Realty Income Co. (NYSE:O) Shares Acquired by Trust Co. of Vermont

Trust Co. of Vermont boosted its holdings in Realty Income Co. (NYSE:O) by 12.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 253,503 shares of the real estate investment trust’s stock after purchasing an additional 28,480 shares during the quarter. Trust Co. of Vermont’s holdings in Realty Income were worth $13,540,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the business. Arkadios Wealth Advisors boosted its holdings in Realty Income by 13.1% in the fourth quarter. Arkadios Wealth Advisors now owns 23,143 shares of the real estate investment trust’s stock valued at $1,236,000 after acquiring an additional 2,682 shares during the last quarter. LongView Wealth Management raised its holdings in shares of Realty Income by 39.0% in the 4th quarter. LongView Wealth Management now owns 35,188 shares of the real estate investment trust’s stock worth $1,879,000 after purchasing an additional 9,878 shares during the period. Walker Asset Management LLC lifted its stake in shares of Realty Income by 4.8% in the 4th quarter. Walker Asset Management LLC now owns 6,045 shares of the real estate investment trust’s stock valued at $323,000 after purchasing an additional 278 shares in the last quarter. Saxon Interests Inc. purchased a new stake in shares of Realty Income during the 4th quarter worth about $570,000. Finally, Wealthcare Advisory Partners LLC increased its position in Realty Income by 20.3% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 20,203 shares of the real estate investment trust’s stock worth $1,079,000 after purchasing an additional 3,414 shares in the last quarter. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on O shares. Scotiabank lowered their price target on Realty Income from $61.00 to $59.00 and set a “sector perform” rating for the company in a report on Thursday. UBS Group dropped 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. Barclays initiated coverage on Realty Income in a report on Tuesday, December 17th. They issued an “equal weight” rating and a $59.00 price target for the company. Deutsche Bank Aktiengesellschaft started coverage on shares of Realty Income in a research note on Wednesday, December 11th. They set a “hold” rating and a $62.00 price objective on the stock. Finally, Stifel Nicolaus decreased their target price on shares of Realty Income from $70.00 to $66.50 and set a “buy” rating for the company in a research note on Wednesday, January 8th. Twelve 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, Realty Income presently has an average rating of “Hold” and an average target price of $62.12.

Realty Income Stock Performance

Shares of O traded up $0.04 during trading hours on Friday, reaching $54.62. 5,341,328 shares of the company’s stock traded hands, compared to its average volume of 5,116,269. The firm has a market capitalization of $47.80 billion, a price-to-earnings ratio of 52.02, a P/E/G ratio of 1.85 and a beta of 1.00. The business’s fifty day simple moving average is $54.97 and its two-hundred day simple moving average is $58.31. Realty Income Co. has a twelve month low of $50.65 and a twelve month 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 quarterly earnings data on Monday, November 4th. The real estate investment trust reported $0.30 earnings per share for the quarter, missing the consensus estimate of $1.05 by ($0.75). The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.26 billion. Realty Income had a net margin of 17.57% and a return on equity of 2.35%. The company’s quarterly revenue was up 28.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.02 EPS. Analysts predict that Realty Income Co. will post 4.19 earnings per share for the current year.

Realty Income Announces Dividend

The company also recently disclosed 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 payout ratio is 301.91%.

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.