Prairiewood Capital LLC Has $3.79 Million Position in Realty Income Co. (NYSE:O)

Prairiewood Capital LLC boosted its position in Realty Income Co. (NYSE:O) by 5.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 70,885 shares of the real estate investment trust’s stock after purchasing an additional 3,499 shares during the quarter. Realty Income comprises approximately 1.6% of Prairiewood Capital LLC’s portfolio, making the stock its 18th largest holding. Prairiewood Capital LLC’s holdings in Realty Income were worth $3,786,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Rosenberg Matthew Hamilton boosted its stake in shares of Realty Income by 75.4% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 491 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 211 shares during the last quarter. Creative Capital Management Investments LLC boosted its position in Realty Income by 133.3% during the third quarter. Creative Capital Management Investments LLC now owns 525 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 300 shares during the last quarter. ST Germain D J Co. Inc. grew its stake in Realty Income by 306.5% in the fourth quarter. ST Germain D J Co. Inc. now owns 752 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 567 shares in the last quarter. Pacifica Partners Inc. grew its stake in Realty Income by 89.2% in the third quarter. Pacifica Partners Inc. now owns 927 shares of the real estate investment trust’s stock valued at $59,000 after purchasing an additional 437 shares in the last quarter. Finally, First Horizon Advisors Inc. increased its position in shares of Realty Income by 313.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 947 shares of the real estate investment trust’s stock worth $60,000 after purchasing an additional 718 shares during the last quarter. Institutional investors own 70.81% of the company’s stock.

Wall Street Analysts Forecast Growth

O has been the subject of several analyst reports. UBS Group decreased their target price on shares of Realty Income from $72.00 to $71.00 and set a “buy” rating for the company in a research note on Thursday, November 14th. Barclays assumed 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 objective for the company. Deutsche Bank Aktiengesellschaft started coverage on shares of Realty Income in a report on Wednesday, December 11th. They issued a “hold” rating and a $62.00 target price on the stock. Mizuho reduced their price target on Realty Income from $60.00 to $54.00 and set a “neutral” rating for the company in a report on Wednesday, January 8th. Finally, Stifel Nicolaus dropped their price objective on Realty Income from $70.00 to $66.50 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. Twelve investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $62.12.

Realty Income Stock Performance

NYSE:O opened at $54.62 on Tuesday. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.68. The stock has a 50 day simple moving average of $54.92 and a 200 day simple moving average of $58.41. Realty Income Co. has a 1-year low of $50.65 and a 1-year high of $64.88. The stock has a market cap of $47.80 billion, a P/E ratio of 52.02, a PEG ratio of 1.85 and a beta of 1.00.

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

Realty Income Dividend Announcement

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 issued a dividend of $0.264 per share. The ex-dividend date is Monday, February 3rd. This represents a dividend yield of 5.9%. Realty Income’s dividend payout ratio is presently 300.95%.

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.