Cozad Asset Management Inc. Has $294,000 Stock Holdings in Realty Income Co. (NYSE:O)

Cozad Asset Management Inc. trimmed its position in Realty Income Co. (NYSE:O) by 4.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,638 shares of the real estate investment trust’s stock after selling 194 shares during the quarter. Cozad Asset Management Inc.’s holdings in Realty Income were worth $294,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Realty Income by 18.3% in the 1st quarter. Vanguard Group Inc. now owns 134,768,614 shares of the real estate investment trust’s stock valued at $7,290,982,000 after buying an additional 20,848,560 shares during the last quarter. Raymond James & Associates increased its position in Realty Income by 92.4% during the third quarter. Raymond James & Associates now owns 6,479,542 shares of the real estate investment trust’s stock worth $410,932,000 after acquiring an additional 3,112,560 shares during the period. Canada Pension Plan Investment Board raised its stake in Realty Income by 63.2% during the 2nd quarter. Canada Pension Plan Investment Board now owns 2,610,483 shares of the real estate investment trust’s stock valued at $137,886,000 after purchasing an additional 1,010,876 shares during the last quarter. Centersquare Investment Management LLC boosted its holdings in Realty Income by 14.9% in the 1st quarter. Centersquare Investment Management LLC now owns 6,824,420 shares of the real estate investment trust’s stock valued at $365,379,000 after purchasing an additional 885,852 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in Realty Income by 410.7% in the 1st quarter. Cetera Investment Advisers now owns 951,335 shares of the real estate investment trust’s stock valued at $51,467,000 after purchasing an additional 765,048 shares during the period. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Mary Hogan Preusse sold 1,712 shares of the business’s stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $62.58, for a total transaction of $107,136.96. Following the completion of the sale, the director now owns 26,579 shares in the company, valued at $1,663,313.82. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other news, Director Mary Hogan Preusse sold 1,712 shares of the firm’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $62.58, for a total value of $107,136.96. Following the transaction, the director now owns 26,579 shares of the company’s stock, valued at approximately $1,663,313.82. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director A. Larry Chapman sold 5,000 shares of Realty Income stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $60.77, for a total transaction of $303,850.00. Following the sale, the director now owns 5,257 shares of the company’s stock, valued at approximately $319,467.89. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 0.10% of the stock is owned by insiders.

Realty Income Stock Up 2.1 %

NYSE O opened at $57.55 on Friday. The stock’s 50 day simple moving average is $61.87 and its 200 day simple moving average is $57.87. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.40 and a quick ratio of 1.39. Realty Income Co. has a one year low of $49.52 and a one year high of $64.88. The firm has a market cap of $50.37 billion, a PE ratio of 54.81, a price-to-earnings-growth ratio of 3.96 and a beta of 0.99.

Realty Income (NYSE:O) last announced its earnings results on Monday, November 4th. The real estate investment trust reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.75). Realty Income had a net margin of 17.57% and a return on equity of 2.35%. The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.26 billion. During the same quarter last year, the business posted $1.02 earnings per share. The business’s quarterly revenue was up 28.1% compared to the same quarter last year. As a group, sell-side analysts forecast that Realty Income Co. will post 4.2 earnings per share for the current fiscal year.

Realty Income Announces Dividend

The business also recently declared a nov 24 dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 1st will be paid a dividend of $0.2635 per share. The ex-dividend date of this dividend is Friday, November 1st. This represents a dividend yield of 5.1%. Realty Income’s dividend payout ratio (DPR) is currently 300.96%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $65.00 price objective (up previously from $62.00) on shares of Realty Income in a research report on Tuesday, October 1st. Royal Bank of Canada reduced their price objective on Realty Income from $67.00 to $63.00 and set an “outperform” rating for the company in a research report on Wednesday. JPMorgan Chase & Co. boosted their price objective on Realty Income from $60.00 to $67.00 and gave the company a “neutral” rating in a research report on Tuesday, September 3rd. UBS Group lifted their price target on shares of Realty Income from $70.00 to $72.00 and gave the stock a “buy” rating in a research note on Wednesday, October 16th. Finally, Stifel Nicolaus dropped their price objective on shares of Realty Income from $70.50 to $70.00 and set a “buy” rating for the company in a research note on Tuesday. Nine equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $63.85.

Realty Income Company 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.