16,099 Shares in Realty Income Co. (NYSE:O) Bought by Virtu Financial LLC

Virtu Financial LLC bought a new position in Realty Income Co. (NYSE:O) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 16,099 shares of the real estate investment trust’s stock, valued at approximately $924,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of O. American National Bank bought a new position in Realty Income during the fourth quarter worth $25,000. Baystate Wealth Management LLC raised its position in shares of Realty Income by 62.7% during the fourth quarter. Baystate Wealth Management LLC now owns 493 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 190 shares during the last quarter. CVA Family Office LLC bought a new stake in shares of Realty Income in the fourth quarter valued at about $29,000. Private Wealth Management Group LLC acquired a new stake in Realty Income during the fourth quarter worth about $32,000. Finally, Able Wealth Management LLC bought a new position in Realty Income during the fourth quarter valued at about $32,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Insider Transactions at Realty Income

In related news, Director A. Larry Chapman sold 5,000 shares of the firm’s stock in a transaction on Tuesday, April 9th. The shares were sold at an average price of $54.23, for a total value of $271,150.00. Following the completion of the transaction, the director now directly owns 6,257 shares of the company’s stock, valued at $339,317.11. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

O has been the topic of a number of recent research reports. Mizuho boosted their price target on shares of Realty Income from $56.00 to $59.00 and gave the company a “buy” rating in a report on Friday, May 10th. KeyCorp assumed coverage on shares of Realty Income in a research report on Wednesday. They issued a “sector weight” rating for the company. Scotiabank lifted their price objective on Realty Income from $54.00 to $56.00 and gave the company a “sector perform” rating in a report on Thursday, May 16th. UBS Group lowered their price objective on Realty Income from $67.00 to $61.00 and set a “buy” rating on the stock in a research note on Friday, May 31st. Finally, Stifel Nicolaus decreased their price target on Realty Income from $67.75 to $65.00 and set a “buy” rating on the stock in a research note on Wednesday, February 21st. Nine analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $61.35.

Realty Income Stock Up 0.3 %

NYSE O traded up $0.15 during trading hours on Friday, reaching $53.37. 3,374,700 shares of the company’s stock were exchanged, compared to its average volume of 4,807,745. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.83 and a current ratio of 1.83. The company has a market capitalization of $46.47 billion, a price-to-earnings ratio of 49.42, a price-to-earnings-growth ratio of 4.67 and a beta of 0.94. The company’s 50-day moving average is $53.50 and its two-hundred day moving average is $54.23. Realty Income Co. has a one year low of $45.03 and a one year high of $64.18.

Realty Income (NYSE:O) last posted its quarterly earnings data on Monday, May 6th. The real estate investment trust reported $0.16 EPS for the quarter, missing the consensus estimate of $1.03 by ($0.87). Realty Income had a net margin of 17.74% and a return on equity of 3.26%. The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the prior year, the firm posted $0.98 earnings per share. The company’s revenue was up 33.5% compared to the same quarter last year. On average, analysts forecast that Realty Income Co. will post 4.18 EPS for the current fiscal year.

Realty Income Increases Dividend

The firm also recently declared a jul 24 dividend, which will be paid on Monday, July 15th. Shareholders of record on Monday, July 1st will be given a dividend of $0.263 per share. The ex-dividend date is Monday, July 1st. This is a boost from Realty Income’s previous jul 24 dividend of $0.26. This represents a yield of 6%. Realty Income’s payout ratio is 291.67%.

Realty Income Company 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.