Hopwood Financial Services Inc. Purchases Shares of 550 Realty Income Co. (NYSE:O)

Hopwood Financial Services Inc. acquired a new stake in Realty Income Co. (NYSE:O) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 550 shares of the real estate investment trust’s stock, valued at approximately $29,000.

A number of other hedge funds have also bought and sold shares of O. Raymond James Financial Inc. bought a new position in Realty Income during the fourth quarter worth about $553,572,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Realty Income by 765.1% in the 3rd 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 valued at $478,556,000 after purchasing an additional 6,673,617 shares in the last quarter. Janus Henderson Group PLC boosted its stake in shares of Realty Income by 3,150.5% in the 3rd 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 purchasing an additional 2,675,266 shares in the last quarter. Parnassus Investments LLC boosted its stake in shares of Realty Income by 7.4% in the 3rd 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 purchasing an additional 1,676,293 shares in the last quarter. Finally, Bank of Montreal Can boosted its position in Realty Income by 102.1% during the 3rd quarter. Bank of Montreal Can now owns 2,191,962 shares of the real estate investment trust’s stock worth $137,502,000 after buying an additional 1,107,493 shares during the period. 70.81% of the stock is owned by institutional investors.

Realty Income Trading Down 0.6 %

Shares of NYSE:O opened at $56.39 on Thursday. Realty Income Co. has a 12-month low of $50.65 and a 12-month high of $64.88. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.68. The company has a market cap of $50.27 billion, a PE ratio of 53.70, a price-to-earnings-growth ratio of 2.10 and a beta of 1.00. The stock has a 50 day moving average of $54.97 and a 200 day moving average of $57.77.

Realty Income (NYSE:O) last posted its earnings results on Monday, February 24th. The real estate investment trust reported $1.05 EPS for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.01). Realty Income had a net margin of 17.57% and a return on equity of 2.35%. The firm had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.28 billion. As a group, equities research analysts expect that Realty Income Co. will post 4.19 EPS for the current year.

Realty Income Announces Dividend

The business also recently declared a apr 25 dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be issued a dividend of $0.2685 per share. Realty Income’s payout ratio is presently 327.55%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on O shares. BNP Paribas downgraded shares of Realty Income from an “outperform” rating to a “neutral” rating and set a $61.00 target price on the stock. in a research report on Tuesday, February 25th. UBS Group lowered their price objective on shares of Realty Income from $72.00 to $71.00 and set a “buy” rating for the company in a research note on Thursday, November 14th. Barclays boosted their price target on shares of Realty Income from $56.00 to $59.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 4th. Scotiabank cut their price objective on shares of Realty Income from $59.00 to $57.00 and set a “sector perform” rating on the stock in a report on Friday, February 28th. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Realty Income in a report on Wednesday, December 11th. They set a “hold” rating and a $62.00 price objective on the stock. Eleven analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Realty Income has an average rating of “Hold” and a consensus target price of $62.04.

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.