U.S. Capital Wealth Advisors LLC Has $5.84 Million Stake in Realty Income Corporation (NYSE:O)

U.S. Capital Wealth Advisors LLC grew its stake in shares of Realty Income Corporation (NYSE:O - Free Report) by 139.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 100,709 shares of the real estate investment trust's stock after acquiring an additional 58,711 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in Realty Income were worth $5,842,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of O. Lee Danner & Bass Inc. purchased a new position in Realty Income in the 4th quarter worth approximately $28,000. Hopwood Financial Services Inc. purchased a new position in shares of Realty Income during the 4th quarter valued at approximately $29,000. PSI Advisors LLC boosted its stake in shares of Realty Income by 78.3% during the 1st quarter. PSI Advisors LLC now owns 574 shares of the real estate investment trust's stock valued at $33,000 after buying an additional 252 shares during the last quarter. FSC Wealth Advisors LLC boosted its stake in shares of Realty Income by 288.0% during the 1st quarter. FSC Wealth Advisors LLC now owns 613 shares of the real estate investment trust's stock valued at $36,000 after buying an additional 455 shares during the last quarter. Finally, Millstone Evans Group LLC purchased a new position in shares of Realty Income during the 4th quarter valued at approximately $34,000. Institutional investors and hedge funds own 70.81% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Barclays reaffirmed an "overweight" rating on shares of Realty Income in a research report on Tuesday, April 22nd. JPMorgan Chase & Co. lowered their price target on Realty Income from $64.00 to $61.00 and set a "neutral" rating on the stock in a report on Monday, May 5th. Mizuho raised their target price on Realty Income from $54.00 to $59.00 and gave the company a "neutral" rating in a research note on Thursday, April 3rd. Stifel Nicolaus raised their target price on Realty Income from $65.50 to $68.00 and gave the company a "buy" rating in a research note on Tuesday, May 6th. Finally, UBS Group decreased their target price on Realty Income from $64.00 to $62.00 and set a "buy" rating for the company in a research note on Tuesday, May 13th. Nine analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Realty Income currently has a consensus rating of "Hold" and an average target price of $61.15.

Realty Income Stock Up 0.4%

Shares of O traded up $0.21 during midday trading on Friday, reaching $57.14. 4,626,855 shares of the stock were exchanged, compared to its average volume of 5,253,840. Realty Income Corporation has a 12-month low of $50.71 and a 12-month high of $64.88. The firm has a 50 day simple moving average of $56.74 and a 200-day simple moving average of $55.88. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.69. The company has a market cap of $51.60 billion, a price-to-earnings ratio of 51.95, a P/E/G ratio of 3.98 and a beta of 0.75.

Realty Income (NYSE:O - Get Free Report) last issued its quarterly earnings data 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. Realty Income had a return on equity of 2.51% and a net margin of 18.15%. The business had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.28 billion. During the same period last year, the business earned $1.03 EPS. The firm's revenue was up 9.5% compared to the same quarter last year. Research analysts forecast that Realty Income Corporation will post 4.19 EPS for the current year.

Realty Income Dividend Announcement

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