Realty Income Corporation (NYSE:O) Stock Holdings Boosted by Cetera Investment Advisers

Key Points

• Cetera Investment Advisers has increased its holdings in Realty Income Corporation by 5.6%, now owning over 1 million shares valued at approximately $59.1 million.
• Analysts have mixed ratings on Realty Income, with the consensus being a "Hold" and an average price target of $61.15, reflecting a recent downgrade from Wolfe Research.
• Realty Income announced a $0.269 dividend with a yield of 5.7%, set to be paid on August 15, with a significant dividend payout ratio of 293.64%.

Cetera Investment Advisers lifted its position in shares of Realty Income Corporation (NYSE:O - Free Report) by 5.6% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 1,019,400 shares of the real estate investment trust's stock after acquiring an additional 54,510 shares during the period. Cetera Investment Advisers owned 0.11% of Realty Income worth $59,135,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. PSI Advisors LLC lifted its holdings in Realty Income by 78.3% in the first quarter. PSI Advisors LLC now owns 574 shares of the real estate investment trust's stock worth $33,000 after purchasing an additional 252 shares during the period. FSC Wealth Advisors LLC lifted its holdings in Realty Income by 288.0% in the first quarter. FSC Wealth Advisors LLC now owns 613 shares of the real estate investment trust's stock worth $36,000 after purchasing an additional 455 shares during the period. Fourth Dimension Wealth LLC acquired a new stake in Realty Income in the fourth quarter worth about $34,000. Orion Capital Management LLC acquired a new stake in Realty Income in the fourth quarter worth about $37,000. Finally, CVA Family Office LLC lifted its holdings in Realty Income by 52.8% in the first quarter. CVA Family Office LLC now owns 787 shares of the real estate investment trust's stock worth $46,000 after purchasing an additional 272 shares during the period. Institutional investors own 70.81% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on O. UBS Group reduced their price objective on shares of Realty Income from $64.00 to $62.00 and set a "buy" rating for the company in a report on Tuesday, May 13th. Mizuho upped their price target on shares of Realty Income from $54.00 to $59.00 and gave the company a "neutral" rating in a report on Thursday, April 3rd. JPMorgan Chase & Co. cut their price target on shares of Realty Income from $64.00 to $61.00 and set a "neutral" rating for the company in a report on Monday, May 5th. Wolfe Research downgraded shares of Realty Income from an "outperform" rating to a "peer perform" rating in a report on Monday, July 14th. Finally, Scotiabank upped their price target on shares of Realty Income from $57.00 to $58.00 and gave the company a "sector perform" rating in a report on Monday, May 12th. Ten research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, Realty Income has a consensus rating of "Hold" and an average price target of $61.15.

Realty Income Price Performance

O stock opened at $57.90 on Friday. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.69. Realty Income Corporation has a one year low of $50.71 and a one year high of $64.88. The firm has a market capitalization of $52.29 billion, a PE ratio of 52.64, a P/E/G ratio of 4.07 and a beta of 0.75. The firm has a 50-day moving average of $56.99 and a two-hundred day moving average of $56.18.

Realty Income (NYSE:O - Get Free Report) last issued its earnings results on Monday, May 5th. The real estate investment trust reported $1.06 earnings per share for the quarter, meeting analysts' consensus estimates of $1.06. The company had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.28 billion. Realty Income had a return on equity of 2.51% and a net margin of 18.15%. The firm's quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.03 EPS. On average, analysts forecast that Realty Income Corporation will post 4.19 earnings per share for the current year.

Realty Income Announces Dividend

The firm also recently announced a aug 25 dividend, which will be paid on Friday, August 15th. Stockholders of record on Friday, August 1st will be issued a $0.269 dividend. The ex-dividend date of this dividend is Friday, August 1st. This represents a dividend yield of 5.7%. Realty Income's dividend payout ratio is 293.64%.

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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