Realty Income Co. (NYSE:O) Shares Purchased by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. increased its position in shares of Realty Income Co. (NYSE:O) by 2.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 86,794 shares of the real estate investment trust’s stock after purchasing an additional 1,953 shares during the period. Coldstream Capital Management Inc.’s holdings in Realty Income were worth $5,493,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rosenberg Matthew Hamilton increased its position in shares of Realty Income by 75.4% during the third quarter. Rosenberg Matthew Hamilton now owns 491 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 211 shares during the last quarter. MFA Wealth Advisors LLC acquired a new stake in shares of Realty Income during the second quarter valued at about $33,000. Creative Capital Management Investments LLC increased its position in shares of Realty Income by 133.3% during the third quarter. Creative Capital Management Investments LLC now owns 525 shares of the real estate investment trust’s stock valued at $33,000 after acquiring an additional 300 shares during the last quarter. 1620 Investment Advisors Inc. acquired a new stake in shares of Realty Income during the second quarter valued at about $42,000. Finally, Headlands Technologies LLC acquired a new stake in shares of Realty Income during the second quarter valued at about $42,000. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Realty Income Stock Performance

Shares of Realty Income stock opened at $55.79 on Wednesday. The firm’s fifty day simple moving average is $59.59 and its 200-day simple moving average is $58.30. The stock has a market capitalization of $48.83 billion, a price-to-earnings ratio of 53.13, a PEG ratio of 3.95 and a beta of 0.98. Realty Income Co. has a 12 month low of $50.65 and a 12 month high of $64.88. 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 (NYSE:O) last announced its quarterly earnings data on Monday, November 4th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.05 by ($0.75). The firm 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 business’s quarterly revenue was up 28.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.02 earnings per share. As a group, equities analysts forecast that Realty Income Co. will post 4.2 earnings per share for the current year.

Realty Income Dividend Announcement

The business also recently announced a jan 25 dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Thursday, January 2nd will be given a dividend of $0.264 per share. Realty Income’s payout ratio is currently 300.96%.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. UBS Group lowered their price objective 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. Stifel Nicolaus lowered their price objective on shares of Realty Income from $70.50 to $70.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. JPMorgan Chase & Co. raised their price objective on shares of Realty Income from $60.00 to $67.00 and gave the company a “neutral” rating in a research note on Tuesday, September 3rd. Mizuho downgraded shares of Realty Income from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $64.00 to $60.00 in a research note on Thursday, November 14th. Finally, Scotiabank lifted their price target on shares of Realty Income from $61.00 to $64.00 and gave the stock a “sector perform” rating in a research note on Tuesday, September 17th. Ten investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $63.67.

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.