Natixis Advisors LLC Increases Stake in Realty Income Co. (NYSE:O)

Natixis Advisors LLC increased its position in shares of Realty Income Co. (NYSE:O) by 18.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 357,639 shares of the real estate investment trust’s stock after buying an additional 55,296 shares during the period. Natixis Advisors LLC’s holdings in Realty Income were worth $19,101,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in O. Frank Rimerman Advisors LLC grew its stake in Realty Income by 14.4% in the fourth quarter. Frank Rimerman Advisors LLC now owns 42,362 shares of the real estate investment trust’s stock valued at $2,263,000 after purchasing an additional 5,339 shares during the last quarter. Buckley Wealth Management LLC grew its stake in Realty Income by 2.7% in the fourth quarter. Buckley Wealth Management LLC now owns 9,708 shares of the real estate investment trust’s stock valued at $519,000 after purchasing an additional 258 shares during the last quarter. ETF Store Inc. grew its stake in Realty Income by 9.4% in the fourth quarter. ETF Store Inc. now owns 5,362 shares of the real estate investment trust’s stock valued at $286,000 after purchasing an additional 460 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in Realty Income by 2.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 637,932 shares of the real estate investment trust’s stock valued at $34,072,000 after purchasing an additional 13,030 shares during the last quarter. Finally, HBK Sorce Advisory LLC grew its stake in Realty Income by 29.4% in the fourth quarter. HBK Sorce Advisory LLC now owns 12,655 shares of the real estate investment trust’s stock valued at $676,000 after purchasing an additional 2,875 shares during the last quarter. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on O. Deutsche Bank Aktiengesellschaft began coverage on Realty Income in a research note on Wednesday, December 11th. They issued a “hold” rating and a $62.00 target price on the stock. Royal Bank of Canada cut their target price on Realty Income from $62.00 to $60.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 26th. Mizuho lowered 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. Barclays raised their price target on Realty Income from $56.00 to $59.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 4th. Finally, Scotiabank lowered their price target on Realty Income from $59.00 to $57.00 and set a “sector perform” rating for the company in a report on Friday, February 28th. Eleven 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 a consensus rating of “Hold” and an average target price of $62.04.

Realty Income Trading Down 0.0 %

Realty Income stock opened at $56.96 on Wednesday. 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 52 week low of $50.65 and a 52 week high of $64.88. The company has a market capitalization of $50.78 billion, a price-to-earnings ratio of 54.24, a price-to-earnings-growth ratio of 2.10 and a beta of 1.00. The stock has a 50-day moving average price of $55.28 and a 200 day moving average price of $57.60.

Realty Income (NYSE:O) last released its earnings results on Monday, February 24th. The real estate investment trust reported $1.05 EPS for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.01). Realty Income had a return on equity of 2.35% and a net margin of 17.57%. The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.28 billion. Sell-side analysts anticipate that Realty Income Co. will post 4.19 EPS for the current year.

Realty Income Increases Dividend

The business also recently declared a apr 25 dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be issued a $0.2685 dividend. The ex-dividend date is Tuesday, April 1st. This is an increase from Realty Income’s previous apr 25 dividend of $0.27. This represents a yield of 5.7%. Realty Income’s payout ratio is presently 328.57%.

Realty Income Company 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.