Janus Henderson Group PLC Has $145.63 Million Stake in Realty Income Co. (NYSE:O)

Janus Henderson Group PLC lessened its holdings in shares of Realty Income Co. (NYSE:O - Free Report) by 1.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,725,360 shares of the real estate investment trust's stock after selling 34,822 shares during the quarter. Janus Henderson Group PLC owned approximately 0.31% of Realty Income worth $145,626,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC grew its stake in Realty Income by 0.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 149,758 shares of the real estate investment trust's stock valued at $7,999,000 after buying an additional 485 shares during the last quarter. Czech National Bank boosted its holdings in shares of Realty Income by 7.0% during the fourth quarter. Czech National Bank now owns 189,763 shares of the real estate investment trust's stock worth $10,135,000 after acquiring an additional 12,358 shares during the period. Brookstone Capital Management grew its position in shares of Realty Income by 1.4% in the fourth quarter. Brookstone Capital Management now owns 204,262 shares of the real estate investment trust's stock valued at $10,910,000 after purchasing an additional 2,755 shares during the last quarter. Adams Asset Advisors LLC increased its stake in shares of Realty Income by 21.4% during the fourth quarter. Adams Asset Advisors LLC now owns 23,407 shares of the real estate investment trust's stock worth $1,250,000 after purchasing an additional 4,132 shares during the period. Finally, Salem Investment Counselors Inc. lifted its holdings in Realty Income by 66.3% during the 4th quarter. Salem Investment Counselors Inc. now owns 1,680 shares of the real estate investment trust's stock worth $90,000 after purchasing an additional 670 shares during the last quarter. Institutional investors own 70.81% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Stifel Nicolaus upped their price objective on Realty Income from $65.50 to $68.00 and gave the company a "buy" rating in a report on Tuesday, May 6th. Royal Bank of Canada dropped their price target on shares of Realty Income from $62.00 to $60.00 and set an "outperform" rating for the company in a research report on Wednesday, February 26th. Scotiabank raised their price objective on Realty Income from $57.00 to $58.00 and gave the stock a "sector perform" rating in a research note on Monday. JPMorgan Chase & Co. cut 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. Finally, Wedbush reissued a "neutral" rating and set a $61.00 target price on shares of Realty Income in a report on Wednesday, May 7th. 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 has a consensus rating of "Hold" and a consensus target price of $61.15.

Realty Income Price Performance

Shares of NYSE O traded up $0.78 during mid-day trading on Thursday, hitting $55.32. 5,832,695 shares of the stock traded hands, compared to its average volume of 5,219,875. The company has a market cap of $49.96 billion, a PE ratio of 52.69, a price-to-earnings-growth ratio of 2.10 and a beta of 0.78. Realty Income Co. has a twelve month low of $50.71 and a twelve month high of $64.88. 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 50 day simple moving average of $56.38 and a two-hundred day simple moving average of $55.83.

Realty Income (NYSE:O - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The real estate investment trust reported $1.06 EPS for the quarter, meeting analysts' consensus estimates of $1.06. Realty Income had a return on equity of 2.35% and a net margin of 17.57%. The firm had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same period last year, the firm posted $1.03 earnings per share. The business's revenue for the quarter was up 9.5% on a year-over-year basis. As a group, equities research analysts forecast that Realty Income Co. will post 4.19 EPS for the current fiscal year.

Realty Income Announces Dividend

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

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.