Realty Income Co. (NYSE:O) Shares Acquired by Level Four Advisory Services LLC

Level Four Advisory Services LLC increased its position in shares of Realty Income Co. (NYSE:O) by 0.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 75,623 shares of the real estate investment trust’s stock after buying an additional 502 shares during the period. Level Four Advisory Services LLC’s holdings in Realty Income were worth $4,039,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Lee Danner & Bass Inc. purchased a new position in shares of Realty Income during the 4th quarter valued at approximately $28,000. Hopwood Financial Services Inc. bought a new position in Realty Income during the 4th quarter valued at $29,000. Sierra Ocean LLC acquired a new position in Realty Income during the 4th quarter worth $32,000. Millstone Evans Group LLC bought a new stake in shares of Realty Income in the 4th quarter worth about $34,000. Finally, BankPlus Trust Department bought a new stake in shares of Realty Income in the 4th quarter worth about $37,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on O. BNP Paribas downgraded Realty Income from an “outperform” rating to a “neutral” rating and set a $61.00 price target for the company. in a research note on Tuesday, February 25th. Royal Bank of Canada decreased their target price on Realty Income from $62.00 to $60.00 and set an “outperform” rating for the company in a research report on Wednesday, February 26th. Scotiabank dropped their price target on Realty Income from $59.00 to $57.00 and set a “sector perform” rating on the stock in a research report on Friday, February 28th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Realty Income in a report on Wednesday, December 11th. They issued a “hold” rating and a $62.00 price objective for the company. Finally, Mizuho dropped their target price on shares of Realty Income from $60.00 to $54.00 and set a “neutral” rating on the stock in a report on Wednesday, January 8th. Eleven equities 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.com, Realty Income presently has a consensus rating of “Hold” and a consensus target price of $62.04.

Realty Income Price Performance

NYSE O opened at $56.61 on Friday. The company has a 50-day moving average price of $55.79 and a two-hundred day moving average price of $57.32. Realty Income Co. has a 52 week low of $50.65 and a 52 week high of $64.88. The stock has a market cap of $50.47 billion, a price-to-earnings ratio of 53.91, a price-to-earnings-growth ratio of 2.10 and a beta of 1.00. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.68.

Realty Income (NYSE:O) last issued its quarterly earnings data on Monday, February 24th. The real estate investment trust reported $1.05 earnings per share (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 business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.28 billion. Analysts forecast that Realty Income Co. will post 4.19 EPS for the current year.

Realty Income Increases Dividend

The firm also recently declared a apr 25 dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be issued a dividend of $0.2685 per share. This represents a dividend yield of 5.7%. This is a positive change from Realty Income’s previous apr 25 dividend of $0.27. The ex-dividend date of this dividend is Tuesday, April 1st. Realty Income’s dividend payout ratio (DPR) is 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.