Captrust Financial Advisors Purchases 8,589 Shares of Realty Income Co. (NYSE:O)

Captrust Financial Advisors lifted its holdings in Realty Income Co. (NYSE:O - Free Report) by 8.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,758 shares of the real estate investment trust's stock after acquiring an additional 8,589 shares during the quarter. Captrust Financial Advisors' holdings in Realty Income were worth $5,595,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Cary Street Partners Financial LLC bought a new stake in Realty Income during the 4th quarter worth about $390,000. Caxton Associates LP grew its stake in shares of Realty Income by 21.2% during the fourth quarter. Caxton Associates LP now owns 32,457 shares of the real estate investment trust's stock valued at $1,734,000 after purchasing an additional 5,681 shares during the last quarter. Balyasny Asset Management L.P. increased its holdings in shares of Realty Income by 4,438.1% in the fourth quarter. Balyasny Asset Management L.P. now owns 148,669 shares of the real estate investment trust's stock valued at $7,940,000 after purchasing an additional 145,393 shares in the last quarter. Benjamin Edwards Inc. raised its position in Realty Income by 1.0% in the 4th quarter. Benjamin Edwards Inc. now owns 205,891 shares of the real estate investment trust's stock worth $10,996,000 after purchasing an additional 1,973 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in Realty Income by 2.7% during the 4th quarter. Ameriprise Financial Inc. now owns 2,231,942 shares of the real estate investment trust's stock worth $118,485,000 after buying an additional 58,991 shares in the last quarter. 70.81% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently commented on O. BNP Paribas cut Realty Income from an "outperform" rating to a "neutral" rating and set a $61.00 target price for the company. in a research note on Tuesday, February 25th. Mizuho boosted their price objective on Realty Income from $54.00 to $59.00 and gave the stock a "neutral" rating in a report on Thursday, April 3rd. Wedbush reaffirmed a "neutral" rating and issued a $61.00 target price on shares of Realty Income in a research note on Wednesday. Barclays reiterated an "overweight" rating on shares of Realty Income in a research report on Tuesday, April 22nd. Finally, Scotiabank cut their price objective on shares of Realty Income from $59.00 to $57.00 and set a "sector perform" rating on the stock in a report on Friday, February 28th. Ten equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $61.77.

Realty Income Price Performance

O opened at $56.75 on Friday. The stock has a market cap of $50.61 billion, a P/E ratio of 54.05, a P/E/G ratio of 2.10 and a beta of 0.78. Realty Income Co. has a 12 month low of $50.71 and a 12 month high of $64.88. 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 company has a fifty day simple moving average of $56.55 and a 200 day simple moving average of $55.99.

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

Realty Income Dividend Announcement

The business also recently disclosed a may 25 dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be given a dividend of $0.2685 per share. This represents a dividend yield of 6%. The ex-dividend date is Thursday, May 1st. Realty Income's dividend payout ratio is 292.73%.

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.

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