Householder Group Estate & Retirement Specialist LLC Grows Holdings in Realty Income Co. (NYSE:O)

Householder Group Estate & Retirement Specialist LLC increased its holdings in shares of Realty Income Co. (NYSE:OFree Report) by 5.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,380 shares of the real estate investment trust’s stock after acquiring an additional 451 shares during the period. Householder Group Estate & Retirement Specialist LLC’s holdings in Realty Income were worth $481,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Harbour Investments Inc. raised its stake in shares of Realty Income by 2.8% in the fourth quarter. Harbour Investments Inc. now owns 5,888 shares of the real estate investment trust’s stock worth $373,000 after buying an additional 160 shares during the period. Parkside Financial Bank & Trust raised its stake in Realty Income by 13.8% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,522 shares of the real estate investment trust’s stock valued at $91,000 after purchasing an additional 185 shares during the period. Vestcor Inc grew its holdings in Realty Income by 0.4% during the 2nd quarter. Vestcor Inc now owns 48,121 shares of the real estate investment trust’s stock valued at $2,877,000 after buying an additional 191 shares in the last quarter. Pinnacle Bancorp Inc. lifted its holdings in shares of Realty Income by 5.2% in the third quarter. Pinnacle Bancorp Inc. now owns 4,119 shares of the real estate investment trust’s stock worth $206,000 after buying an additional 202 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its position in shares of Realty Income by 11.0% during the second quarter. Farther Finance Advisors LLC now owns 2,066 shares of the real estate investment trust’s stock worth $124,000 after acquiring an additional 205 shares during the last quarter. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Realty Income Trading Down 0.1 %

O stock opened at $52.80 on Wednesday. The firm’s fifty day simple moving average is $53.02 and its two-hundred day simple moving average is $53.28. The stock has a market capitalization of $45.47 billion, a price-to-earnings ratio of 41.96, a price-to-earnings-growth ratio of 5.55 and a beta of 0.92. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.64. Realty Income Co. has a twelve month low of $45.03 and a twelve month high of $64.18.

Realty Income (NYSE:OGet Free Report) last issued its quarterly earnings results on Wednesday, February 21st. The real estate investment trust reported $0.30 EPS for the quarter, missing the consensus estimate of $1.02 by ($0.72). Realty Income had a net margin of 21.39% and a return on equity of 4.06%. The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the previous year, the company posted $1.00 earnings per share. The business’s revenue for the quarter was up 21.1% on a year-over-year basis. As a group, analysts anticipate that Realty Income Co. will post 4.16 earnings per share for the current year.

Realty Income Increases Dividend

The firm also recently declared a mar 24 dividend, which will be paid on Monday, April 15th. Investors of record on Monday, April 1st will be paid a dividend of $0.257 per share. This is a positive change from Realty Income’s previous mar 24 dividend of $0.26. This represents a dividend yield of 6%. The ex-dividend date is Friday, March 29th. Realty Income’s dividend payout ratio (DPR) is currently 244.45%.

Wall Street Analysts Forecast Growth

O has been the subject of several research reports. Mizuho dropped their price objective on shares of Realty Income from $60.00 to $56.00 and set a “buy” rating for the company in a report on Thursday, March 7th. Wolfe Research raised Realty Income from a “peer perform” rating to an “outperform” rating and set a $66.00 price target for the company in a research note on Wednesday, December 6th. Royal Bank of Canada lifted their price objective on Realty Income from $58.00 to $60.00 and gave the stock an “outperform” rating in a research note on Thursday, January 11th. BMO Capital Markets started coverage on Realty Income in a research report on Tuesday, February 13th. They set a “market perform” rating and a $57.00 target price for the company. Finally, StockNews.com upgraded shares of Realty Income from a “sell” rating to a “hold” rating in a research report on Thursday, February 8th. Eight analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, Realty Income presently has an average rating of “Hold” and a consensus target price of $60.96.

Get Our Latest Stock Analysis on Realty Income

About Realty Income

(Free Report)

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.

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Institutional Ownership by Quarter for Realty Income (NYSE:O)

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