Nomura Holdings Inc. Makes New $7.38 Million Investment in Realty Income Co. (NYSE:O)

Nomura Holdings Inc. bought a new stake in shares of Realty Income Co. (NYSE:O) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 128,470 shares of the real estate investment trust’s stock, valued at approximately $7,377,000.

Other institutional investors have also recently made changes to their positions in the company. SVB Wealth LLC increased its stake in Realty Income by 53.8% during the fourth quarter. SVB Wealth LLC now owns 7,656 shares of the real estate investment trust’s stock worth $440,000 after acquiring an additional 2,677 shares during the last quarter. CWA Asset Management Group LLC bought a new position in shares of Realty Income during the 4th quarter valued at approximately $379,000. Dynamic Advisor Solutions LLC increased its position in shares of Realty Income by 82.5% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 11,570 shares of the real estate investment trust’s stock valued at $670,000 after purchasing an additional 5,231 shares during the last quarter. Public Employees Retirement System of Ohio raised its holdings in Realty Income by 4.0% during the 4th quarter. Public Employees Retirement System of Ohio now owns 1,343,159 shares of the real estate investment trust’s stock valued at $77,124,000 after buying an additional 51,574 shares during the period. Finally, LexAurum Advisors LLC bought a new stake in Realty Income in the fourth quarter worth $203,000. Institutional investors own 70.81% of the company’s stock.

Insider Activity at Realty Income

In related news, Director A. Larry Chapman sold 5,000 shares of the company’s stock in a transaction on Tuesday, April 9th. The stock was sold at an average price of $54.23, for a total value of $271,150.00. Following 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 legal filing with the SEC, which is available through this hyperlink. 0.10% of the stock is currently owned by insiders.

Realty Income Stock Performance

Shares of O stock opened at $53.10 on Wednesday. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.65. The firm has a market cap of $46.24 billion, a price-to-earnings ratio of 49.17, a PEG ratio of 4.62 and a beta of 0.94. Realty Income Co. has a 52-week low of $45.03 and a 52-week high of $64.18. The company’s 50 day moving average is $53.46 and its 200 day moving average is $54.21.

Realty Income (NYSE:O) last released its quarterly earnings results on Monday, May 6th. The real estate investment trust reported $0.16 EPS for the quarter, missing the consensus estimate of $1.03 by ($0.87). Realty Income had a net margin of 17.74% and a return on equity of 3.26%. The firm had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the previous year, the company posted $0.98 earnings per share. The business’s quarterly revenue was up 33.5% compared to the same quarter last year. On average, sell-side analysts anticipate that Realty Income Co. will post 4.2 EPS for the current fiscal year.

Realty Income Increases Dividend

The business also recently disclosed a jul 24 dividend, which will be paid on Monday, July 15th. Stockholders of record on Monday, July 1st will be issued a dividend of $0.263 per share. The ex-dividend date of this dividend is Monday, July 1st. This represents a dividend yield of 6%. This is an increase from Realty Income’s previous jul 24 dividend of $0.26. Realty Income’s dividend payout ratio is 291.67%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. KeyCorp initiated coverage on shares of Realty Income in a research note on Wednesday, June 12th. They issued a “sector weight” rating on the stock. Scotiabank increased their price objective on shares of Realty Income from $54.00 to $56.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 16th. UBS Group decreased their price objective on shares of Realty Income from $67.00 to $61.00 and set a “buy” rating for the company in a research note on Friday, May 31st. Stifel Nicolaus cut their target price on Realty Income from $67.75 to $65.00 and set a “buy” rating on the stock in a research note on Wednesday, February 21st. Finally, Mizuho raised their price target on Realty Income from $56.00 to $59.00 and gave the stock a “buy” rating in a research note on Friday, May 10th. Nine investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $61.35.

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.