Realty Income Co. (NYSE:O) Shares Acquired by Shufro Rose & Co. LLC

Shufro Rose & Co. LLC increased its stake in shares of Realty Income Co. (NYSE:O - Free Report) by 46.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 46,250 shares of the real estate investment trust's stock after purchasing an additional 14,750 shares during the period. Shufro Rose & Co. LLC's holdings in Realty Income were worth $2,470,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of O. Simon Quick Advisors LLC raised its position in shares of Realty Income by 18.2% during the 4th quarter. Simon Quick Advisors LLC now owns 3,972 shares of the real estate investment trust's stock worth $212,000 after purchasing an additional 613 shares during the last quarter. Bartlett & CO. Wealth Management LLC raised its holdings in Realty Income by 18.5% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 2,962 shares of the real estate investment trust's stock valued at $158,000 after acquiring an additional 462 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in Realty Income by 4.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 550,264 shares of the real estate investment trust's stock valued at $29,390,000 after acquiring an additional 22,422 shares during the last quarter. Avior Wealth Management LLC raised its holdings in Realty Income by 28.8% in the 4th quarter. Avior Wealth Management LLC now owns 13,725 shares of the real estate investment trust's stock valued at $733,000 after acquiring an additional 3,067 shares during the last quarter. Finally, Red Door Wealth Management LLC acquired a new stake in Realty Income in the 4th quarter valued at about $289,000. Institutional investors and hedge funds own 70.81% of the company's stock.

Realty Income Trading Up 0.9%

Shares of NYSE:O traded up $0.49 during mid-day trading on Thursday, reaching $56.34. 4,849,244 shares of the company were exchanged, compared to its average volume of 5,197,682. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.40 and a quick ratio of 1.40. The firm has a market cap of $50.88 billion, a price-to-earnings ratio of 53.66, a P/E/G ratio of 2.10 and a beta of 0.78. The firm's 50-day simple moving average is $56.19 and its 200 day simple moving average is $55.61. 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 posted its quarterly earnings data 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 firm had revenue of $1.31 billion during the quarter, compared to analysts' expectations of $1.28 billion. Realty Income had a net margin of 17.57% and a return on equity of 2.35%. The firm's quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter last year, the company posted $1.03 EPS. Equities research analysts forecast that Realty Income Co. will post 4.19 EPS for the current year.

Realty Income Dividend Announcement

The firm also recently declared a jun 25 dividend, which will be paid on Friday, June 13th. Shareholders of record on Monday, June 2nd will be given a $0.2685 dividend. The ex-dividend date is Monday, June 2nd. This represents a yield of 5.8%. Realty Income's dividend payout ratio is presently 292.73%.

Analyst Upgrades and Downgrades

A number of analysts have commented on O shares. Stifel Nicolaus increased their price objective on shares of Realty Income from $65.50 to $68.00 and gave the company a "buy" rating in a report on Tuesday, May 6th. Scotiabank increased their price objective 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. JPMorgan Chase & Co. cut their price objective 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. Wedbush reiterated a "neutral" rating and issued a $61.00 price objective on shares of Realty Income in a report on Wednesday, May 7th. Finally, BNP Paribas cut shares of 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 equities 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, Realty Income presently has an average rating of "Hold" and an average target price of $61.15.

Realty Income 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.