Realty Income Co. (NYSE:O) Shares Bought by Schnieders Capital Management LLC

Schnieders Capital Management LLC increased its holdings in shares of Realty Income Co. (NYSE:O) by 31.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,274 shares of the real estate investment trust’s stock after purchasing an additional 6,800 shares during the period. Schnieders Capital Management LLC’s holdings in Realty Income were worth $1,623,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. SVB Wealth LLC increased its holdings in shares of Realty Income by 53.8% during the 4th quarter. SVB Wealth LLC now owns 7,656 shares of the real estate investment trust’s stock valued at $440,000 after purchasing an additional 2,677 shares in the last quarter. Dynamic Advisor Solutions LLC increased its holdings in Realty Income by 82.5% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 11,570 shares of the real estate investment trust’s stock valued at $670,000 after buying an additional 5,231 shares in the last quarter. LexAurum Advisors LLC acquired a new position in shares of Realty Income in the fourth quarter worth about $203,000. Vest Financial LLC boosted its stake in shares of Realty Income by 50.3% during the 4th quarter. Vest Financial LLC now owns 540,531 shares of the real estate investment trust’s stock worth $31,037,000 after acquiring an additional 180,974 shares in the last quarter. Finally, Sowell Financial Services LLC grew its position in shares of Realty Income by 21.0% during the 4th quarter. Sowell Financial Services LLC now owns 21,230 shares of the real estate investment trust’s stock valued at $1,224,000 after acquiring an additional 3,681 shares during the period. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other 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 sale, the director now directly owns 6,257 shares in the company, valued at approximately $339,317.11. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.10% of the company’s stock.

Realty Income Trading Up 0.2 %

Shares of NYSE:O traded up $0.08 during mid-day trading on Tuesday, reaching $53.41. 6,648,145 shares of the company were exchanged, compared to its average volume of 6,867,810. Realty Income Co. has a 1 year low of $45.03 and a 1 year high of $64.18. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.28 and a quick ratio of 1.28. The firm’s 50-day simple moving average is $52.54 and its 200 day simple moving average is $53.45. The firm has a market cap of $45.99 billion, a price-to-earnings ratio of 42.39, a P/E/G ratio of 5.50 and a beta of 0.92.

Realty Income (NYSE:O) last posted its earnings results on Wednesday, February 21st. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.02 by ($0.72). The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.02 billion. Realty Income had a return on equity of 4.06% and a net margin of 21.39%. Realty Income’s revenue was up 21.1% on a year-over-year basis. During the same period in the previous year, the company posted $1.00 EPS. Equities research analysts forecast that Realty Income Co. will post 4.16 EPS for the current year.

Realty Income Dividend Announcement

The business also recently declared a may 24 dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Wednesday, May 1st will be issued a dividend of $0.257 per share. The ex-dividend date of this dividend is Tuesday, April 30th. This represents a yield of 5.9%. Realty Income’s dividend payout ratio (DPR) is 244.45%.

Analyst Upgrades and Downgrades

O has been the topic of a number of research analyst reports. Mizuho dropped their price target on shares of Realty Income from $60.00 to $56.00 and set a “buy” rating on the stock in a research note on Thursday, March 7th. BMO Capital Markets began coverage on shares of Realty Income in a research note on Tuesday, February 13th. They set a “market perform” rating and a $57.00 target price for the company. StockNews.com raised shares of Realty Income from a “sell” rating to a “hold” rating in a research note on Thursday, February 8th. Royal Bank of Canada boosted their price objective on Realty Income from $58.00 to $60.00 and gave the stock an “outperform” rating in a research note on Thursday, January 11th. Finally, Stifel Nicolaus decreased their target price on Realty Income from $67.75 to $65.00 and set a “buy” rating on the stock in a research report on Wednesday, February 21st. Eight research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $60.96.

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.