Realty Income Co. (NYSE:O) Shares Bought by Schonfeld Strategic Advisors LLC

Schonfeld Strategic Advisors LLC lifted its holdings in shares of Realty Income Co. (NYSE:O) by 32.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,895 shares of the real estate investment trust’s stock after purchasing an additional 17,237 shares during the period. Schonfeld Strategic Advisors LLC’s holdings in Realty Income were worth $3,786,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the stock. Tcfg Wealth Management LLC lifted its holdings in shares of Realty Income by 2.9% during the 4th quarter. Tcfg Wealth Management LLC now owns 6,678 shares of the real estate investment trust’s stock worth $357,000 after acquiring an additional 186 shares during the period. Romano Brothers AND Company grew its position in Realty Income by 2.0% in the fourth quarter. Romano Brothers AND Company now owns 10,194 shares of the real estate investment trust’s stock valued at $544,000 after acquiring an additional 200 shares in the last quarter. Bay Rivers Group increased its stake in Realty Income by 1.0% during the 4th quarter. Bay Rivers Group now owns 20,644 shares of the real estate investment trust’s stock worth $1,103,000 after buying an additional 200 shares during the period. Smith Moore & CO. increased its position in shares of Realty Income by 4.8% during the fourth quarter. Smith Moore & CO. now owns 4,432 shares of the real estate investment trust’s stock worth $237,000 after acquiring an additional 201 shares during the last quarter. Finally, Parkside Financial Bank & Trust raised its position in shares of Realty Income by 11.3% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,144 shares of the real estate investment trust’s stock valued at $115,000 after purchasing an additional 218 shares in the last quarter. 70.81% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently weighed in on O shares. BNP Paribas lowered Realty Income from an “outperform” rating to a “neutral” rating and set a $61.00 price objective for the company. in a report on Tuesday, February 25th. Barclays reissued an “overweight” rating on shares of Realty Income in a research note on Tuesday, April 22nd. Royal Bank of Canada decreased their price target on Realty Income from $62.00 to $60.00 and set an “outperform” rating for the company in a research note on Wednesday, February 26th. Stifel Nicolaus decreased their price objective on shares of Realty Income from $70.00 to $66.50 and set a “buy” rating for the company in a report on Wednesday, January 8th. Finally, Mizuho lifted their target price on Realty Income from $54.00 to $59.00 and gave the stock a “neutral” rating in a report on Thursday, April 3rd. Ten analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Realty Income currently has a consensus rating of “Hold” and a consensus price target of $62.35.

Realty Income Trading Down 0.4 %

Shares of NYSE O opened at $56.94 on Friday. The firm has a market capitalization of $50.78 billion, a PE ratio of 54.23, a PEG ratio of 2.10 and a beta of 0.78. Realty Income Co. has a one year low of $50.71 and a one year high of $64.88. 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 business has a 50-day moving average price of $56.58 and a two-hundred day moving average price of $56.19.

Realty Income (NYSE:O) last posted its quarterly earnings results on Monday, February 24th. The real estate investment trust reported $1.05 earnings per share for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.01). The company had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.28 billion. Realty Income had a return on equity of 2.35% and a net margin of 17.57%. As a group, analysts predict that Realty Income Co. will post 4.19 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The firm also recently declared a may 25 dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be issued a dividend of $0.2685 per share. The ex-dividend date is Thursday, May 1st. This represents a dividend yield of 6%. Realty Income’s dividend payout ratio is currently 328.57%.

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.