Hutner Capital Management Inc. Acquires 7,411 Shares of Realty Income Co. (NYSE:O)

Hutner Capital Management Inc. lifted its stake in Realty Income Co. (NYSE:O - Free Report) by 20.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 43,423 shares of the real estate investment trust's stock after acquiring an additional 7,411 shares during the period. Realty Income makes up 1.1% of Hutner Capital Management Inc.'s portfolio, making the stock its 23rd largest holding. Hutner Capital Management Inc.'s holdings in Realty Income were worth $2,319,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of O. Tcfg Wealth Management LLC boosted its stake in Realty Income by 2.9% in the 4th quarter. Tcfg Wealth Management LLC now owns 6,678 shares of the real estate investment trust's stock valued at $357,000 after buying an additional 186 shares in the last quarter. Romano Brothers AND Company increased its position in Realty Income by 2.0% in the fourth quarter. Romano Brothers AND Company now owns 10,194 shares of the real estate investment trust's stock worth $544,000 after purchasing an additional 200 shares during the period. Bay Rivers Group boosted its stake in Realty Income by 1.0% in the fourth quarter. Bay Rivers Group now owns 20,644 shares of the real estate investment trust's stock valued at $1,103,000 after acquiring an additional 200 shares during the last quarter. Smith Moore & CO. boosted its holdings in Realty Income by 4.8% during the fourth quarter. Smith Moore & CO. now owns 4,432 shares of the real estate investment trust's stock worth $237,000 after buying an additional 201 shares during the last quarter. Finally, Parkside Financial Bank & Trust raised its holdings in Realty Income by 11.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,144 shares of the real estate investment trust's stock worth $115,000 after purchasing an additional 218 shares during the period. Institutional investors own 70.81% of the company's stock.

Realty Income Trading Down 0.0 %

NYSE O traded down $0.01 on Monday, hitting $56.95. The company's stock had a trading volume of 4,353,997 shares, compared to its average volume of 5,201,064. The company's 50-day moving average is $56.58 and its 200 day moving average is $56.14. The firm has a market cap of $50.79 billion, a PE ratio of 54.24, a PEG ratio of 2.10 and a beta of 0.78. Realty Income Co. has a 1-year low of $50.71 and a 1-year high of $64.88. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.68.

Realty Income (NYSE:O - Get Free Report) last posted its quarterly earnings data on Monday, February 24th. The real estate investment trust reported $1.05 earnings per share for the quarter, missing the consensus estimate of $1.06 by ($0.01). The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.28 billion. Realty Income had a return on equity of 2.35% and a net margin of 17.57%. As a group, analysts predict that Realty Income Co. will post 4.19 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The business also recently disclosed a may 25 dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be paid a $0.2685 dividend. This represents a dividend yield of 6%. The ex-dividend date is Thursday, May 1st. Realty Income's dividend payout ratio (DPR) is presently 328.57%.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Royal Bank of Canada cut their price target on shares of Realty Income from $62.00 to $60.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 26th. Mizuho raised their price objective on Realty Income from $54.00 to $59.00 and gave the company a "neutral" rating in a research report on Thursday, April 3rd. Stifel Nicolaus decreased their target price on Realty Income from $70.00 to $66.50 and set a "buy" rating on the stock in a research report on Wednesday, January 8th. JPMorgan Chase & Co. dropped their price target on Realty Income from $64.00 to $61.00 and set a "neutral" rating for the company in a report on Monday. Finally, Barclays restated an "overweight" rating on shares of Realty Income in a research report on Tuesday, April 22nd. Ten investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $61.88.

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.