MBA Advisors LLC Purchases 291 Shares of Realty Income Co. (NYSE:O)

MBA Advisors LLC grew its holdings in shares of Realty Income Co. (NYSE:O) by 8.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,920 shares of the real estate investment trust’s stock after buying an additional 291 shares during the quarter. MBA Advisors LLC’s holdings in Realty Income were worth $209,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Realty Income by 765.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,545,815 shares of the real estate investment trust’s stock worth $478,556,000 after acquiring an additional 6,673,617 shares in the last quarter. Raymond James & Associates grew its stake in Realty Income by 92.4% in the third quarter. Raymond James & Associates now owns 6,479,542 shares of the real estate investment trust’s stock worth $410,932,000 after purchasing an additional 3,112,560 shares in the last quarter. Janus Henderson Group PLC increased its holdings in Realty Income by 3,150.5% during the 3rd quarter. Janus Henderson Group PLC now owns 2,760,182 shares of the real estate investment trust’s stock worth $175,142,000 after purchasing an additional 2,675,266 shares during the period. Parnassus Investments LLC raised its position in Realty Income by 7.4% during the 3rd quarter. Parnassus Investments LLC now owns 24,448,225 shares of the real estate investment trust’s stock valued at $1,550,506,000 after purchasing an additional 1,676,293 shares in the last quarter. Finally, Bank of Montreal Can lifted its holdings in shares of Realty Income by 102.1% in the 3rd quarter. Bank of Montreal Can now owns 2,191,962 shares of the real estate investment trust’s stock worth $137,502,000 after buying an additional 1,107,493 shares during the period. 70.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on O. Stifel Nicolaus decreased their price objective on Realty Income from $70.00 to $66.50 and set a “buy” rating for the company in a report on Wednesday, January 8th. Mizuho reduced their price target on shares of Realty Income from $60.00 to $54.00 and set a “neutral” rating for the company in a report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft began coverage on shares of Realty Income in a research note on Wednesday, December 11th. They set a “hold” rating and a $62.00 price objective on the stock. Barclays reduced their price objective on shares of Realty Income from $59.00 to $56.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 4th. Finally, UBS Group dropped their target price on Realty Income from $72.00 to $71.00 and set a “buy” rating on the stock in a research report on Thursday, November 14th. Eleven investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $61.81.

Realty Income Stock Down 0.3 %

Shares of O stock opened at $54.14 on Monday. The stock’s fifty day moving average price is $54.08 and its 200 day moving average price is $58.29. Realty Income Co. has a 1-year low of $50.65 and a 1-year high of $64.88. The company has a market cap of $47.38 billion, a price-to-earnings ratio of 51.56, a price-to-earnings-growth ratio of 1.94 and a beta of 1.00. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.40 and a quick ratio of 1.40.

Realty Income Announces Dividend

The firm also recently declared a feb 25 dividend, which will be paid on Friday, February 14th. Stockholders of record on Monday, February 3rd will be paid 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 payout ratio is 301.91%.

Realty Income 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.