Allworth Financial LP Has $14.49 Million Stock Holdings in Realty Income Co. (NYSE:O)

Allworth Financial LP raised its holdings in Realty Income Co. (NYSE:O) by 56.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 268,512 shares of the real estate investment trust’s stock after acquiring an additional 96,823 shares during the period. Allworth Financial LP’s holdings in Realty Income were worth $14,489,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the business. Principal Securities Inc. increased its holdings in shares of Realty Income by 10.5% during the 4th quarter. Principal Securities Inc. now owns 24,564 shares of the real estate investment trust’s stock worth $1,312,000 after purchasing an additional 2,340 shares during the period. Roxbury Financial LLC bought a new stake in shares of Realty Income in the fourth quarter valued at about $63,000. Guyasuta Investment Advisors Inc. grew its position in Realty Income by 16.2% during the fourth quarter. Guyasuta Investment Advisors Inc. now owns 3,748 shares of the real estate investment trust’s stock worth $200,000 after buying an additional 522 shares in the last quarter. Center for Financial Planning Inc. increased its stake in Realty Income by 812.2% during the fourth quarter. Center for Financial Planning Inc. now owns 5,291 shares of the real estate investment trust’s stock valued at $283,000 after acquiring an additional 4,711 shares during the period. Finally, New York State Teachers Retirement System raised its holdings in Realty Income by 1.5% in the 4th quarter. New York State Teachers Retirement System now owns 720,346 shares of the real estate investment trust’s stock valued at $38,474,000 after acquiring an additional 10,878 shares in the last quarter. 70.81% of the stock is owned by institutional investors.

Realty Income Stock Down 0.7 %

NYSE O opened at $54.53 on Monday. The stock’s 50 day simple moving average is $53.90 and its 200 day simple moving average is $58.17. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.40 and a quick ratio of 1.40. Realty Income Co. has a one year low of $50.65 and a one year high of $64.88. The firm has a market cap of $47.73 billion, a PE ratio of 51.93, a price-to-earnings-growth ratio of 1.94 and a beta of 1.00.

Realty Income Dividend Announcement

The firm also recently announced a feb 25 dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 3rd were paid a $0.264 dividend. The ex-dividend date was Monday, February 3rd. This represents a dividend yield of 5.9%. Realty Income’s dividend payout ratio (DPR) is presently 301.91%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on O shares. Mizuho lowered their price objective on Realty Income from $60.00 to $54.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 8th. Barclays lowered their price target on shares of Realty Income from $59.00 to $56.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 4th. Deutsche Bank Aktiengesellschaft began coverage on shares of Realty Income in a report on Wednesday, December 11th. They set a “hold” rating and a $62.00 price objective for the company. Stifel Nicolaus lowered their target price on shares of Realty Income from $70.00 to $66.50 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. Finally, UBS Group cut their price target on shares of Realty Income from $72.00 to $71.00 and set a “buy” rating for the company in a research note on Thursday, November 14th. Ten investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $62.21.

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.