Vanderbilt University Acquires 8,185 Shares of Realty Income Co. (NYSE:O)

Vanderbilt University increased its holdings in shares of Realty Income Co. (NYSE:O) by 18.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,205 shares of the real estate investment trust’s stock after acquiring an additional 8,185 shares during the period. Vanderbilt University’s holdings in Realty Income were worth $3,374,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Realty Income by 24.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 129,096 shares of the real estate investment trust’s stock worth $6,984,000 after purchasing an additional 25,743 shares in the last quarter. Miracle Mile Advisors LLC lifted its position in Realty Income by 2.7% during the first quarter. Miracle Mile Advisors LLC now owns 20,257 shares of the real estate investment trust’s stock valued at $1,096,000 after purchasing an additional 531 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in Realty Income by 0.6% in the first quarter. Allspring Global Investments Holdings LLC now owns 40,067 shares of the real estate investment trust’s stock worth $2,168,000 after purchasing an additional 255 shares during the last quarter. Farmers & Merchants Investments Inc. grew its position in Realty Income by 3.7% in the 1st quarter. Farmers & Merchants Investments Inc. now owns 93,074 shares of the real estate investment trust’s stock worth $5,035,000 after purchasing an additional 3,305 shares during the period. Finally, Applied Capital LLC FL raised its stake in Realty Income by 13.8% during the 1st quarter. Applied Capital LLC FL now owns 19,524 shares of the real estate investment trust’s stock valued at $1,056,000 after buying an additional 2,369 shares during the last quarter. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Realty Income Price Performance

NYSE:O traded up $0.22 during trading hours on Monday, reaching $61.53. The stock had a trading volume of 597,073 shares, compared to its average volume of 5,649,363. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.39 and a current ratio of 1.39. The stock has a market capitalization of $53.58 billion, a PE ratio of 56.77, a PEG ratio of 4.43 and a beta of 0.99. Realty Income Co. has a 52 week low of $45.03 and a 52 week high of $64.88. The company has a 50 day moving average price of $62.35 and a two-hundred day moving average price of $57.47.

Realty Income (NYSE:O) last posted its earnings results on Monday, August 5th. The real estate investment trust reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.07). The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.22 billion. Realty Income had a return on equity of 2.36% and a net margin of 17.89%. The business’s quarterly revenue was up 31.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.00 earnings per share. As a group, sell-side analysts anticipate that Realty Income Co. will post 4.2 earnings per share for the current fiscal year.

Realty Income Announces Dividend

The company also recently announced a nov 24 dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 1st will be paid a $0.2635 dividend. This represents a dividend yield of 5.1%. The ex-dividend date is Friday, November 1st. Realty Income’s dividend payout ratio is currently 292.59%.

Analyst Ratings Changes

Several research firms have recently commented on O. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $65.00 price target (up previously from $62.00) on shares of Realty Income in a research report on Tuesday, October 1st. Royal Bank of Canada increased their price target on shares of Realty Income from $58.00 to $64.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 7th. Morgan Stanley reiterated an “equal weight” rating and set a $62.00 price target on shares of Realty Income in a research note on Tuesday, August 6th. Wedbush began coverage on Realty Income in a research note on Monday, August 19th. They issued a “neutral” rating and a $64.00 price objective for the company. Finally, Robert W. Baird lifted their target price on Realty Income from $57.00 to $58.00 and gave the company a “neutral” rating in a research report on Tuesday, August 6th. Nine research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $63.94.

Insider Transactions at Realty Income

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

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.