Fiduciary Alliance LLC Grows Holdings in Realty Income Corporation $O

Fiduciary Alliance LLC raised its stake in Realty Income Corporation (NYSE:O) by 234.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,785 shares of the real estate investment trust’s stock after buying an additional 11,066 shares during the period. Fiduciary Alliance LLC’s holdings in Realty Income were worth $960,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Brighton Jones LLC lifted its stake in Realty Income by 11.2% during the fourth quarter. Brighton Jones LLC now owns 6,101 shares of the real estate investment trust’s stock worth $326,000 after purchasing an additional 615 shares during the last quarter. Bison Wealth LLC bought a new position in shares of Realty Income during the 4th quarter valued at about $571,000. Wellington Management Group LLP raised its holdings in shares of Realty Income by 10.7% during the 1st quarter. Wellington Management Group LLP now owns 204,821 shares of the real estate investment trust’s stock valued at $11,882,000 after buying an additional 19,810 shares in the last quarter. Quantbot Technologies LP bought a new stake in Realty Income in the 1st quarter worth approximately $77,000. Finally, Banco Bilbao Vizcaya Argentaria S.A. lifted its position in Realty Income by 5.3% in the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 20,173 shares of the real estate investment trust’s stock worth $1,169,000 after buying an additional 1,014 shares during the last quarter. 70.81% of the stock is owned by institutional investors.

Realty Income Trading Down 1.7%

Shares of O opened at $56.77 on Friday. The stock has a market capitalization of $52.22 billion, a P/E ratio of 52.56, a PEG ratio of 3.62 and a beta of 0.80. Realty Income Corporation has a twelve month low of $50.71 and a twelve month high of $61.08. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.72. The firm has a fifty day simple moving average of $57.84 and a two-hundred day simple moving average of $58.03.

Realty Income (NYSE:O) last issued its quarterly earnings data on Monday, November 3rd. The real estate investment trust reported $1.08 EPS for the quarter, beating the consensus estimate of $1.07 by $0.01. The firm had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.35 billion. Realty Income had a net margin of 17.17% and a return on equity of 2.45%. The company’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.05 earnings per share. Realty Income has set its FY 2025 guidance at 4.250-4.270 EPS. On average, research analysts anticipate that Realty Income Corporation will post 4.19 EPS for the current year.

Realty Income Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be given a dividend of $0.27 per share. This represents a c) dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend is Wednesday, December 31st. This is a positive change from Realty Income’s previous monthly dividend of $0.27. Realty Income’s dividend payout ratio is currently 299.07%.

Analyst Upgrades and Downgrades

O has been the topic of a number of recent research reports. Wall Street Zen upgraded shares of Realty Income from a “sell” rating to a “hold” rating in a research report on Sunday, December 14th. Wells Fargo & Company increased their target price on shares of Realty Income from $59.00 to $60.00 and gave the company an “equal weight” rating in a report on Tuesday, November 25th. Cantor Fitzgerald decreased their target price on shares of Realty Income from $64.00 to $60.00 and set a “neutral” rating on the stock in a research report on Thursday, November 6th. Weiss Ratings restated a “hold (c)” rating on shares of Realty Income in a research report on Monday. Finally, Royal Bank Of Canada lifted their price objective on Realty Income from $60.00 to $61.00 and gave the stock an “outperform” rating in a report on Tuesday, November 4th. Three equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $62.00.

Insiders Place Their Bets

In other news, Director Mary Hogan Preusse sold 11,000 shares of Realty Income stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $60.43, for a total value of $664,730.00. Following the sale, the director directly owned 19,211 shares in the company, valued at approximately $1,160,920.73. This trade represents a 36.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.10% of the company’s stock.

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.