Everpar Advisors LLC Purchases Shares of 5,031 Realty Income Co. (NYSE:O)

Everpar Advisors LLC bought a new stake in shares of Realty Income Co. (NYSE:O) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 5,031 shares of the real estate investment trust’s stock, valued at approximately $289,000.

Several other hedge funds and other institutional investors have also made changes to their positions in O. Vanguard Group Inc. boosted its position in Realty Income by 3.9% in the 3rd quarter. Vanguard Group Inc. now owns 110,873,424 shares of the real estate investment trust’s stock valued at $5,537,019,000 after buying an additional 4,172,231 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Realty Income by 69.1% during the third quarter. Envestnet Asset Management Inc. now owns 1,922,207 shares of the real estate investment trust’s stock worth $95,995,000 after purchasing an additional 785,476 shares during the period. International Assets Investment Management LLC lifted its position in shares of Realty Income by 10,591.3% in the 4th quarter. International Assets Investment Management LLC now owns 622,661 shares of the real estate investment trust’s stock worth $35,753,000 after buying an additional 616,837 shares during the last quarter. UBS Group AG boosted its holdings in shares of Realty Income by 56.1% in the 3rd quarter. UBS Group AG now owns 1,415,849 shares of the real estate investment trust’s stock valued at $70,707,000 after buying an additional 508,933 shares during the period. Finally, Northern Trust Corp grew its position in shares of Realty Income by 5.2% during the 3rd quarter. Northern Trust Corp now owns 9,163,663 shares of the real estate investment trust’s stock valued at $457,633,000 after buying an additional 452,046 shares during the last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.

Realty Income Trading Down 0.4 %

Shares of O stock traded down $0.24 during trading hours on Wednesday, reaching $54.78. 6,600,660 shares of the stock traded hands, compared to its average volume of 6,837,354. Realty Income Co. has a 1-year low of $45.03 and a 1-year high of $64.18. The business has a fifty day moving average price of $52.94 and a 200 day moving average price of $53.74. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $47.17 billion, a PE ratio of 50.72, a PEG ratio of 5.73 and a beta of 0.92.

Realty Income (NYSE:O) last released its quarterly earnings data on Monday, May 6th. The real estate investment trust reported $0.16 earnings per share for the quarter, missing the consensus estimate of $1.03 by ($0.87). The company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.15 billion. Realty Income had a net margin of 21.39% and a return on equity of 4.06%. The firm’s quarterly revenue was up 33.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.98 EPS. On average, equities research analysts forecast that Realty Income Co. will post 4.16 EPS for the current year.

Realty Income Announces Dividend

The firm also recently declared a may 24 dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Wednesday, May 1st will be paid a dividend of $0.257 per share. The ex-dividend date of this dividend is Tuesday, April 30th. This represents a dividend yield of 5.9%. Realty Income’s dividend payout ratio (DPR) is 285.19%.

Analyst Ratings Changes

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

Insider Transactions at Realty Income

In other news, Director A. Larry Chapman sold 5,000 shares of the stock in a transaction on Tuesday, April 9th. The shares were sold at an average price of $54.23, for a total transaction of $271,150.00. Following the transaction, the director now owns 6,257 shares in the company, valued at approximately $339,317.11. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.10% of the stock is currently owned by company insiders.

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.