Fjarde AP Fonden Fourth Swedish National Pension Fund Raises Stock Holdings in Realty Income Co. (NYSE:O)

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in shares of Realty Income Co. (NYSE:O) by 45.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 193,153 shares of the real estate investment trust’s stock after purchasing an additional 60,100 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Realty Income were worth $10,316,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of O. Tcfg Wealth Management LLC lifted its position in Realty Income by 2.9% in the 4th quarter. Tcfg Wealth Management LLC now owns 6,678 shares of the real estate investment trust’s stock worth $357,000 after buying an additional 186 shares during the last quarter. Romano Brothers AND Company lifted its position in Realty Income by 2.0% in the 4th quarter. Romano Brothers AND Company now owns 10,194 shares of the real estate investment trust’s stock worth $544,000 after buying an additional 200 shares during the last quarter. Bay Rivers Group lifted its position in Realty Income by 1.0% in the 4th quarter. Bay Rivers Group now owns 20,644 shares of the real estate investment trust’s stock worth $1,103,000 after buying an additional 200 shares during the last quarter. Rosenberg Matthew Hamilton lifted its position in Realty Income by 75.4% in the third quarter. Rosenberg Matthew Hamilton now owns 491 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 211 shares during the last quarter. Finally, Howard Capital Management Inc. lifted its position in Realty Income by 5.4% in the fourth quarter. Howard Capital Management Inc. now owns 4,456 shares of the real estate investment trust’s stock valued at $238,000 after purchasing an additional 229 shares during the last quarter. Hedge funds and other institutional investors own 70.81% of the company’s stock.

Realty Income Trading Up 1.1 %

Shares of NYSE:O opened at $57.14 on Monday. The company has a market cap of $50.01 billion, a P/E ratio of 54.41, a PEG ratio of 2.10 and a beta of 1.00. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.40 and a quick ratio of 1.40. Realty Income Co. has a 1 year low of $50.65 and a 1 year high of $64.88. The stock’s fifty day moving average price is $53.92 and its 200-day moving average price is $58.05.

Realty Income Increases Dividend

The firm also recently declared a mar 25 dividend, which will be paid on Friday, March 14th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.268 per share. This is an increase from Realty Income’s previous mar 25 dividend of $0.26. This represents a dividend yield of 5.7%. The ex-dividend date of this dividend is Monday, March 3rd. Realty Income’s dividend payout ratio is presently 305.71%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on O shares. Deutsche Bank Aktiengesellschaft began coverage on Realty Income in a research report on Wednesday, December 11th. They issued a “hold” rating and a $62.00 price objective for the company. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $62.00 price target on shares of Realty Income in a research note on Monday, January 27th. Mizuho reduced their price target on Realty Income from $60.00 to $54.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 8th. UBS Group reduced their price target on Realty Income from $72.00 to $71.00 and set a “buy” rating on the stock in a research note on Thursday, November 14th. Finally, Barclays cut their target price on Realty Income from $59.00 to $56.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 4th. Ten equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $62.21.

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.