Ausdal Financial Partners Inc. Buys 338 Shares of Realty Income Co. (NYSE:O)

Ausdal Financial Partners Inc. lifted its stake in Realty Income Co. (NYSE:O) by 2.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,045 shares of the real estate investment trust’s stock after acquiring an additional 338 shares during the period. Ausdal Financial Partners Inc.’s holdings in Realty Income were worth $750,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cerity Partners LLC lifted its position in Realty Income by 60.0% during the 3rd quarter. Cerity Partners LLC now owns 86,934 shares of the real estate investment trust’s stock worth $5,513,000 after acquiring an additional 32,600 shares during the last quarter. Summit Trail Advisors LLC increased its stake in shares of Realty Income by 15.7% in the third quarter. Summit Trail Advisors LLC now owns 6,912 shares of the real estate investment trust’s stock worth $438,000 after purchasing an additional 938 shares during the period. Independent Advisor Alliance lifted its position in shares of Realty Income by 7.7% during the 3rd quarter. Independent Advisor Alliance now owns 21,958 shares of the real estate investment trust’s stock worth $1,393,000 after purchasing an additional 1,571 shares during the last quarter. Private Trust Co. NA boosted its stake in Realty Income by 12.3% during the 3rd quarter. Private Trust Co. NA now owns 10,187 shares of the real estate investment trust’s stock valued at $646,000 after purchasing an additional 1,112 shares during the period. Finally, The Manufacturers Life Insurance Company grew its holdings in Realty Income by 3.1% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 621,476 shares of the real estate investment trust’s stock valued at $39,414,000 after buying an additional 18,804 shares during the last quarter. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Realty Income Stock Performance

Realty Income stock opened at $56.57 on Thursday. The firm has a market capitalization of $50.43 billion, a P/E ratio of 53.87, a P/E/G ratio of 2.10 and a beta of 1.00. The stock has a fifty day moving average price of $55.72 and a two-hundred day moving average price of $57.37. Realty Income Co. has a 52-week low of $50.65 and a 52-week high of $64.88. 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 announced its earnings results on Monday, February 24th. The real estate investment trust reported $1.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.01). The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.28 billion. Realty Income had a return on equity of 2.35% and a net margin of 17.57%. As a group, analysts anticipate that Realty Income Co. will post 4.19 EPS for the current fiscal year.

Realty Income Increases Dividend

The firm also recently announced a apr 25 dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be issued a $0.2685 dividend. This is an increase from Realty Income’s previous apr 25 dividend of $0.27. This represents a dividend yield of 5.7%. The ex-dividend date is Tuesday, April 1st. Realty Income’s payout ratio is presently 328.57%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on O. Deutsche Bank Aktiengesellschaft assumed coverage on Realty Income in a report on Wednesday, December 11th. They set a “hold” rating and a $62.00 price target for the company. BNP Paribas lowered shares of Realty Income from an “outperform” rating to a “neutral” rating and set a $61.00 price target on the stock. in a research report on Tuesday, February 25th. Stifel Nicolaus dropped their price objective 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. Royal Bank of Canada reduced their target price on shares of Realty Income from $62.00 to $60.00 and set an “outperform” rating for the company in a research note on Wednesday, February 26th. Finally, 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. Eleven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $62.04.

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.