. Rosenberg Matthew Hamilton raised its holdings in shares of Realty Income by 170.7% during the 4th quarter. Rosenberg Matthew Hamilton now owns 1,329 shares of the real estate investment trust’s stock valued at $71,000 after purchasing an additional 838 shares in the last quarter. Finally, Code Waechter LLC lifted its stake in shares of Realty Income by 1.7% in the 4th quarter. Code Waechter LLC now owns 20,982 shares of the real estate investment trust’s stock valued at $1,121,000 after purchasing an additional 358 shares during the last quarter. 70.81% of the stock is owned by institutional investors and hedge funds.

Realty Income Stock Up 1.4 %

Shares of O opened at $53.19 on Wednesday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.40 and a current ratio of 1.40. The company has a 50-day simple moving average of $55.09 and a 200-day simple moving average of $58.37. Realty Income Co. has a 52 week low of $50.65 and a 52 week high of $64.88. The firm has a market capitalization of $46.55 billion, a P/E ratio of 50.66, a P/E/G ratio of 2.05 and a beta of 1.00.

Realty Income (NYSE:O) last posted its quarterly earnings results on Monday, November 4th. The real estate investment trust reported $0.30 EPS for the quarter, missing the consensus estimate of $1.05 by ($0.75). Realty Income had a net margin of 17.57% and a return on equity of 2.35%. The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.26 billion. During the same period last year, the company earned $1.02 EPS. The company’s revenue was up 28.1% on a year-over-year basis. On average, equities research analysts expect that Realty Income Co. will post 4.2 earnings per share for the current year.

Realty Income Announces Dividend

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 paid a dividend of $0.264 per share. Realty Income’s dividend payout ratio is currently 300.95%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on O shares. Barclays began coverage on shares of Realty Income in a research report on Tuesday, December 17th. They set an “equal weight” rating and a $59.00 target price on the stock. UBS Group cut their price objective on Realty Income from $72.00 to $71.00 and set a “buy” rating on the stock in a research note on Thursday, November 14th. Wells Fargo & Company reaffirmed 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. Stifel Nicolaus dropped their price target on shares of Realty Income from $70.00 to $66.50 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. Finally, Mizuho decreased their price objective on shares of Realty Income from $60.00 to $54.00 and set a “neutral” rating for the company in a report on Wednesday, January 8th. Twelve research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $62.50.

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.