J.W. Cole Advisors Inc. Has $575,000 Stock Holdings in Realty Income Co. (NYSE:O)

J.W. Cole Advisors Inc. lessened its position in Realty Income Co. (NYSE:O) by 47.5% during the 4th quarter, Holdings Channel reports. The firm owned 10,018 shares of the real estate investment trust’s stock after selling 9,054 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Realty Income were worth $575,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in O. Manchester Capital Management LLC lifted its position in Realty Income by 423.0% during the 3rd quarter. Manchester Capital Management LLC now owns 523 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 423 shares in the last quarter. Baystate Wealth Management LLC raised its holdings in Realty Income by 62.7% during the 4th quarter. Baystate Wealth Management LLC now owns 493 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 190 shares during the last quarter. FinTrust Capital Advisors LLC raised its holdings in Realty Income by 302.1% during the 3rd quarter. FinTrust Capital Advisors LLC now owns 571 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 429 shares during the last quarter. CVA Family Office LLC bought a new stake in Realty Income during the 4th quarter worth about $29,000. Finally, Operose Advisors LLC bought a new stake in Realty Income during the 3rd quarter worth about $30,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Insider Buying and Selling

In other Realty Income news, Director A. Larry Chapman sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 9th. The stock was sold at an average price of $54.23, for a total transaction of $271,150.00. Following the completion of the transaction, the director now owns 6,257 shares of the company’s stock, valued at approximately $339,317.11. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.10% of the stock is owned by company insiders.

Realty Income Price Performance

NYSE O opened at $53.34 on Tuesday. The business has a 50 day simple moving average of $52.51 and a 200 day simple moving average of $53.43. Realty Income Co. has a 52-week low of $45.03 and a 52-week high of $64.18. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.28 and a current ratio of 1.28. The stock has a market cap of $45.93 billion, a price-to-earnings ratio of 42.33, a PEG ratio of 5.50 and a beta of 0.92.

Realty Income (NYSE:O) last posted its earnings results on Wednesday, February 21st. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.02 by ($0.72). Realty Income had a return on equity of 4.06% and a net margin of 21.39%. The business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same period in the previous year, the company posted $1.00 earnings per share. Realty Income’s revenue for the quarter was up 21.1% compared to the same quarter last year. Analysts anticipate that Realty Income Co. will post 4.16 earnings per share for the current fiscal year.

Realty Income Dividend Announcement

The firm also recently announced a may 24 dividend, which will be paid on Wednesday, May 15th. Investors of record on Wednesday, May 1st will be paid a dividend of $0.257 per share. The ex-dividend date is Tuesday, April 30th. This represents a yield of 5.9%. Realty Income’s payout ratio is 244.45%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on O shares. StockNews.com raised Realty Income from a “sell” rating to a “hold” rating in a report on Thursday, February 8th. Royal Bank of Canada boosted their price objective on Realty Income from $58.00 to $60.00 and gave the stock an “outperform” rating in a report on Thursday, January 11th. Stifel Nicolaus dropped their price objective on Realty Income from $67.75 to $65.00 and set a “buy” rating for the company in a report on Wednesday, February 21st. BMO Capital Markets started coverage on Realty Income in a report on Tuesday, February 13th. They set a “market perform” rating and a $57.00 price objective for the company. Finally, Mizuho dropped their price objective on Realty Income from $60.00 to $56.00 and set a “buy” rating for the company in a report on Thursday, March 7th. Eight research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $60.96.

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.