Realty Income Co. (NYSE:O) Shares Purchased by Yousif Capital Management LLC

Yousif Capital Management LLC raised its holdings in Realty Income Co. (NYSE:O - Free Report) by 8.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 273,086 shares of the real estate investment trust's stock after purchasing an additional 21,292 shares during the quarter. Yousif Capital Management LLC's holdings in Realty Income were worth $15,842,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Lee Danner & Bass Inc. purchased a new position in Realty Income in the 4th quarter valued at $28,000. Hopwood Financial Services Inc. purchased a new stake in shares of Realty Income in the fourth quarter valued at about $29,000. Sierra Ocean LLC acquired a new position in shares of Realty Income during the fourth quarter worth about $32,000. Millstone Evans Group LLC acquired a new position in shares of Realty Income during the fourth quarter worth about $34,000. Finally, Fourth Dimension Wealth LLC purchased a new position in Realty Income during the fourth quarter worth about $34,000. 70.81% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on O shares. Royal Bank of Canada dropped their target price on Realty Income from $62.00 to $60.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 26th. JPMorgan Chase & Co. reduced their target price on Realty Income from $64.00 to $61.00 and set a "neutral" rating for the company in a report on Monday, May 5th. Barclays reiterated an "overweight" rating on shares of Realty Income in a research note on Tuesday, April 22nd. Mizuho lifted their price target on shares of Realty Income from $54.00 to $59.00 and gave the company a "neutral" rating in a research report on Thursday, April 3rd. Finally, Scotiabank boosted their price target on Realty Income from $57.00 to $58.00 and gave the stock a "sector perform" rating in a research note on Monday, May 12th. Ten investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $61.15.

Realty Income Price Performance

Realty Income stock traded up $0.51 during mid-day trading on Tuesday, hitting $57.32. 4,734,335 shares of the company were exchanged, compared to its average volume of 5,203,168. Realty Income Co. has a 12-month low of $50.71 and a 12-month high of $64.88. The company has a market capitalization of $51.76 billion, a P/E ratio of 54.59, a PEG ratio of 2.10 and a beta of 0.76. The business's 50 day simple moving average is $56.12 and its two-hundred day simple moving average is $55.55. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.40 and a quick ratio of 1.40.

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 EPS for the quarter, hitting analysts' consensus estimates of $1.06. The firm 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%. The firm's quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.03 EPS. Analysts forecast that Realty Income Co. will post 4.19 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The firm also recently declared a jul 25 dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 1st will be issued a $0.269 dividend. Realty Income's dividend payout ratio (DPR) is presently 292.73%.

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.