Jamison Private Wealth Management Inc. Has $1.44 Million Stock Holdings in Realty Income Co. (NYSE:O)

Jamison Private Wealth Management Inc. increased its stake in shares of Realty Income Co. (NYSE:O) by 14.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 26,985 shares of the real estate investment trust’s stock after buying an additional 3,455 shares during the period. Jamison Private Wealth Management Inc.’s holdings in Realty Income were worth $1,441,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. ZWJ Investment Counsel Inc. grew its stake in shares of Realty Income by 0.6% in the third quarter. ZWJ Investment Counsel Inc. now owns 29,279 shares of the real estate investment trust’s stock valued at $1,857,000 after acquiring an additional 164 shares in the last quarter. Whittier Trust Co. grew its position in shares of Realty Income by 4.5% during the 3rd quarter. Whittier Trust Co. now owns 3,871 shares of the real estate investment trust’s stock worth $245,000 after purchasing an additional 166 shares in the last quarter. Greenleaf Trust increased its holdings in shares of Realty Income by 1.0% during the third quarter. Greenleaf Trust now owns 16,911 shares of the real estate investment trust’s stock worth $1,072,000 after purchasing an additional 170 shares during the period. Grove Bank & Trust raised its position in shares of Realty Income by 14.3% in the third quarter. Grove Bank & Trust now owns 1,409 shares of the real estate investment trust’s stock valued at $89,000 after buying an additional 176 shares in the last quarter. Finally, Buckley Wealth Management LLC grew its position in Realty Income by 1.9% during the third quarter. Buckley Wealth Management LLC now owns 9,450 shares of the real estate investment trust’s stock worth $599,000 after buying an additional 176 shares in the last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.

Realty Income Stock Performance

NYSE:O opened at $54.35 on Friday. 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 Co. has a twelve month low of $50.65 and a twelve month high of $64.88. The company has a fifty day moving average of $54.68 and a 200-day moving average of $58.39. The firm has a market capitalization of $47.57 billion, a P/E ratio of 51.77, a P/E/G ratio of 1.93 and a beta of 1.00.

Realty Income (NYSE:O) last issued its earnings results on Monday, November 4th. The real estate investment trust reported $0.30 EPS for the quarter, missing the consensus estimate of $1.05 by ($0.75). The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.26 billion. Realty Income had a net margin of 17.57% and a return on equity of 2.35%. The business’s quarterly revenue was up 28.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.02 earnings per share. As a group, sell-side analysts anticipate that Realty Income Co. will post 4.19 EPS for the current year.

Realty Income Announces Dividend

The firm also recently announced a feb 25 dividend, which will be paid on Friday, February 14th. Stockholders of record on Monday, February 3rd will be given a dividend of $0.264 per share. This represents a dividend yield of 5.9%. The ex-dividend date of this dividend is Monday, February 3rd. Realty Income’s payout ratio is presently 301.91%.

Analyst Ratings Changes

O has been the subject of several analyst reports. Stifel Nicolaus dropped their target price on shares of Realty Income from $70.00 to $66.50 and set a “buy” rating for the company in a research report on Wednesday, January 8th. Scotiabank cut their target price on Realty Income from $61.00 to $59.00 and set a “sector perform” rating for the company in a research note on Thursday, January 16th. Barclays initiated coverage on Realty Income in a research note on Tuesday, December 17th. They issued an “equal weight” rating and a $59.00 price target on the stock. Deutsche Bank Aktiengesellschaft started coverage on Realty Income in a research report on Wednesday, December 11th. They set a “hold” rating and a $62.00 price objective for the company. Finally, Mizuho decreased their target price on Realty Income from $60.00 to $54.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 8th. Twelve analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Realty Income currently has an average rating of “Hold” and an average price target of $62.12.

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.