Fidelis Capital Partners LLC Purchases 785 Shares of Realty Income Co. (NYSE:O)

Fidelis Capital Partners LLC grew its position in Realty Income Co. (NYSE:O) by 23.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,096 shares of the real estate investment trust’s stock after acquiring an additional 785 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Realty Income were worth $223,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Sierra Ocean LLC bought a new position in Realty Income in the 4th quarter valued at $32,000. BankPlus Trust Department bought a new position in Realty Income in the 4th quarter valued at $37,000. ST Germain D J Co. Inc. grew its position in Realty Income by 306.5% in the 4th quarter. ST Germain D J Co. Inc. now owns 752 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 567 shares during the last quarter. Luken Investment Analytics LLC bought a new position in Realty Income in the 4th quarter valued at $40,000. Finally, Independence Bank of Kentucky grew its position in Realty Income by 54.5% in the 4th quarter. Independence Bank of Kentucky now owns 850 shares of the real estate investment trust’s stock valued at $45,000 after acquiring an additional 300 shares during the last quarter. Institutional investors own 70.81% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Barclays upped their target price on Realty Income from $56.00 to $59.00 and gave the stock an “equal weight” rating in a report on Tuesday. BNP Paribas cut Realty Income from an “outperform” rating to a “neutral” rating and set a $61.00 target price for the company. in a report on Tuesday, February 25th. Stifel Nicolaus lowered their target price on Realty Income from $70.00 to $66.50 and set a “buy” rating for the company in a report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft assumed coverage on Realty Income in a report on Wednesday, December 11th. They issued a “hold” rating and a $62.00 target price for the company. Finally, Mizuho lowered their target price on Realty Income from $60.00 to $54.00 and set a “neutral” rating for the company in a report on Wednesday, January 8th. Eleven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Realty Income currently has an average rating of “Hold” and a consensus target price of $62.04.

Realty Income Stock Up 0.7 %

Shares of O stock opened at $58.16 on Thursday. The firm has a market capitalization of $51.85 billion, a PE ratio of 55.39, a P/E/G ratio of 2.10 and a beta of 1.00. Realty Income Co. has a fifty-two week low of $50.65 and a fifty-two week high of $64.88. The stock’s 50-day simple moving average is $54.53 and its 200-day simple moving average is $57.89. 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 (NYSE:O) last posted its earnings results on Monday, February 24th. The real estate investment trust reported $1.05 EPS for the quarter, missing the consensus estimate of $1.06 by ($0.01). The company had revenue of $1.34 billion for 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%. Equities analysts expect that Realty Income Co. will post 4.19 earnings per share for the current year.

Realty Income Increases Dividend

The business also recently announced a mar 25 dividend, which will be paid on Friday, March 14th. Investors of record on Monday, March 3rd will be issued a dividend of $0.268 per share. This represents a yield of 5.7%. This is a positive change from Realty Income’s previous mar 25 dividend of $0.26. The ex-dividend date of this dividend is Monday, March 3rd. Realty Income’s dividend payout ratio (DPR) is 327.55%.

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.