Captrust Financial Advisors Has $5.60 Million Stock Position in Realty Income Co. (NYSE:O)

Captrust Financial Advisors grew its holdings in Realty Income Co. (NYSE:O) by 8.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 104,758 shares of the real estate investment trust’s stock after purchasing an additional 8,589 shares during the period. Captrust Financial Advisors’ holdings in Realty Income were worth $5,595,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Tcfg Wealth Management LLC raised its stake in shares of Realty Income by 2.9% during the 4th quarter. Tcfg Wealth Management LLC now owns 6,678 shares of the real estate investment trust’s stock worth $357,000 after purchasing an additional 186 shares in the last quarter. Romano Brothers AND Company raised its position in Realty Income by 2.0% during the fourth quarter. Romano Brothers AND Company now owns 10,194 shares of the real estate investment trust’s stock worth $544,000 after acquiring an additional 200 shares in the last quarter. Bay Rivers Group lifted its stake in 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 acquiring an additional 200 shares during the last quarter. Smith Moore & CO. grew its position in shares of Realty Income by 4.8% in the 4th quarter. Smith Moore & CO. now owns 4,432 shares of the real estate investment trust’s stock valued at $237,000 after acquiring an additional 201 shares during the period. Finally, Parkside Financial Bank & Trust increased its stake in shares of Realty Income by 11.3% during the 4th 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 during the last quarter. Institutional investors own 70.81% of the company’s stock.

Realty Income Stock Performance

Shares of NYSE:O opened at $56.75 on Friday. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.68. Realty Income Co. has a 12-month low of $50.71 and a 12-month high of $64.88. The company’s 50 day moving average price is $56.55 and its two-hundred day moving average price is $55.99. The firm has a market cap of $50.61 billion, a PE ratio of 54.05, a PEG ratio of 2.10 and a beta of 0.78.

Realty Income (NYSE:O) last posted its quarterly earnings data on Monday, May 5th. The real estate investment trust reported $1.06 EPS for the quarter, hitting analysts’ consensus estimates of $1.06. The firm had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.28 billion. Realty Income had a return on equity of 2.35% and a net margin of 17.57%. The company’s revenue was up 9.5% on a year-over-year basis. During the same quarter last year, the company earned $1.03 EPS. Equities 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 disclosed a may 25 dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 1st will be given a dividend of $0.2685 per share. The ex-dividend date is Thursday, May 1st. This represents a yield of 6%. Realty Income’s dividend payout ratio is 292.73%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Scotiabank reduced their price target on Realty Income from $59.00 to $57.00 and set a “sector perform” rating for the company in a report on Friday, February 28th. Barclays reissued an “overweight” rating on shares of Realty Income in a report on Tuesday, April 22nd. Mizuho raised their price target on Realty Income from $54.00 to $59.00 and gave the company a “neutral” rating in a report on Thursday, April 3rd. Stifel Nicolaus lifted their price objective on shares of Realty Income from $65.50 to $68.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Wedbush reissued a “neutral” rating and issued a $61.00 price objective on shares of Realty Income in a research report on Wednesday. Ten analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Realty Income currently has an average rating of “Hold” and an average target price of $61.77.

About Realty Income

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.