LVM Capital Management Ltd. MI Sells 18,563 Shares of Realty Income Co. (NYSE:O)

LVM Capital Management Ltd. MI reduced its holdings in Realty Income Co. (NYSE:O) by 18.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 82,042 shares of the real estate investment trust’s stock after selling 18,563 shares during the period. LVM Capital Management Ltd. MI’s holdings in Realty Income were worth $4,382,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in O. ORG Wealth Partners LLC bought a new stake in Realty Income in the fourth quarter worth $308,000. ST Germain D J Co. Inc. raised its stake in shares of Realty Income by 306.5% in the fourth quarter. ST Germain D J Co. Inc. now owns 752 shares of the real estate investment trust’s stock valued at $40,000 after acquiring an additional 567 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Realty Income by 0.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 149,758 shares of the real estate investment trust’s stock worth $7,999,000 after acquiring an additional 485 shares during the last quarter. ORG Partners LLC boosted its stake in shares of Realty Income by 673.9% during the 4th quarter. ORG Partners LLC now owns 1,842 shares of the real estate investment trust’s stock worth $99,000 after purchasing an additional 1,604 shares during the period. Finally, Park National Corp OH bought a new position in Realty Income during the 4th quarter valued at about $5,336,000. 70.81% of the stock is currently owned by institutional investors.

Realty Income Stock Performance

Shares of Realty Income stock traded down $0.63 during midday trading on Friday, hitting $51.88. The company had a trading volume of 3,282,894 shares, compared to its average volume of 4,781,942. The company has a fifty day simple moving average of $55.48 and a 200 day simple moving average of $58.30. The stock has a market cap of $45.41 billion, a price-to-earnings ratio of 49.41, a PEG ratio of 2.05 and a beta of 1.00. 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 $50.65 and a 12-month high of $64.88.

Realty Income (NYSE:O) last released its earnings results on Monday, November 4th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.05 by ($0.75). Realty Income had a net margin of 17.57% and a return on equity of 2.35%. The firm 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 earned $1.02 earnings per share. Realty Income’s revenue was up 28.1% on a year-over-year basis. As a group, analysts predict that Realty Income Co. will post 4.2 earnings per share for the current fiscal year.

Realty Income Increases Dividend

The business also recently declared a jan 25 dividend, which will be paid on Wednesday, January 15th. Investors of record on Thursday, January 2nd will be given a dividend of $0.264 per share. This is a boost from Realty Income’s previous jan 25 dividend of $0.26. This represents a yield of 5.7%. The ex-dividend date of this dividend is Thursday, January 2nd. Realty Income’s dividend payout ratio (DPR) is currently 300.95%.

Analyst Ratings Changes

Several research analysts have issued reports on O shares. 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. Scotiabank upped their price objective on Realty Income from $61.00 to $64.00 and gave the company a “sector perform” rating in a research report on Tuesday, September 17th. Royal Bank of Canada reduced their target price on Realty Income from $67.00 to $63.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 6th. Barclays started coverage on shares of Realty Income in a research note on Tuesday, December 17th. They set an “equal weight” rating and a $59.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Realty Income in a research note on Wednesday, December 11th. They issued a “hold” rating and a $62.00 price target on the stock. Twelve investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $62.50.

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.