Wealth Quarterback LLC Has $212,000 Stock Position in Realty Income Co. (NYSE:O)

Wealth Quarterback LLC increased its position in Realty Income Co. (NYSE:O) by 14.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,975 shares of the real estate investment trust’s stock after purchasing an additional 505 shares during the quarter. Wealth Quarterback LLC’s holdings in Realty Income were worth $212,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rosenberg Matthew Hamilton increased its position in 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 purchasing an additional 211 shares during the period. Creative Capital Management Investments LLC grew its position in shares of Realty Income by 133.3% during the 3rd quarter. Creative Capital Management Investments LLC now owns 525 shares of the real estate investment trust’s stock worth $33,000 after buying an additional 300 shares during the period. Sierra Ocean LLC acquired a new position in shares of Realty Income during the 4th quarter worth about $32,000. Luken Investment Analytics LLC acquired a new position in shares of Realty Income during the 4th quarter worth about $40,000. Finally, ST Germain D J Co. Inc. grew its position in shares of Realty Income by 306.5% during the 4th quarter. ST Germain D J Co. Inc. now owns 752 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 567 shares during the period. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Realty Income Stock Down 0.7 %

O stock opened at $54.53 on Monday. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $47.73 billion, a PE ratio of 51.93, a PEG ratio of 1.94 and a beta of 1.00. Realty Income Co. has a 1-year low of $50.65 and a 1-year high of $64.88. The business’s 50 day simple moving average is $53.90 and its 200 day simple moving average is $58.18.

Realty Income Announces Dividend

The company also recently disclosed a feb 25 dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were issued a $0.264 dividend. This represents a yield of 5.9%. The ex-dividend date of this dividend was Monday, February 3rd. Realty Income’s dividend payout ratio is 301.91%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Barclays decreased their target price on Realty Income from $59.00 to $56.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 4th. Mizuho cut their price objective on Realty Income from $60.00 to $54.00 and set a “neutral” rating on the stock in a report on Wednesday, January 8th. 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 report on Thursday, November 14th. Deutsche Bank Aktiengesellschaft started coverage on Realty Income in a report on Wednesday, December 11th. They set a “hold” rating and a $62.00 price objective on the stock. Finally, Stifel Nicolaus cut their price objective on Realty Income from $70.00 to $66.50 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Ten analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $62.21.

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.