Caxton Associates LP Acquires 5,681 Shares of Realty Income Co. (NYSE:O)

Caxton Associates LP grew its stake in shares of Realty Income Co. (NYSE:O - Free Report) by 21.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,457 shares of the real estate investment trust's stock after purchasing an additional 5,681 shares during the quarter. Caxton Associates LP's holdings in Realty Income were worth $1,734,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Lee Danner & Bass Inc. acquired a new stake in Realty Income in the fourth quarter worth about $28,000. Hopwood Financial Services Inc. bought a new stake in shares of Realty Income during the 4th quarter worth $29,000. Sierra Ocean LLC acquired a new position in shares of Realty Income in the 4th quarter worth $32,000. Millstone Evans Group LLC acquired a new stake in shares of Realty Income during the fourth quarter worth $34,000. Finally, BankPlus Trust Department purchased a new stake in shares of Realty Income during the fourth quarter valued at $37,000. Hedge funds and other institutional investors own 70.81% of the company's stock.

Realty Income Price Performance

NYSE:O traded down $0.05 on Wednesday, reaching $56.75. The stock had a trading volume of 6,818,311 shares, compared to its average volume of 5,198,230. The company has a market capitalization of $50.60 billion, a P/E ratio of 54.04, a price-to-earnings-growth ratio of 2.10 and a beta of 0.78. The stock has a fifty day moving average price of $56.59 and a 200-day moving average price of $56.09. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.68. Realty Income Co. has a 1-year low of $50.71 and a 1-year high of $64.88.

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

Realty Income Dividend Announcement

The company also recently declared a may 25 dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be issued a $0.2685 dividend. The ex-dividend date of this dividend is Thursday, May 1st. This represents a dividend yield of 6%. Realty Income's dividend payout ratio (DPR) is 292.73%.

Analyst Upgrades and Downgrades

O has been the subject of a number of recent analyst reports. Scotiabank decreased their price objective on shares of Realty Income from $59.00 to $57.00 and set a "sector perform" rating for the company in a research note on Friday, February 28th. Royal Bank of Canada decreased their price objective on Realty Income from $62.00 to $60.00 and set an "outperform" rating for the company in a research report on Wednesday, February 26th. JPMorgan Chase & Co. dropped their target price on Realty Income from $64.00 to $61.00 and set a "neutral" rating on the stock in a report on Monday. Wedbush reaffirmed a "neutral" rating and issued a $61.00 target price on shares of Realty Income in a research report on Wednesday. Finally, BNP Paribas downgraded Realty Income from an "outperform" rating to a "neutral" rating and set a $61.00 price target for the company. in a research note on Tuesday, February 25th. Ten investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $61.77.

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.