Hendershot Investments Inc. Has $358,000 Position in Realty Income Co. (NYSE:O)

Hendershot Investments Inc. cut its holdings in Realty Income Co. (NYSE:O) by 4.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 6,695 shares of the real estate investment trust’s stock after selling 300 shares during the quarter. Hendershot Investments Inc.’s holdings in Realty Income were worth $358,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Rosenberg Matthew Hamilton raised its holdings in shares of Realty Income by 75.4% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 491 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 211 shares in the last quarter. Creative Capital Management Investments LLC raised its holdings in Realty Income by 133.3% during the third quarter. Creative Capital Management Investments LLC now owns 525 shares of the real estate investment trust’s stock valued at $33,000 after buying an additional 300 shares in the last quarter. ST Germain D J Co. Inc. lifted its position in shares of Realty Income by 306.5% in the fourth quarter. ST Germain D J Co. Inc. now owns 752 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 567 shares during the last quarter. Luken Investment Analytics LLC bought a new stake in shares of Realty Income during the 4th quarter worth about $40,000. Finally, Independence Bank of Kentucky increased its holdings in shares of Realty Income by 54.5% during 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. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Realty Income Price Performance

Shares of NYSE:O opened at $54.14 on Friday. The firm has a market capitalization of $47.38 billion, a PE ratio of 51.56, a PEG ratio of 1.94 and a beta of 1.00. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.68. Realty Income Co. has a 1-year low of $50.65 and a 1-year high of $64.88. The business’s 50 day moving average is $54.16 and its 200-day moving average is $58.31.

Realty Income Dividend Announcement

The firm also recently declared a feb 25 dividend, which will be paid on Friday, February 14th. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.264 per share. The ex-dividend date of this dividend is Monday, February 3rd. This represents a yield of 5.9%. Realty Income’s dividend payout ratio is currently 301.91%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on O. Barclays reduced their target price on Realty Income from $59.00 to $56.00 and set an “equal weight” rating for the company in a report on Tuesday. Stifel Nicolaus reduced their price objective on shares of Realty Income from $70.00 to $66.50 and set a “buy” rating for the company in a research note on Wednesday, January 8th. Scotiabank lowered their target price on shares of Realty Income from $61.00 to $59.00 and set a “sector perform” rating on the stock in a research note on Thursday, January 16th. Deutsche Bank Aktiengesellschaft began coverage on shares of Realty Income in a report on Wednesday, December 11th. They issued a “hold” rating and a $62.00 target price on the stock. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $62.00 price target on shares of Realty Income in a research report on Monday, January 27th. Twelve equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $61.81.

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.