Bradley Foster & Sargent Inc. CT Has $15.22 Million Position in Realty Income Co. (NYSE:O)

Bradley Foster & Sargent Inc. CT decreased its holdings in shares of Realty Income Co. (NYSE:O) by 2.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 284,878 shares of the real estate investment trust’s stock after selling 8,196 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Realty Income were worth $15,215,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Rosenberg Matthew Hamilton increased its position in shares of Realty Income by 75.4% during the third quarter. Rosenberg Matthew Hamilton now owns 491 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 211 shares during the period. Sierra Ocean LLC acquired a new position in shares of Realty Income in the 4th quarter valued at $32,000. Creative Capital Management Investments LLC lifted its holdings in shares of Realty Income by 133.3% during the 3rd quarter. Creative Capital Management Investments LLC now owns 525 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 300 shares during the period. ST Germain D J Co. Inc. boosted its position in shares of Realty Income by 306.5% during the 4th quarter. ST Germain D J Co. Inc. now owns 752 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 567 shares in the last quarter. Finally, Luken Investment Analytics LLC bought a new stake in Realty Income in the fourth quarter valued at about $40,000. 70.81% of the stock is owned by hedge funds and other institutional investors.

Realty Income Stock Performance

Shares of NYSE:O opened at $56.51 on Friday. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.68. The firm has a market cap of $49.46 billion, a PE ratio of 53.82, a PEG ratio of 2.06 and a beta of 1.00. The company’s 50 day moving average price is $53.88 and its two-hundred day moving average price is $58.09. Realty Income Co. has a 12-month low of $50.65 and a 12-month high of $64.88.

Realty Income Increases Dividend

The company also recently announced a mar 25 dividend, which will be paid on Friday, March 14th. Shareholders of record on Monday, March 3rd will be issued a $0.268 dividend. This is a positive change 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 301.91%.

Wall Street Analysts Forecast Growth

O has been the topic of several research analyst reports. Scotiabank decreased their target price on Realty Income from $61.00 to $59.00 and set a “sector perform” rating on the stock in a report on Thursday, January 16th. Mizuho reduced their price objective on shares of Realty Income from $60.00 to $54.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 8th. Stifel Nicolaus cut their price target on shares of Realty Income from $70.00 to $66.50 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. Barclays cut their target price on shares of Realty Income from $59.00 to $56.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 4th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $62.00 price objective on shares of Realty Income in a research report on Monday, January 27th. Ten investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $62.21.

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.