Nomura Holdings Inc. Purchases New Shares in Realty Income Co. (NYSE:O)

Nomura Holdings Inc. purchased a new stake in shares of Realty Income Co. (NYSE:O) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 130,442 shares of the real estate investment trust’s stock, valued at approximately $6,967,000.

A number of other large investors also recently made changes to their positions in the company. Tcfg Wealth Management LLC raised its position in shares of Realty Income by 2.9% in the fourth quarter. Tcfg Wealth Management LLC now owns 6,678 shares of the real estate investment trust’s stock valued at $357,000 after purchasing an additional 186 shares during the period. Romano Brothers AND Company raised its position in shares of Realty Income by 2.0% in the fourth quarter. Romano Brothers AND Company now owns 10,194 shares of the real estate investment trust’s stock valued at $544,000 after purchasing an additional 200 shares during the period. Bay Rivers Group raised its position in shares of Realty Income by 1.0% in the fourth quarter. Bay Rivers Group now owns 20,644 shares of the real estate investment trust’s stock valued at $1,103,000 after purchasing an additional 200 shares during the period. Smith Moore & CO. raised its position in shares of Realty Income by 4.8% in the fourth quarter. Smith Moore & CO. now owns 4,432 shares of the real estate investment trust’s stock valued at $237,000 after purchasing an additional 201 shares during the period. Finally, Parkside Financial Bank & Trust raised its position in shares of Realty Income by 11.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,144 shares of the real estate investment trust’s stock valued at $115,000 after purchasing an additional 218 shares during the period. 70.81% of the stock is owned by institutional investors.

Realty Income Trading Down 0.8%

NYSE:O opened at $54.60 on Thursday. The company has a fifty day moving average of $56.38 and a 200 day moving average of $55.83. Realty Income Co. has a 52 week low of $50.71 and a 52 week high of $64.88. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $49.31 billion, a P/E ratio of 52.00, a P/E/G ratio of 2.10 and a beta of 0.78.

Realty Income (NYSE:O) last posted its quarterly earnings results on Monday, May 5th. The real estate investment trust reported $1.06 EPS for the quarter, meeting analysts’ consensus estimates of $1.06. Realty Income had a net margin of 17.57% and a return on equity of 2.35%. The company had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.28 billion. During the same period in the prior year, the business posted $1.03 EPS. The firm’s revenue was up 9.5% compared to the same quarter last year. On average, research analysts predict that Realty Income Co. will post 4.19 earnings per share for the current year.

Realty Income Announces Dividend

The company also recently declared a jun 25 dividend, which will be paid on Friday, June 13th. Investors of record on Monday, June 2nd will be issued a dividend of $0.2685 per share. The ex-dividend date is Monday, June 2nd. This represents a yield of 5.8%. Realty Income’s dividend payout ratio is currently 292.73%.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Wedbush reaffirmed a “neutral” rating and set a $61.00 price objective on shares of Realty Income in a research note on Wednesday, May 7th. BNP Paribas cut shares of Realty Income from an “outperform” rating to a “neutral” rating and set a $61.00 price objective for the company. in a research note on Tuesday, February 25th. Royal Bank of Canada reduced their price objective on shares of Realty Income from $62.00 to $60.00 and set an “outperform” rating for the company in a research note on Wednesday, February 26th. Stifel Nicolaus boosted their price objective on shares of Realty Income from $65.50 to $68.00 and gave the company a “buy” rating in a research note on Tuesday, May 6th. Finally, Barclays reissued an “overweight” rating on shares of Realty Income in a research note on Tuesday, April 22nd. Ten research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Realty Income has an average rating of “Hold” and a consensus target price of $61.15.

Realty Income 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.