Measured Risk Portfolios Inc. Invests $2.08 Million in Realty Income Co. (NYSE:O)

Measured Risk Portfolios Inc. bought a new position in shares of Realty Income Co. (NYSE:O - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 38,938 shares of the real estate investment trust's stock, valued at approximately $2,080,000. Realty Income makes up 2.2% of Measured Risk Portfolios Inc.'s holdings, making the stock its 16th biggest position.

Several other hedge funds and other institutional investors have also made changes to their positions in O. Tcfg Wealth Management LLC increased its holdings 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 worth $357,000 after acquiring an additional 186 shares during the last quarter. Romano Brothers AND Company boosted its holdings in Realty Income by 2.0% in the 4th quarter. Romano Brothers AND Company now owns 10,194 shares of the real estate investment trust's stock worth $544,000 after buying an additional 200 shares during the period. Bay Rivers Group grew its stake in Realty Income by 1.0% in the 4th quarter. Bay Rivers Group now owns 20,644 shares of the real estate investment trust's stock valued at $1,103,000 after buying an additional 200 shares in the last quarter. Smith Moore & CO. lifted its position in shares of 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 acquiring an additional 201 shares in the last quarter. Finally, Parkside Financial Bank & Trust grew its position in shares of 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 valued at $115,000 after purchasing an additional 218 shares in the last quarter. Institutional investors and hedge funds own 70.81% of the company's stock.

Realty Income Price Performance

Shares of O traded up $0.78 during mid-day trading on Thursday, hitting $55.32. 5,832,695 shares of the company were exchanged, compared to its average volume of 5,216,662. Realty Income Co. has a 1-year low of $50.71 and a 1-year high of $64.88. The stock has a market cap of $49.96 billion, a price-to-earnings ratio of 52.69, a price-to-earnings-growth ratio of 2.10 and a beta of 0.78. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.40 and a current ratio of 1.40. The company has a 50 day moving average of $56.38 and a 200-day moving average of $55.83.

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, meeting the consensus estimate of $1.06. The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.28 billion. Realty Income had a net margin of 17.57% and a return on equity of 2.35%. The business's revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.03 earnings per share. Analysts expect that Realty Income Co. will post 4.19 EPS for the current fiscal year.

Realty Income Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms recently commented on O. BNP Paribas cut Realty Income from an "outperform" rating to a "neutral" rating and set a $61.00 target price for the company. in a research report on Tuesday, February 25th. Royal Bank of Canada lowered their target price 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. Wedbush restated a "neutral" rating and set a $61.00 price objective on shares of Realty Income in a research report on Wednesday, May 7th. Stifel Nicolaus upped their target price on shares of Realty Income from $65.50 to $68.00 and gave the stock a "buy" rating in a research report on Tuesday, May 6th. Finally, JPMorgan Chase & Co. dropped their target price on Realty Income from $64.00 to $61.00 and set a "neutral" rating for the company in a research report on Monday, May 5th. Ten investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $61.15.

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.