FourThought Financial Partners LLC Has $1.48 Million Stock Position in Realty Income Co. (NYSE:O)

FourThought Financial Partners LLC decreased its position in shares of Realty Income Co. (NYSE:O) by 9.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,639 shares of the real estate investment trust’s stock after selling 2,762 shares during the period. FourThought Financial Partners LLC’s holdings in Realty Income were worth $1,476,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Allspring Global Investments Holdings LLC increased its stake in shares of Realty Income by 1.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 41,570 shares of the real estate investment trust’s stock valued at $2,636,000 after purchasing an additional 677 shares during the last quarter. International Assets Investment Management LLC increased its holdings in shares of Realty Income by 2,938.5% during the third quarter. International Assets Investment Management LLC now owns 301,572 shares of the real estate investment trust’s stock worth $19,126,000 after buying an additional 291,647 shares in the last quarter. Ballentine Partners LLC grew its position in Realty Income by 3.2% during the 3rd quarter. Ballentine Partners LLC now owns 8,048 shares of the real estate investment trust’s stock worth $510,000 after acquiring an additional 247 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Realty Income by 32.4% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 115,386 shares of the real estate investment trust’s stock valued at $7,238,000 after purchasing an additional 28,210 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its position in Realty Income by 21.0% in the 3rd quarter. Arkadios Wealth Advisors now owns 20,461 shares of the real estate investment trust’s stock valued at $1,298,000 after acquiring an additional 3,557 shares during the period. Institutional investors and hedge funds own 70.81% of the company’s stock.

Realty Income Stock Performance

Realty Income stock opened at $57.28 on Tuesday. 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 Co. has a 1-year low of $50.65 and a 1-year high of $64.88. The firm has a market capitalization of $50.13 billion, a PE ratio of 54.55, a price-to-earnings-growth ratio of 2.10 and a beta of 1.00. The firm’s 50 day simple moving average is $53.97 and its 200 day simple moving average is $58.03.

Realty Income (NYSE:O) last posted its quarterly earnings data on Monday, February 24th. The real estate investment trust reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.06 by ($0.01). Realty Income had a net margin of 17.57% and a return on equity of 2.35%. As a group, analysts expect that Realty Income Co. will post 4.19 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The firm also recently disclosed a mar 25 dividend, which will be paid on Friday, March 14th. Stockholders of record on Monday, March 3rd will be paid a $0.268 dividend. This is a boost from Realty Income’s previous mar 25 dividend of $0.26. The ex-dividend date is Monday, March 3rd. This represents a dividend yield of 5.7%. Realty Income’s dividend payout ratio is 305.71%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on O. Royal Bank of Canada restated an “outperform” rating and set a $62.00 price objective on shares of Realty Income in a research report on Monday, January 27th. Barclays reduced their price objective on shares of Realty Income from $59.00 to $56.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 4th. UBS Group decreased their target price on Realty Income from $72.00 to $71.00 and set a “buy” rating for the company in a research report on Thursday, November 14th. Stifel Nicolaus decreased their price target 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. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Realty Income in a research report on Wednesday, December 11th. They set a “hold” rating and a $62.00 target price for the company. Ten analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price 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.