Cambridge Investment Research Advisors Inc. Acquires 10,435 Shares of Realty Income Co. (NYSE:O)

Cambridge Investment Research Advisors Inc. grew its holdings in Realty Income Co. (NYSE:O - Free Report) by 2.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 522,998 shares of the real estate investment trust's stock after acquiring an additional 10,435 shares during the quarter. Cambridge Investment Research Advisors Inc. owned 0.06% of Realty Income worth $27,933,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in shares of Realty Income during the 4th quarter worth approximately $553,572,000. Trust Co. of Vermont increased its holdings in Realty Income by 12.7% in 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 buying an additional 28,480 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Realty Income by 27.9% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 761,211 shares of the real estate investment trust's stock valued at $40,656,000 after buying an additional 166,178 shares in the last quarter. Asset Management One Co. Ltd. lifted its holdings in shares of Realty Income by 6.0% during the 4th 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 acquiring an additional 101,184 shares during the period. Finally, Principal Financial Group Inc. boosted its position in shares of Realty Income by 3.5% during the 3rd quarter. Principal Financial Group Inc. now owns 2,190,739 shares of the real estate investment trust's stock valued at $138,937,000 after acquiring an additional 74,185 shares in the last quarter. Institutional investors and hedge funds own 70.81% of the company's stock.

Realty Income Stock Performance

Shares of O opened at $56.84 on Wednesday. The firm has a market cap of $50.69 billion, a P/E ratio of 54.13, a PEG ratio of 2.10 and a beta of 0.78. Realty Income Co. has a twelve month low of $50.71 and a twelve month high of $64.88. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.40 and a current ratio of 1.40. The firm's 50 day moving average price is $56.60 and its two-hundred day moving average price is $56.09.

Realty Income (NYSE:O - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The real estate investment trust reported $1.06 earnings per share for the quarter, hitting the consensus estimate of $1.06. The company had revenue of $1.31 billion during the quarter, compared to analysts' expectations of $1.28 billion. Realty Income had a return on equity of 2.35% and a net margin of 17.57%. Realty Income's revenue for the quarter was up 9.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.03 earnings per share. On average, analysts forecast that Realty Income Co. will post 4.19 EPS for the current fiscal year.

Realty Income Dividend Announcement

The business also recently declared a may 25 dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be paid a $0.2685 dividend. The ex-dividend date is Thursday, May 1st. This represents a yield of 6%. Realty Income's dividend payout ratio is 328.57%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on O shares. Mizuho increased their target price on Realty Income from $54.00 to $59.00 and gave the stock a "neutral" rating in a report on Thursday, April 3rd. JPMorgan Chase & Co. cut their price objective on Realty Income from $64.00 to $61.00 and set a "neutral" rating for the company in a report on Monday. Barclays reaffirmed an "overweight" rating on shares of Realty Income in a report on Tuesday, April 22nd. Royal Bank of Canada cut their price target on shares of Realty Income from $62.00 to $60.00 and set an "outperform" rating for the company in a report on Wednesday, February 26th. Finally, Stifel Nicolaus upped their price objective on shares of Realty Income from $65.50 to $68.00 and gave the stock a "buy" rating in a research note on Tuesday. Ten equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $62.00.

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.

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