Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group Sells 4,264 Shares of Realty Income Co. (NYSE:O)

Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group cut its stake in Realty Income Co. (NYSE:O) by 18.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,840 shares of the real estate investment trust’s stock after selling 4,264 shares during the quarter. Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group’s holdings in Realty Income were worth $1,006,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of O. Hopwood Financial Services Inc. bought a new position in Realty Income during the fourth quarter worth about $29,000. Sierra Ocean LLC bought a new position in Realty Income during the fourth quarter worth about $32,000. BankPlus Trust Department bought a new position in Realty Income during the fourth quarter worth about $37,000. Luken Investment Analytics LLC bought a new position in Realty Income in the 4th quarter valued at about $40,000. Finally, ST Germain D J Co. Inc. increased its holdings in Realty Income by 306.5% in the 4th quarter. ST Germain D J Co. Inc. now owns 752 shares of the real estate investment trust’s stock valued at $40,000 after buying an additional 567 shares during the period. 70.81% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have commented on O. Barclays raised their target price on shares of Realty Income from $56.00 to $59.00 and gave the company an “equal weight” rating in a report on Tuesday, March 4th. Royal Bank of Canada decreased their target price on shares of Realty Income from $62.00 to $60.00 and set an “outperform” rating on the stock in a report on Wednesday, February 26th. Stifel Nicolaus decreased their target price on shares of Realty Income from $70.00 to $66.50 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Scotiabank decreased their target price 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, BNP Paribas lowered shares of Realty Income from an “outperform” rating to a “neutral” rating and set a $61.00 target price on the stock. in a report on Tuesday, February 25th. Eleven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $62.04.

Realty Income Stock Down 0.6 %

NYSE:O opened at $56.39 on Thursday. The firm’s 50 day simple moving average is $54.97 and its 200 day simple moving average is $57.77. 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 Co. has a one year low of $50.65 and a one year high of $64.88. The company has a market cap of $50.27 billion, a PE ratio of 53.70, a P/E/G ratio of 2.10 and a beta of 1.00.

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 the consensus estimate of $1.06 by ($0.01). Realty Income had a return on equity of 2.35% and a net margin of 17.57%. The business had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.28 billion. On average, research analysts anticipate that Realty Income Co. will post 4.19 earnings per share for the current year.

Realty Income Dividend Announcement

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

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.