Sigma Planning Corp Acquires 6,051 Shares of Realty Income Co. (NYSE:O)

Sigma Planning Corp increased its holdings in shares of Realty Income Co. (NYSE:O) by 15.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,268 shares of the real estate investment trust’s stock after acquiring an additional 6,051 shares during the period. Sigma Planning Corp’s holdings in Realty Income were worth $2,471,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Trust Co. of Vermont grew its position in Realty Income by 12.7% during the 4th quarter. Trust Co. of Vermont now owns 253,503 shares of the real estate investment trust’s stock valued at $13,540,000 after purchasing an additional 28,480 shares during the last quarter. Atlanta Consulting Group Advisors LLC bought a new position in shares of Realty Income in the third quarter worth approximately $896,000. Charles Schwab Investment Management Inc. lifted its stake in shares of Realty Income by 5.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 9,729,229 shares of the real estate investment trust’s stock worth $617,028,000 after buying an additional 463,286 shares in the last quarter. Asset Management One Co. Ltd. lifted its stake in shares of Realty Income by 6.0% in the fourth quarter. Asset Management One Co. Ltd. now owns 1,782,196 shares of the real estate investment trust’s stock worth $93,850,000 after buying an additional 101,184 shares in the last quarter. Finally, Swiss National Bank lifted its stake in shares of Realty Income by 1.4% in the third quarter. Swiss National Bank now owns 2,584,694 shares of the real estate investment trust’s stock worth $163,921,000 after buying an additional 35,100 shares in the last quarter. Institutional investors own 70.81% of the company’s stock.

Realty Income Stock Up 1.1 %

O opened at $57.14 on Monday. Realty Income Co. has a 1-year low of $50.65 and a 1-year high of $64.88. The firm’s 50 day simple moving average is $53.92 and its two-hundred day simple moving average is $58.05. The company has a market capitalization of $50.01 billion, a PE ratio of 54.41, 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 Increases Dividend

The business also recently announced a mar 25 dividend, which will be paid on Friday, March 14th. Investors of record on Monday, March 3rd will be issued a $0.268 dividend. This is a boost from Realty Income’s previous mar 25 dividend of $0.26. This represents a yield of 5.7%. The ex-dividend date of this dividend is Monday, March 3rd. Realty Income’s dividend payout ratio (DPR) is currently 305.71%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. UBS Group lowered their price objective on Realty Income from $72.00 to $71.00 and set a “buy” rating on the stock in a research report on Thursday, November 14th. Barclays lowered their price target on Realty Income from $59.00 to $56.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 4th. 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 on the stock. Royal Bank of Canada restated an “outperform” rating and set a $62.00 target price on shares of Realty Income in a research note on Monday, January 27th. Finally, Stifel Nicolaus lowered their target price on shares of Realty Income from $70.00 to $66.50 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. Ten 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 price target of $62.21.

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.