Jefferies Financial Group Inc. Invests $308,000 in Realty Income Corporation (NYSE:O)

Jefferies Financial Group Inc. purchased a new stake in Realty Income Corporation (NYSE:O - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 5,307 shares of the real estate investment trust's stock, valued at approximately $308,000.

A number of other large investors have also recently bought and sold shares of O. Shufro Rose & Co. LLC boosted its stake in Realty Income by 11.2% in the first quarter. Shufro Rose & Co. LLC now owns 51,450 shares of the real estate investment trust's stock worth $2,985,000 after purchasing an additional 5,200 shares in the last quarter. Harbour Investments Inc. raised its holdings in shares of Realty Income by 5.8% in the first quarter. Harbour Investments Inc. now owns 11,110 shares of the real estate investment trust's stock valued at $644,000 after buying an additional 608 shares during the last quarter. Brentview Investment Management LLC lifted its position in Realty Income by 5.4% during the 1st quarter. Brentview Investment Management LLC now owns 49,814 shares of the real estate investment trust's stock worth $2,890,000 after buying an additional 2,538 shares in the last quarter. MGO One Seven LLC lifted its position in Realty Income by 3.5% during the 1st quarter. MGO One Seven LLC now owns 46,009 shares of the real estate investment trust's stock worth $2,669,000 after buying an additional 1,553 shares in the last quarter. Finally, Sound View Wealth Advisors Group LLC grew its holdings in Realty Income by 11.8% during the 1st quarter. Sound View Wealth Advisors Group LLC now owns 7,506 shares of the real estate investment trust's stock worth $435,000 after acquiring an additional 792 shares during the last quarter. 70.81% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have weighed in on O shares. JPMorgan Chase & Co. dropped their target price on shares of Realty Income from $64.00 to $61.00 and set a "neutral" rating for the company in a research note on Monday, May 5th. Wolfe Research cut shares of Realty Income from an "outperform" rating to a "peer perform" rating in a research report on Monday, July 14th. Wedbush reaffirmed a "neutral" rating and set a $61.00 price objective on shares of Realty Income in a report on Wednesday, May 7th. Scotiabank increased their price objective on Realty Income from $57.00 to $58.00 and gave the company a "sector perform" rating in a research report on Monday, May 12th. Finally, UBS Group dropped their target price on Realty Income from $64.00 to $62.00 and set a "buy" rating for the company in a research report on Tuesday, May 13th. Eight research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $61.36.

Realty Income Trading Up 0.4%

NYSE O opened at $57.15 on Friday. Realty Income Corporation has a 12 month low of $50.71 and a 12 month high of $64.88. The stock has a 50-day simple moving average of $57.20 and a 200 day simple moving average of $56.41. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $51.61 billion, a PE ratio of 55.49, a P/E/G ratio of 3.99 and a beta of 0.76.

Realty Income (NYSE:O - Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The real estate investment trust reported $1.05 EPS for the quarter, missing analysts' consensus estimates of $1.06 by ($0.01). The company had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.33 billion. Realty Income had a net margin of 16.77% and a return on equity of 2.35%. The business's revenue was up 5.3% compared to the same quarter last year. During the same period last year, the company earned $1.07 earnings per share. Research analysts forecast that Realty Income Corporation will post 4.19 EPS for the current year.

Realty Income Dividend Announcement

The company also recently declared a aug 25 dividend, which will be paid on Friday, August 15th. Stockholders of record on Friday, August 1st will be given a dividend of $0.269 per share. This represents a dividend yield of 570.0%. The ex-dividend date of this dividend is Friday, August 1st. Realty Income's dividend payout ratio (DPR) is currently 293.64%.

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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