Y Intercept Hong Kong Ltd Acquires 70,978 Shares of Realty Income Co. (NYSE:O)

Y Intercept Hong Kong Ltd lifted its holdings in Realty Income Co. (NYSE:O) by 1,934.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 74,648 shares of the real estate investment trust’s stock after purchasing an additional 70,978 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Realty Income were worth $3,987,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Rosenberg Matthew Hamilton lifted its position in shares of Realty Income by 75.4% in the third quarter. Rosenberg Matthew Hamilton now owns 491 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 211 shares in the last quarter. Creative Capital Management Investments LLC raised its position in Realty Income by 133.3% during the third quarter. Creative Capital Management Investments LLC now owns 525 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 300 shares in the last quarter. Sierra Ocean LLC bought a new stake in Realty Income during the fourth quarter worth $32,000. Luken Investment Analytics LLC bought a new stake in Realty Income during the fourth quarter worth $40,000. Finally, ST Germain D J Co. Inc. raised its position in Realty Income by 306.5% during the fourth quarter. ST Germain D J Co. Inc. now owns 752 shares of the real estate investment trust’s stock worth $40,000 after acquiring an additional 567 shares in the last quarter. Institutional investors own 70.81% of the company’s stock.

Realty Income Trading Up 1.1 %

O stock opened at $57.14 on Monday. 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 company’s 50-day simple moving average is $53.92 and its 200 day simple moving average is $58.05. Realty Income Co. has a 52 week low of $50.65 and a 52 week high of $64.88. The company has a market capitalization of $50.01 billion, a PE ratio of 54.41, a price-to-earnings-growth ratio of 2.10 and a beta of 1.00.

Realty Income Increases Dividend

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

Analysts Set New Price Targets

Several analysts have issued reports on O shares. Barclays dropped their price target on shares of 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. Royal Bank of Canada reaffirmed an “outperform” rating and set a $62.00 price target on shares of Realty Income in a research report on Monday, January 27th. Deutsche Bank Aktiengesellschaft started coverage on shares of Realty Income in a research report on Wednesday, December 11th. They set a “hold” rating and a $62.00 price target on the stock. Mizuho dropped their price objective on shares of Realty Income from $60.00 to $54.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 8th. Finally, Stifel Nicolaus dropped their price objective on shares of Realty Income from $70.00 to $66.50 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. Ten analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target 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.