Atria Wealth Solutions Inc. boosted its holdings in shares of Realty Income Co. (NYSE:O – Free Report) by 10.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 186,543 shares of the real estate investment trust’s stock after acquiring an additional 17,164 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Realty Income were worth $9,963,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in O. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Realty Income by 765.1% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,545,815 shares of the real estate investment trust’s stock worth $478,556,000 after acquiring an additional 6,673,617 shares during the last quarter. Janus Henderson Group PLC grew its stake in shares of Realty Income by 3,150.5% in the third quarter. Janus Henderson Group PLC now owns 2,760,182 shares of the real estate investment trust’s stock valued at $175,142,000 after buying an additional 2,675,266 shares in the last quarter. Parnassus Investments LLC grew its stake in shares of Realty Income by 7.4% in the third quarter. Parnassus Investments LLC now owns 24,448,225 shares of the real estate investment trust’s stock valued at $1,550,506,000 after buying an additional 1,676,293 shares in the last quarter. Bank of Montreal Can grew its stake in shares of Realty Income by 102.1% in the third quarter. Bank of Montreal Can now owns 2,191,962 shares of the real estate investment trust’s stock valued at $137,502,000 after buying an additional 1,107,493 shares in the last quarter. Finally, KBC Group NV grew its stake in shares of Realty Income by 391.6% in the third quarter. KBC Group NV now owns 623,658 shares of the real estate investment trust’s stock valued at $39,552,000 after buying an additional 496,796 shares in the last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.
Analyst Ratings Changes
O has been the subject of a number of research reports. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $62.00 price objective on shares of Realty Income in a research note on Monday, January 27th. Deutsche Bank Aktiengesellschaft initiated coverage on Realty Income in a research note on Wednesday, December 11th. They issued a “hold” rating and a $62.00 price objective for the company. Stifel Nicolaus dropped their price objective on Realty Income from $70.00 to $66.50 and set a “buy” rating for the company in a research note on Wednesday, January 8th. UBS Group dropped their price objective on Realty Income from $72.00 to $71.00 and set a “buy” rating for the company in a research note on Thursday, November 14th. Finally, Barclays decreased 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, February 4th. Ten 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, Realty Income presently has an average rating of “Hold” and an average target price of $62.21.
Realty Income Stock Up 1.3 %
Shares of NYSE O opened at $55.18 on Wednesday. The company has a market capitalization of $48.29 billion, a price-to-earnings ratio of 52.55, a price-to-earnings-growth ratio of 1.94 and a beta of 1.00. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.40 and a quick ratio of 1.40. The business has a 50-day moving average of $53.86 and a two-hundred day moving average of $58.15. Realty Income Co. has a 1 year low of $50.65 and a 1 year high of $64.88.
Realty Income Announces Dividend
The firm also recently declared a feb 25 dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.264 per share. This represents a yield of 5.9%. The ex-dividend date of this dividend was Monday, February 3rd. Realty Income’s dividend payout ratio (DPR) is 301.91%.
About Realty Income
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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