Foundations Investment Advisors LLC Has $1.28 Million Holdings in Realty Income Corporation $O

Foundations Investment Advisors LLC increased its holdings in shares of Realty Income Corporation (NYSE:O) by 88.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,129 shares of the real estate investment trust’s stock after acquiring an additional 9,899 shares during the period. Foundations Investment Advisors LLC’s holdings in Realty Income were worth $1,284,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Heartwood Wealth Advisors LLC bought a new stake in shares of Realty Income during the third quarter worth $29,000. Avion Wealth grew its holdings in Realty Income by 142.4% during the 2nd quarter. Avion Wealth now owns 526 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 309 shares during the last quarter. Twin Peaks Wealth Advisors LLC acquired a new stake in Realty Income in the 2nd quarter valued at about $31,000. Country Trust Bank raised its stake in shares of Realty Income by 806.5% in the second quarter. Country Trust Bank now owns 562 shares of the real estate investment trust’s stock worth $32,000 after acquiring an additional 500 shares during the last quarter. Finally, Hilltop National Bank acquired a new position in shares of Realty Income during the second quarter worth approximately $36,000. Institutional investors own 70.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on O shares. Deutsche Bank Aktiengesellschaft raised shares of Realty Income from a “hold” rating to a “buy” rating and set a $69.00 price target for the company in a report on Tuesday, January 20th. JPMorgan Chase & Co. restated an “underweight” rating and set a $61.00 target price on shares of Realty Income in a research report on Thursday, December 18th. Cantor Fitzgerald cut their price target on Realty Income from $64.00 to $60.00 and set a “neutral” rating on the stock in a research note on Thursday, November 6th. Morgan Stanley lifted their price objective on Realty Income from $62.00 to $65.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 24th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Realty Income in a research report on Monday, December 29th. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $63.21.

Realty Income Trading Up 0.7%

NYSE O opened at $61.18 on Friday. Realty Income Corporation has a 12 month low of $50.71 and a 12 month high of $61.95. The stock has a 50-day simple moving average of $58.27 and a 200 day simple moving average of $58.36. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.72. The company has a market capitalization of $56.28 billion, a PE ratio of 56.65, a P/E/G ratio of 3.90 and a beta of 0.80.

Realty Income (NYSE:O) last posted its earnings results on Monday, November 3rd. The real estate investment trust reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.01. The company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.35 billion. Realty Income had a return on equity of 2.45% and a net margin of 17.17%.The company’s revenue for the quarter was up 10.5% compared to the same quarter last year. During the same period in the previous year, the company earned $1.05 EPS. Realty Income has set its FY 2025 guidance at 4.250-4.270 EPS. Research analysts forecast that Realty Income Corporation will post 4.19 EPS for the current year.

Realty Income Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, February 13th. Shareholders of record on Friday, January 30th will be issued a $0.27 dividend. The ex-dividend date is Friday, January 30th. This represents a c) annualized dividend and a yield of 5.3%. Realty Income’s dividend payout ratio (DPR) is 300.00%.

Realty Income Company Profile

Realty Income Corporation (NYSE: O) is a real estate investment trust (REIT) that acquires, owns and manages commercial properties subject primarily to long-term net lease agreements. The company’s business model focuses on generating predictable, contractual rental income by leasing properties to tenants under agreements that typically place responsibility for taxes, insurance and maintenance on the tenant. Realty Income is publicly traded on the New York Stock Exchange and markets itself as a reliable income-oriented REIT.

Realty Income’s portfolio is concentrated in single-tenant, retail and service-oriented properties such as drugstores, convenience stores, dollar and discount retailers, restaurants, and other essential-service businesses.