Realty Income Co. (NYSE:O) Stock Position Lifted by Town & Country Bank & Trust CO dba First Bankers Trust CO

Town & Country Bank & Trust CO dba First Bankers Trust CO lifted its stake in shares of Realty Income Co. (NYSE:O) by 4.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,370 shares of the real estate investment trust’s stock after purchasing an additional 735 shares during the quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Realty Income were worth $981,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Buffington Mohr McNeal bought a new position in Realty Income during the 4th quarter valued at $216,000. Bay Rivers Group raised its position in Realty Income by 1.0% in the fourth quarter. Bay Rivers Group now owns 20,644 shares of the real estate investment trust’s stock worth $1,103,000 after acquiring an additional 200 shares in the last quarter. Pacer Advisors Inc. boosted its position in shares of Realty Income by 58.1% during the 4th quarter. Pacer Advisors Inc. now owns 102,386 shares of the real estate investment trust’s stock valued at $5,468,000 after purchasing an additional 37,638 shares in the last quarter. United Asset Strategies Inc. grew its stake in shares of Realty Income by 4.3% in the 4th quarter. United Asset Strategies Inc. now owns 113,013 shares of the real estate investment trust’s stock worth $6,036,000 after purchasing an additional 4,685 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC lifted its stake in Realty Income by 30.2% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 23,787 shares of the real estate investment trust’s stock valued at $1,270,000 after purchasing an additional 5,522 shares during the last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.

Realty Income Stock Up 3.1 %

O stock opened at $56.03 on Tuesday. 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 stock has a market capitalization of $49.03 billion, a price-to-earnings ratio of 53.36, a price-to-earnings-growth ratio of 1.93 and a beta of 1.00. The company has a 50-day moving average of $54.68 and a two-hundred day moving average of $58.46. Realty Income Co. has a 52-week low of $50.65 and a 52-week high of $64.88.

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

Realty Income Announces Dividend

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

Analysts Set New Price Targets

A number of research firms recently weighed in on O. Scotiabank decreased their price target on Realty Income from $61.00 to $59.00 and set a “sector perform” rating for the company in a research report on Thursday, January 16th. UBS Group dropped their target price on shares of Realty Income from $72.00 to $71.00 and set a “buy” rating on the stock in a research report on Thursday, November 14th. Barclays began coverage on shares of Realty Income in a research report on Tuesday, December 17th. They issued an “equal weight” rating and a $59.00 price target for the company. Mizuho lowered their price objective on shares of Realty Income from $60.00 to $54.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 8th. Finally, Wells Fargo & Company reiterated an “equal weight” rating and set a $65.00 price target (up previously from $62.00) on shares of Realty Income in a report on Tuesday, October 1st. Twelve analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Realty Income has an average rating of “Hold” and a consensus price target of $62.04.

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.