Mizuho Securities USA LLC Has $4.43 Million Holdings in Realty Income Co. (NYSE:O)

Mizuho Securities USA LLC increased its position in shares of Realty Income Co. (NYSE:O) by 46.9% during the fourth quarter, Holdings Channel reports. The fund owned 82,950 shares of the real estate investment trust’s stock after acquiring an additional 26,479 shares during the quarter. Mizuho Securities USA LLC’s holdings in Realty Income were worth $4,430,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in O. Pathstone Holdings LLC raised its holdings in shares of Realty Income by 14.0% during the third quarter. Pathstone Holdings LLC now owns 76,316 shares of the real estate investment trust’s stock valued at $4,840,000 after acquiring an additional 9,358 shares during the period. Segall Bryant & Hamill LLC acquired a new position in Realty Income in the 3rd quarter valued at approximately $843,000. First Horizon Advisors Inc. increased its stake in Realty Income by 313.5% in the 3rd quarter. First Horizon Advisors Inc. now owns 947 shares of the real estate investment trust’s stock valued at $60,000 after buying an additional 718 shares during the period. Landscape Capital Management L.L.C. acquired a new position in Realty Income in the 3rd quarter valued at approximately $339,000. Finally, Meridian Wealth Management LLC acquired a new position in Realty Income in the 3rd quarter valued at approximately $339,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Realty Income Price Performance

NYSE O opened at $55.79 on Monday. 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 company has a fifty day simple moving average of $55.52 and a 200 day simple moving average of $57.47. The company has a market cap of $49.73 billion, a P/E ratio of 53.13, a P/E/G ratio of 2.10 and a beta of 1.00. Realty Income Co. has a 1 year low of $50.65 and a 1 year high of $64.88.

Realty Income (NYSE:O) last posted its quarterly earnings data on Monday, February 24th. The real estate investment trust reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.06 by ($0.01). The firm had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.28 billion. Realty Income had a return on equity of 2.35% and a net margin of 17.57%. On average, sell-side analysts predict that Realty Income Co. will post 4.19 EPS for the current year.

Realty Income Increases Dividend

The business also recently declared a apr 25 dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be issued a $0.2685 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This is an increase from Realty Income’s previous apr 25 dividend of $0.27. This represents a yield of 5.7%. Realty Income’s dividend payout ratio is 328.57%.

Analysts Set New Price Targets

Several research firms have weighed in on O. Deutsche Bank Aktiengesellschaft began coverage on shares of Realty Income in a research note on Wednesday, December 11th. They issued a “hold” rating and a $62.00 price objective on the stock. BNP Paribas lowered shares of Realty Income from an “outperform” rating to a “neutral” rating and set a $61.00 price objective on the stock. in a research note on Tuesday, February 25th. Royal Bank of Canada dropped their price objective on shares of Realty Income from $62.00 to $60.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 26th. Mizuho dropped their price target on shares of Realty Income from $60.00 to $54.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 8th. Finally, Stifel Nicolaus dropped their price target on shares of Realty Income from $70.00 to $66.50 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. Eleven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Realty Income currently has a consensus rating of “Hold” and an average price target of $62.04.

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.