U.S. Capital Wealth Advisors LLC Acquires 37,831 Shares of Realty Income Co. (NYSE:O)

U.S. Capital Wealth Advisors LLC lifted its position in shares of Realty Income Co. (NYSE:O) by 907.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 41,998 shares of the real estate investment trust’s stock after buying an additional 37,831 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Realty Income were worth $2,243,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. ZWJ Investment Counsel Inc. grew its holdings in Realty Income by 0.6% during the third quarter. ZWJ Investment Counsel Inc. now owns 29,279 shares of the real estate investment trust’s stock worth $1,857,000 after acquiring an additional 164 shares during the period. Whittier Trust Co. grew its holdings in Realty Income by 4.5% during the third quarter. Whittier Trust Co. now owns 3,871 shares of the real estate investment trust’s stock worth $245,000 after acquiring an additional 166 shares during the period. Greenleaf Trust grew its holdings in Realty Income by 1.0% during the third quarter. Greenleaf Trust now owns 16,911 shares of the real estate investment trust’s stock worth $1,072,000 after acquiring an additional 170 shares during the period. Grove Bank & Trust grew its holdings in Realty Income by 14.3% in the third quarter. Grove Bank & Trust now owns 1,409 shares of the real estate investment trust’s stock valued at $89,000 after purchasing an additional 176 shares during the period. Finally, Buckley Wealth Management LLC grew its holdings in Realty Income by 1.9% in the third quarter. Buckley Wealth Management LLC now owns 9,450 shares of the real estate investment trust’s stock valued at $599,000 after purchasing an additional 176 shares during the period. 70.81% of the stock is currently owned by hedge funds and other institutional investors.

Realty Income Stock Performance

Shares of O opened at $54.51 on Tuesday. The firm’s 50 day moving average is $54.45 and its 200-day moving average is $58.41. The stock has a market capitalization of $47.71 billion, a P/E ratio of 51.91, a P/E/G ratio of 1.96 and a beta of 1.00. 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 12-month low of $50.65 and a 12-month high of $64.88.

Realty Income (NYSE:O) last posted its earnings results on Monday, November 4th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.75). Realty Income had a net margin of 17.57% and a return on equity of 2.35%. The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.26 billion. During the same quarter last year, the firm earned $1.02 earnings per share. Realty Income’s revenue was up 28.1% compared to the same quarter last year. Equities research analysts anticipate that Realty Income Co. will post 4.19 EPS for the current fiscal year.

Realty Income Announces Dividend

The business also recently declared a feb 25 dividend, which will be paid on Friday, February 14th. Investors of record on Monday, February 3rd will be given a dividend of $0.264 per share. The ex-dividend date of this dividend is Monday, February 3rd. This represents a yield of 5.9%. Realty Income’s dividend payout ratio (DPR) is 301.91%.

Analyst Upgrades and Downgrades

Several brokerages have commented on O. Royal Bank of Canada reissued an “outperform” rating and issued a $62.00 price objective on shares of Realty Income in a report on Monday, January 27th. UBS Group lowered their price target on Realty Income from $72.00 to $71.00 and set a “buy” rating on the stock in a research note on Thursday, November 14th. Stifel Nicolaus lowered their price target on Realty Income from $70.00 to $66.50 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. Mizuho lowered their price target on Realty Income from $60.00 to $54.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 8th. Finally, Barclays assumed coverage on Realty Income in a research note on Tuesday, December 17th. They issued an “equal weight” rating and a $59.00 price target on the stock. Twelve equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target 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.