Quantinno Capital Management LP Has $4.20 Million Stock Position in Realty Income Co. (NYSE:O)

Quantinno Capital Management LP raised its stake in Realty Income Co. (NYSE:O) by 26.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,699 shares of the real estate investment trust’s stock after buying an additional 16,413 shares during the period. Quantinno Capital Management LP’s holdings in Realty Income were worth $4,203,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

A number of equities research analysts have commented on O shares. Stifel Nicolaus upped their price target on Realty Income from $65.50 to $68.00 and gave the company a “buy” rating in a research report on Tuesday, May 6th. Scotiabank upped their target price on Realty Income from $57.00 to $58.00 and gave the company a “sector perform” rating in a report on Monday, May 12th. Royal Bank of Canada lowered their price target 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. JPMorgan Chase & Co. dropped their price target on shares of Realty Income from $64.00 to $61.00 and set a “neutral” rating on the stock in a research report on Monday, May 5th. Finally, UBS Group decreased their price objective on shares of Realty Income from $64.00 to $62.00 and set a “buy” rating for the company in a research report on Tuesday, May 13th. Ten investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Realty Income has a consensus rating of “Hold” and a consensus target price of $61.15.

Realty Income Trading Up 1.6%

O opened at $56.30 on Monday. The company has a fifty day moving average price of $56.31 and a two-hundred day moving average price of $55.70. Realty Income Co. has a 1-year low of $50.71 and a 1-year high of $64.88. The company has a market cap of $50.85 billion, a P/E ratio of 53.62, a price-to-earnings-growth ratio of 2.10 and a beta of 0.78. 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 earnings results on Monday, May 5th. The real estate investment trust reported $1.06 EPS for the quarter, meeting analysts’ consensus estimates of $1.06. The business had revenue of $1.31 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%. The firm’s revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.03 EPS. Analysts predict that Realty Income Co. will post 4.19 EPS for the current fiscal year.

Realty Income Dividend Announcement

The company also recently announced a jun 25 dividend, which will be paid on Friday, June 13th. Investors of record on Monday, June 2nd will be issued a $0.2685 dividend. This represents a dividend yield of 5.8%. The ex-dividend date is Monday, June 2nd. Realty Income’s dividend payout ratio is currently 292.73%.

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.