Realty Income Co. (NYSE:O) Shares Bought by Dupree Financial Group LLC

Dupree Financial Group LLC grew its stake in Realty Income Co. (NYSE:O) by 2.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 96,302 shares of the real estate investment trust’s stock after buying an additional 2,453 shares during the quarter. Realty Income accounts for about 2.3% of Dupree Financial Group LLC’s portfolio, making the stock its 15th largest holding. Dupree Financial Group LLC’s holdings in Realty Income were worth $5,143,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Rosenberg Matthew Hamilton lifted its holdings in Realty Income by 75.4% during the third 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 lifted its stake in Realty Income by 133.3% in the 3rd 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. Luken Investment Analytics LLC acquired a new stake in Realty Income in the 4th quarter worth about $40,000. ST Germain D J Co. Inc. increased its stake in Realty Income by 306.5% during the 4th 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 in the last quarter. Finally, Independence Bank of Kentucky raised its holdings in shares of Realty Income by 54.5% during the fourth 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. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Realty Income Price Performance

Shares of NYSE:O opened at $54.51 on Tuesday. Realty Income Co. has a 12 month low of $50.65 and a 12 month high of $64.88. The firm has a market capitalization of $47.71 billion, a price-to-earnings ratio of 51.91, a price-to-earnings-growth ratio of 1.96 and a beta of 1.00. The business’s 50 day simple moving average is $54.45 and its 200-day simple moving average is $58.41. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.40 and a quick ratio of 1.40.

Realty Income (NYSE:O) last released its quarterly 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). The company had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.26 billion. Realty Income had a return on equity of 2.35% and a net margin of 17.57%. The business’s revenue was up 28.1% compared to the same quarter last year. During the same period last year, the firm earned $1.02 earnings per share. As a group, equities analysts forecast that Realty Income Co. will post 4.19 earnings per share for the current fiscal year.

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 issued a $0.264 dividend. The ex-dividend date is Monday, February 3rd. This represents a yield of 5.9%. Realty Income’s dividend payout ratio (DPR) is presently 301.91%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on O. Scotiabank reduced their price objective on Realty Income from $61.00 to $59.00 and set a “sector perform” rating on the stock in a research report on Thursday, January 16th. Royal Bank of Canada reiterated an “outperform” rating and set a $62.00 price target on shares of Realty Income in a report on Monday, January 27th. Stifel Nicolaus dropped their price objective on shares of 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 began coverage on shares of Realty Income in a research note on Wednesday, December 11th. They set a “hold” rating and a $62.00 target price on the stock. Finally, Barclays started coverage on shares of Realty Income in a research note on Tuesday, December 17th. They issued an “equal weight” rating and a $59.00 price target for the company. Twelve equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Realty Income has a consensus rating of “Hold” and a consensus target price of $62.04.

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.