Caxton Associates LP Grows Stock Holdings in Realty Income Co. (NYSE:O)

Caxton Associates LP grew its stake in shares of Realty Income Co. (NYSE:O) by 21.2% during the 4th quarter, HoldingsChannel reports. The fund owned 32,457 shares of the real estate investment trust’s stock after buying an additional 5,681 shares during the period. Caxton Associates LP’s holdings in Realty Income were worth $1,734,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Lee Danner & Bass Inc. purchased a new stake in Realty Income in the 4th quarter worth approximately $28,000. Hopwood Financial Services Inc. purchased a new stake in shares of Realty Income in the fourth quarter worth $29,000. Sierra Ocean LLC bought a new stake in Realty Income during the fourth quarter valued at $32,000. Millstone Evans Group LLC purchased a new position in Realty Income during the fourth quarter worth about $34,000. Finally, BankPlus Trust Department bought a new position in Realty Income in the 4th quarter worth about $37,000. 70.81% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Scotiabank dropped their price target on Realty Income from $59.00 to $57.00 and set a “sector perform” rating for the company in a research report on Friday, February 28th. BNP Paribas lowered shares of Realty Income from an “outperform” rating to a “neutral” rating and set a $61.00 target price for the company. in a research report on Tuesday, February 25th. JPMorgan Chase & Co. decreased their price target on shares of Realty Income from $64.00 to $61.00 and set a “neutral” rating on the stock in a report on Monday. Royal Bank of Canada dropped their price objective on shares of Realty Income from $62.00 to $60.00 and set an “outperform” rating for the company in a report on Wednesday, February 26th. Finally, Stifel Nicolaus reduced their target price on Realty Income from $70.00 to $66.50 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. Ten research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $61.88.

Realty Income Stock Performance

Shares of O stock opened at $56.95 on Tuesday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.40 and a current ratio of 1.40. Realty Income Co. has a fifty-two week low of $50.71 and a fifty-two week high of $64.88. The company has a market capitalization of $50.79 billion, a P/E ratio of 54.24, a PEG ratio of 2.10 and a beta of 0.78. The stock has a 50 day moving average price of $56.59 and a two-hundred day moving average price of $56.08.

Realty Income (NYSE:O) last announced its quarterly earnings results on Monday, May 5th. The real estate investment trust reported $1.06 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.06. The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.28 billion. Realty Income had a net margin of 17.57% and a return on equity of 2.35%. The company’s revenue was up 9.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.03 EPS. Analysts expect that Realty Income Co. will post 4.19 earnings per share for the current year.

Realty Income Announces Dividend

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