Realty Income Co. (NYSE:O) Shares Sold by Aew Capital Management L P

Aew Capital Management L P cut its holdings in Realty Income Co. (NYSE:O) by 2.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 479,300 shares of the real estate investment trust’s stock after selling 10,570 shares during the quarter. Realty Income makes up approximately 1.0% of Aew Capital Management L P’s portfolio, making the stock its 27th largest holding. Aew Capital Management L P’s holdings in Realty Income were worth $27,521,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Baystate Wealth Management LLC grew its position in shares of Realty Income by 62.7% in the fourth quarter. Baystate Wealth Management LLC now owns 493 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 190 shares during the last quarter. CVA Family Office LLC purchased a new position in shares of Realty Income during the fourth quarter valued at approximately $29,000. Manchester Capital Management LLC lifted its stake in shares of Realty Income by 423.0% during the third quarter. Manchester Capital Management LLC now owns 523 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 423 shares during the period. FinTrust Capital Advisors LLC lifted its stake in shares of Realty Income by 302.1% during the third quarter. FinTrust Capital Advisors LLC now owns 571 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 429 shares during the period. Finally, Operose Advisors LLC purchased a new position in shares of Realty Income during the third quarter valued at approximately $30,000. 70.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Realty Income

In other news, Director A. Larry Chapman sold 5,000 shares of the business’s stock in a transaction dated Tuesday, April 9th. The shares were sold at an average price of $54.23, for a total value of $271,150.00. Following the completion of the sale, the director now owns 6,257 shares of the company’s stock, valued at approximately $339,317.11. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.10% of the company’s stock.

Realty Income Stock Down 0.1 %

Realty Income stock traded down $0.08 during midday trading on Friday, hitting $53.72. 6,857,641 shares of the stock were exchanged, compared to its average volume of 6,824,336. Realty Income Co. has a 1 year low of $45.03 and a 1 year high of $64.18. The firm has a market cap of $46.26 billion, a P/E ratio of 42.64, a P/E/G ratio of 5.57 and a beta of 0.92. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.28 and a quick ratio of 1.28. The company has a 50 day moving average price of $52.65 and a two-hundred day moving average price of $53.48.

Realty Income (NYSE:O) last released its earnings results on Wednesday, February 21st. The real estate investment trust reported $0.30 earnings per share for the quarter, missing the consensus estimate of $1.02 by ($0.72). The company had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.02 billion. Realty Income had a return on equity of 4.06% and a net margin of 21.39%. Realty Income’s revenue for the quarter was up 21.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.00 EPS. On average, sell-side analysts predict that Realty Income Co. will post 4.16 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The business also recently announced a may 24 dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Wednesday, May 1st will be given a $0.257 dividend. This represents a dividend yield of 5.9%. The ex-dividend date is Tuesday, April 30th. Realty Income’s payout ratio is currently 244.45%.

Analyst Ratings Changes

O has been the topic of several recent analyst reports. Mizuho reduced their price objective on shares of Realty Income from $60.00 to $56.00 and set a “buy” rating on the stock in a research note on Thursday, March 7th. Stifel Nicolaus decreased their price target on shares of Realty Income from $67.75 to $65.00 and set a “buy” rating on the stock in a report on Wednesday, February 21st. Royal Bank of Canada lifted their price target on shares of Realty Income from $58.00 to $60.00 and gave the company an “outperform” rating in a report on Thursday, January 11th. BMO Capital Markets assumed coverage on shares of Realty Income in a report on Tuesday, February 13th. They issued a “market perform” rating and a $57.00 price target on the stock. Finally, StockNews.com upgraded shares of Realty Income from a “sell” rating to a “hold” rating in a report on Thursday, February 8th. Eight analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $60.96.

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.