Credit Capital Investments LLC Takes $331,000 Position in Realty Income Co. (NYSE:O)

Credit Capital Investments LLC acquired a new stake in Realty Income Co. (NYSE:O) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,200 shares of the real estate investment trust’s stock, valued at approximately $331,000. Realty Income accounts for about 0.4% of Credit Capital Investments LLC’s investment portfolio, making the stock its 23rd biggest position.

Other large investors also recently modified their holdings of the company. Raymond James Financial Inc. bought a new position in Realty Income during the fourth quarter worth about $553,572,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Realty Income by 765.1% during the third 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 during the period. Janus Henderson Group PLC increased its position in Realty Income by 3,150.5% during the third quarter. Janus Henderson Group PLC now owns 2,760,182 shares of the real estate investment trust’s stock worth $175,142,000 after acquiring an additional 2,675,266 shares during the period. Parnassus Investments LLC increased its position in Realty Income by 7.4% during the third quarter. Parnassus Investments LLC now owns 24,448,225 shares of the real estate investment trust’s stock worth $1,550,506,000 after acquiring an additional 1,676,293 shares during the period. Finally, Bank of Montreal Can increased its position in Realty Income by 102.1% during the third quarter. Bank of Montreal Can now owns 2,191,962 shares of the real estate investment trust’s stock worth $137,502,000 after acquiring an additional 1,107,493 shares during the period. 70.81% of the stock is owned by institutional investors.

Realty Income Trading Down 0.0 %

Shares of Realty Income stock opened at $56.96 on Wednesday. The firm has a market capitalization of $50.78 billion, a PE ratio of 54.24, a price-to-earnings-growth ratio of 2.10 and a beta of 1.00. 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 firm’s 50 day moving average is $55.28 and its 200 day moving average is $57.60. Realty Income Co. has a 1 year low of $50.65 and a 1 year high of $64.88.

Realty Income (NYSE:O) last posted its earnings results on Monday, February 24th. The real estate investment trust reported $1.05 earnings per share for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.01). Realty Income had a return on equity of 2.35% and a net margin of 17.57%. The business had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.28 billion. Equities research analysts forecast that Realty Income Co. will post 4.19 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The business also recently announced a apr 25 dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be given a dividend of $0.2685 per share. This represents a dividend yield of 5.7%. The ex-dividend date of this dividend is Tuesday, April 1st. This is an increase from Realty Income’s previous apr 25 dividend of $0.27. Realty Income’s payout ratio is presently 328.57%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Scotiabank lowered their price target on shares of Realty Income from $59.00 to $57.00 and set a “sector perform” rating on the stock in a research report on Friday, February 28th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Realty Income in a research report on Wednesday, December 11th. They set a “hold” rating and a $62.00 price target on the stock. Mizuho lowered their price target 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. Stifel Nicolaus lowered their price target on shares of Realty Income from $70.00 to $66.50 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. Finally, BNP Paribas downgraded shares of Realty Income from an “outperform” rating to a “neutral” rating and set a $61.00 price objective on the stock. in a research note on Tuesday, February 25th. Eleven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, Realty Income currently has an average rating of “Hold” and an average 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.