Xponance Inc. Acquires 3,305 Shares of Realty Income Co. (NYSE:O)

Xponance Inc. increased its holdings in shares of Realty Income Co. (NYSE:O) by 2.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 132,117 shares of the real estate investment trust’s stock after buying an additional 3,305 shares during the period. Xponance Inc.’s holdings in Realty Income were worth $7,056,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of O. Hopwood Financial Services Inc. bought a new stake in Realty Income in the fourth quarter valued at approximately $29,000. Sierra Ocean LLC bought a new stake in Realty Income in the fourth quarter valued at approximately $32,000. BankPlus Trust Department bought a new stake in Realty Income in the fourth quarter valued at approximately $37,000. Luken Investment Analytics LLC bought a new stake in Realty Income in the fourth quarter valued at approximately $40,000. Finally, ST Germain D J Co. Inc. increased its stake in Realty Income by 306.5% in the fourth quarter. ST Germain D J Co. Inc. now owns 752 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 567 shares in the last quarter. 70.81% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on O shares. Barclays upped their target price 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. BNP Paribas cut shares of Realty Income from an “outperform” rating to a “neutral” rating and set a $61.00 price target for the company. in a report on Tuesday, February 25th. Stifel Nicolaus reduced their price target 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. Scotiabank reduced their price target on shares of Realty Income from $59.00 to $57.00 and set a “sector perform” rating for the company in a report on Friday, February 28th. Finally, Royal Bank of Canada reduced their price target on shares of Realty Income from $62.00 to $60.00 and set an “outperform” rating for the company in a report on Wednesday, February 26th. Eleven analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $62.04.

Realty Income Stock Performance

Shares of O opened at $56.45 on Thursday. Realty Income Co. has a 12 month low of $50.65 and a 12 month high of $64.88. The firm has a fifty day simple moving average of $55.36 and a 200 day simple moving average of $57.59. The stock has a market capitalization of $50.32 billion, a price-to-earnings ratio of 53.76, a PEG ratio of 2.10 and a beta of 1.00. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.68.

Realty Income (NYSE:O) last announced 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. Research analysts forecast that Realty Income Co. will post 4.19 EPS for the current fiscal year.

Realty Income Increases Dividend

The company also recently declared a apr 25 dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be paid a $0.2685 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a yield of 5.7%. This is a boost from Realty Income’s previous apr 25 dividend of $0.27. Realty Income’s dividend payout ratio (DPR) is currently 328.57%.

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.