Thompson Siegel & Walmsley LLC Has $6.93 Million Stock Position in Realty Income Co. (NYSE:O)

Thompson Siegel & Walmsley LLC grew its position in shares of Realty Income Co. (NYSE:O) by 0.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 109,263 shares of the real estate investment trust’s stock after buying an additional 964 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Realty Income were worth $6,929,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of O. Pacifica Partners Inc. boosted its holdings in shares of Realty Income by 444.4% in the 2nd quarter. Pacifica Partners Inc. now owns 490 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 400 shares in the last quarter. Rosenberg Matthew Hamilton raised its position in Realty Income by 75.4% in the 3rd 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. Creative Capital Management Investments LLC grew its holdings in shares of 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 purchasing an additional 300 shares during the last quarter. MFA Wealth Advisors LLC acquired a new stake in shares of Realty Income in the second quarter valued at $33,000. Finally, Headlands Technologies LLC bought a new position in shares of Realty Income in the second quarter valued at about $42,000. Institutional investors and hedge funds own 70.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Wedbush initiated coverage on shares of Realty Income in a research report on Monday, August 19th. They set a “neutral” rating and a $64.00 target price on the stock. Stifel Nicolaus reduced their price objective on Realty Income from $70.50 to $70.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Wells Fargo & Company restated an “equal weight” rating and set a $65.00 target price (up previously from $62.00) on shares of Realty Income in a research report on Tuesday, October 1st. Robert W. Baird upped their target price on shares of Realty Income from $57.00 to $58.00 and gave the company a “neutral” rating in a research report on Tuesday, August 6th. Finally, UBS Group lowered their price target on shares of Realty Income from $72.00 to $71.00 and set a “buy” rating for the company in a research report on Thursday, November 14th. Ten investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Realty Income presently has an average rating of “Hold” and an average target price of $63.85.

Realty Income Stock Performance

Shares of O opened at $57.50 on Friday. The firm’s 50 day moving average price is $60.87 and its two-hundred day moving average price is $58.05. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.40 and a current ratio of 1.40. Realty Income Co. has a twelve month low of $50.65 and a twelve month high of $64.88. The firm has a market cap of $50.32 billion, a P/E ratio of 54.76, a PEG ratio of 4.02 and a beta of 0.99.

Realty Income (NYSE:O) last announced its earnings results on Monday, November 4th. The real estate investment trust reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.75). Realty Income had a return on equity of 2.35% and a net margin of 17.57%. The company had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.26 billion. During the same period in the previous year, the company posted $1.02 earnings per share. Realty Income’s revenue for the quarter was up 28.1% on a year-over-year basis. On average, analysts forecast that Realty Income Co. will post 4.19 EPS for the current fiscal year.

Realty Income Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, December 13th. Stockholders of record on Monday, December 2nd will be issued a $0.2635 dividend. This represents a $3.16 annualized dividend and a dividend yield of 5.50%. The ex-dividend date of this dividend is Monday, December 2nd. This is an increase from Realty Income’s previous monthly dividend of $0.24. Realty Income’s dividend payout ratio is presently 300.95%.

Insider Transactions at Realty Income

In related news, Director Mary Hogan Preusse sold 1,712 shares of the stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $62.58, for a total value of $107,136.96. Following the sale, the director now owns 26,579 shares in the company, valued at approximately $1,663,313.82. This represents a 6.05 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.10% of the stock is owned by company insiders.

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.