Vanderbilt University Lowers Holdings in Realty Income Co. (NYSE:O)

Vanderbilt University lowered its position in shares of Realty Income Co. (NYSE:O) by 50.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,287 shares of the real estate investment trust’s stock after selling 26,918 shares during the quarter. Vanderbilt University’s holdings in Realty Income were worth $1,404,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in O. Rosenberg Matthew Hamilton raised its position in Realty Income by 75.4% in the third quarter. Rosenberg Matthew Hamilton now owns 491 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 211 shares in the last quarter. Creative Capital Management Investments LLC increased its holdings in shares of 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 purchasing an additional 300 shares in the last quarter. Luken Investment Analytics LLC purchased a new position in shares of Realty Income in the 4th quarter valued at about $40,000. ST Germain D J Co. Inc. lifted its stake in shares of 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 during the period. Finally, Independence Bank of Kentucky boosted its holdings in 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 worth $45,000 after buying an additional 300 shares in the last quarter. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Royal Bank of Canada reiterated an “outperform” rating and set a $62.00 price target on shares of Realty Income in a research report on Monday, January 27th. Deutsche Bank Aktiengesellschaft initiated coverage on Realty Income in a report on Wednesday, December 11th. They set a “hold” rating and a $62.00 price objective for the company. UBS Group lowered their target price on Realty Income from $72.00 to $71.00 and set a “buy” rating on the stock in a report on Thursday, November 14th. Mizuho cut their price target on Realty Income from $60.00 to $54.00 and set a “neutral” rating for the company in a research note on Wednesday, January 8th. Finally, Barclays lowered their price objective on shares of Realty Income from $59.00 to $56.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Twelve 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, Realty Income presently has a consensus rating of “Hold” and a consensus price target of $61.81.

Realty Income Stock Performance

NYSE:O opened at $54.47 on Thursday. Realty Income Co. has a 1-year low of $50.65 and a 1-year high of $64.88. The firm has a 50 day simple moving average of $54.31 and a 200-day simple moving average of $58.37. The firm has a market cap of $47.67 billion, a PE ratio of 51.87, 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 (NYSE:O) last issued 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 business had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.26 billion. Realty Income had a return on equity of 2.35% and a net margin of 17.57%. The company’s revenue for the quarter was up 28.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.02 EPS. On average, equities analysts expect that Realty Income Co. will post 4.19 EPS for the current year.

Realty Income Announces Dividend

The firm also recently announced 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 presently 301.91%.

Realty Income 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.