Duncker Streett & Co. Inc. Has $780,000 Position in Realty Income Co. (NYSE:O)

Duncker Streett & Co. Inc. lessened its holdings in Realty Income Co. (NYSE:O) by 2.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,588 shares of the real estate investment trust’s stock after selling 286 shares during the quarter. Duncker Streett & Co. Inc.’s holdings in Realty Income were worth $780,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Realty Income by 3.9% during the 3rd quarter. Vanguard Group Inc. now owns 110,873,424 shares of the real estate investment trust’s stock valued at $5,537,019,000 after acquiring an additional 4,172,231 shares in the last quarter. Morgan Stanley raised its position in Realty Income by 13.6% during the 4th quarter. Morgan Stanley now owns 18,951,549 shares of the real estate investment trust’s stock worth $1,202,097,000 after purchasing an additional 2,273,591 shares during the last quarter. Geode Capital Management LLC raised its position in Realty Income by 0.6% during the 1st quarter. Geode Capital Management LLC now owns 14,441,280 shares of the real estate investment trust’s stock worth $912,560,000 after purchasing an additional 86,340 shares during the last quarter. JPMorgan Chase & Co. raised its position in Realty Income by 7.8% during the 1st quarter. JPMorgan Chase & Co. now owns 11,447,342 shares of the real estate investment trust’s stock worth $724,847,000 after purchasing an additional 829,227 shares during the last quarter. Finally, Daiwa Securities Group Inc. raised its position in Realty Income by 1.3% during the 3rd quarter. Daiwa Securities Group Inc. now owns 9,271,278 shares of the real estate investment trust’s stock worth $463,007,000 after purchasing an additional 117,313 shares during the last quarter. Institutional investors and hedge funds own 70.81% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Realty Income Stock Down 1.6 %

Shares of NYSE O traded down $0.85 on Wednesday, reaching $50.80. 7,121,465 shares of the company’s stock traded hands, compared to its average volume of 5,285,635. Realty Income Co. has a 12 month low of $45.03 and a 12 month high of $64.18. The business’s 50 day simple moving average is $52.55 and its two-hundred day simple moving average is $53.34. The company has a market cap of $43.74 billion, a price-to-earnings ratio of 40.33, a price-to-earnings-growth ratio of 5.36 and a beta of 0.92. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.64.

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

Realty Income Dividend Announcement

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

Insider Activity

In related news, Director A. Larry Chapman sold 5,000 shares of Realty Income stock in a transaction dated Tuesday, April 9th. The shares were 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 directly owns 6,257 shares of the company’s stock, valued at approximately $339,317.11. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.10% of the company’s stock.

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.