Duncker Streett & Co. Inc. Lowers Holdings in Realty Income Co. (NYSE:O)

Duncker Streett & Co. Inc. decreased its stake in Realty Income Co. (NYSE:O) by 4.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,621 shares of the real estate investment trust’s stock after selling 599 shares during the quarter. Duncker Streett & Co. Inc.’s holdings in Realty Income were worth $674,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Prudent Man Advisors LLC boosted its position in Realty Income by 25.7% during the fourth quarter. Prudent Man Advisors LLC now owns 7,808 shares of the real estate investment trust’s stock worth $417,000 after purchasing an additional 1,597 shares in the last quarter. Sage Investment Counsel LLC purchased a new position in Realty Income during the fourth quarter worth approximately $896,000. SVB Wealth LLC purchased a new position in Realty Income during the fourth quarter worth approximately $873,000. Parkside Financial Bank & Trust boosted its position in Realty Income by 11.3% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,144 shares of the real estate investment trust’s stock worth $115,000 after purchasing an additional 218 shares in the last quarter. Finally, Prosperitas Financial LLC purchased a new position in Realty Income during the fourth quarter worth approximately $211,000. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Realty Income Price Performance

NYSE:O opened at $57.03 on Friday. Realty Income Co. has a one year low of $50.65 and a one year high of $64.88. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.40 and a current ratio of 1.40. The stock has a market cap of $49.91 billion, a PE ratio of 54.31, a P/E/G ratio of 2.10 and a beta of 1.00. The stock has a 50 day moving average price of $54.25 and a 200 day moving average price of $57.93.

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

Realty Income Increases Dividend

The firm also recently announced a mar 25 dividend, which will be paid on Friday, March 14th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.268 per share. This is a boost from Realty Income’s previous mar 25 dividend of $0.26. The ex-dividend date is Monday, March 3rd. This represents a yield of 5.7%. Realty Income’s dividend payout ratio (DPR) is 327.55%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Barclays lowered their price target on Realty Income from $59.00 to $56.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 4th. Mizuho decreased their target price on Realty Income from $60.00 to $54.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 8th. Scotiabank decreased their target price on Realty Income from $59.00 to $57.00 and set a “sector perform” rating on the stock in a research report on Friday. UBS Group decreased 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. Finally, Royal Bank of Canada decreased their target price on Realty Income from $62.00 to $60.00 and set an “outperform” rating on the stock in a research report on Wednesday. Eleven research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $61.81.

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.