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Pathstone Holdings LLC lifted its position in Realty Income Co. ( NYSE:O – Free Report ) by 14.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 76,316 shares of the real estate investment trust’s stock after buying an additional 9,358 shares during the quarter. Pathstone Holdings LLC’s holdings in Realty Income were worth $4,840,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds also recently bought and sold shares of O. ZWJ Investment Counsel Inc. raised its holdings in shares of Realty Income by 0.6% in the 3rd quarter. ZWJ Investment Counsel Inc. now owns 29,279 shares of the real estate investment trust’s stock valued at $1,857,000 after purchasing an additional 164 shares in the last quarter. Whittier Trust Co. raised its holdings in shares of Realty Income by 4.5% in the third quarter. Whittier Trust Co. now owns 3,871 shares of the real estate investment trust’s stock valued at $245,000 after buying an additional 166 shares during the last quarter. Greenleaf Trust lifted its position in Realty Income by 1.0% during the 3rd quarter. Greenleaf Trust now owns 16,911 shares of the real estate investment trust’s stock worth $1,072,000 after acquiring an additional 170 shares during the period. Grove Bank & Trust grew its position in Realty Income by 14.3% in the 3rd quarter. Grove Bank & Trust now owns 1,409 shares of the real estate investment trust’s stock valued at $89,000 after buying an additional 176 shares during the last quarter. Finally, Buckley Wealth Management LLC boosted its holdings in shares of Realty Income by 1.9% in the third quarter. Buckley Wealth Management LLC now owns 9,450 shares of the real estate investment trust’s stock valued at $599,000 after acquiring an additional 176 shares in the last quarter. 70.81% of the stock is currently owned by hedge funds and other institutional investors. Insider Activity at Realty Income In other Realty Income news, Director Mary Hogan Preusse sold 1,712 shares of the business’s stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $62.58, for a total value of $107,136.96. Following the transaction, the director now owns 26,579 shares in the company, valued at $1,663,313.82. The trade was a 6.05 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website . 0.10% of the stock is owned by insiders. Analysts Set New Price Targets View Our Latest Stock Report on Realty Income Realty Income Price Performance O stock opened at $57.45 on Friday. The stock has a 50-day moving average price of $60.76 and a two-hundred day moving average price of $58.09. The company has a market cap of $50.28 billion, a PE ratio of 54.71, a price-to-earnings-growth ratio of 4.04 and a beta of 0.99. The company has a current ratio of 1.40, a quick 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 – Get Free Report ) last posted its earnings results on Monday, November 4th. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.75). The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.26 billion. Realty Income had a return on equity of 2.35% and a net margin of 17.57%. The firm’s revenue for the quarter was up 28.1% compared to the same quarter last year. During the same period last year, the company posted $1.02 EPS. As a group, research analysts predict that Realty Income Co. will post 4.19 EPS for the current year. Realty Income Increases Dividend The firm also recently declared a monthly dividend, which will be paid on Friday, December 13th. Investors of record on Monday, December 2nd will be given a dividend of $0.2635 per share. This represents a $3.16 dividend on an annualized basis and a yield of 5.50%. This is a boost from Realty Income’s previous monthly dividend of $0.24. The ex-dividend date is Monday, December 2nd. Realty Income’s dividend payout ratio is 300.96%. About Realty Income ( Free Report ) 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. Featured Stories Want to see what other hedge funds are holding O? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Realty Income Co. ( NYSE:O – Free Report ). Receive News & Ratings for Realty Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Realty Income and related companies with MarketBeat.com's FREE daily email newsletter .Woke management decisions similar to what kicked off a downturn in Big W Owner Woolworths, fortunes after they gave Australia Day a two finger salute, seem not to have been heeded by executives at Melbourne based Australian Venue Co, with management appearing to duck for cover after it was exposed that the Company initially planned to implement a policy that would ban Australia Day festivities for patrons at more than 200 of their venues around the country. Blind Freddy would have known, that any such decision was set to enrage Australians, with 97% of the Daily Telegraphs readers believing that retailers and hospitality venues Should not get political about Australia Day? Clearly visible is any comment by individuals from the Company behind the pub group, with most management appearing to not want to be associated with the decision including CEO Paul Watterson. Now with their brand reputation in tatters with tens of thousands set to boycott their hospitality establishments we went searching for answers as to how the business came to the conclusion that it was okay to give Australia Day a two-finger salute. The business that appears to be heavy in female decision makers in key consumer engagement roles have not responded to our request for comments. Some of the people we contacted were: Marianne Mewett (Seen below) Chief Experience Officer at Australian Venue Co, she previously worked at Queen Victoria Market in Melbourne. Recently Australian Venue Co. launched a new retail media network, AVC Experience+, aimed at enhancing customer experiences and promoting products through its venues and digital assets. They claimed that the network was designed to drive consumer action at the point of purchase by delivering tailored brand experiences, now brands are looking to drop their association with the venues. AVC Experience+ was designed to allow suppliers to connect with hard-to-reach audiences by leveraging a mix of digital and in-venue channels. The network’s portfolio includes over 219 venues, potentially reaching up to 15 million consumers annually. Partners can also tap into AVC’s annual digital customer interactions, which include 30 million+ website views, 365 million+ organic social impressions, 2.29 million+ eDM recipients, and 102 million+ impressions via The Pass loyalty app and digital ordering platform. The network is led by an in-house team, under the oversight of AVC Chief Experience Officer, Marianne Mewett. Mewett claimed at the launch “AVC Experience+ offers something unique: front-row access to an attentive and receptive audience when they are in their cultural and social comfort zone: eager to engage, hyped to explore, and poised to embrace new brand experiences.” Genevieve Hassall is Senior Brand & Communications Manager; after moving to New York in 2019, she rejoined the Company recently in a key Optimization role. Other decision makers at the Australian Venue Co include Jodie Ingham a Board Member at Australian Venue Co she took up the role in March 2024. Michelle Jones (Below) is Marketing Manager Australian Venue Co. Zoe Sepesiova Executive Operations Leader. Paul Watterson CEO Australian Venue Co. All of these senior executives seem to have not reviewed the backlash that came out of the Woolworth debacle. One of the questions we wanted answers to was ‘Are you able to give an explanation as to how you reached the conclusion that a ban would add value to your revenues and above all the brand perception for your venues”. As the fall out unfolded a statement was released on Monday, where the Company finally admitted the decision had caused “concern and confusion.” “We sincerely regret that – our purpose is to reinforce community in our venues, not divide it. It is not for us to tell anyone whether or how to celebrate Australia Day.” When asked if they had backflipped on the ban, Australian Venue Co simply responded by directing The Daily Telegraph to the their recently released statement. The decision to ban Australia Day celebrations sparked widespread criticism. What’s not known is whether CEO Paul Watterson knew of the decision and actually supported it. . “Let’s spread the news of these Australia Day bans far a wide and boycott these hotels, not just on that day, but every day,” one person wrote. “I’ll make sure I never set foot into any of your pubs ever again,” another man posted. “Pretty simple really — just boycott the establishments, there are plenty of other alternatives out there,” wrote another. In 2017, KKR purchased an 80% stake in the Dixon Hospitality Group which was owned by the former CEO of Qantas Geoff Dixon. The company’s portfolio initially consisted of five venues in Melbourne but has been expanded to over 200 venues across Australia and New Zealand. In March 2019, Coles Group and Australian Venue Co. established a joint venture (Queensland Venue Co) where AVC would take over operations of the Coles’ Spirit Hotels and receive its profits while Coles would run the group’s liquor stores and receive its profits. Coles received $200 million from AVC as part of the deal. In August 2023, PAG agreed terms to purchase KKR’s controlling shareholding for $1.4 billion.
ATLANTIC CITY, N.J. (AP) — It doesn't happen all that often, but when it does, it can seem like a dream come true for sports gamblers: being able to bet on a game after it has already ended. And it has happened again in Atlantic City, where a sportsbook has been fined for taking $25,000 worth of bets on college basketball and hockey games and boxing matches after they were over. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
4 analysts have shared their evaluations of Sight Sciences SGHT during the recent three months, expressing a mix of bullish and bearish perspectives. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 0 3 0 0 Last 30D 0 0 1 0 0 1M Ago 1 0 1 0 0 2M Ago 0 0 1 0 0 3M Ago 0 0 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for Sight Sciences, presenting an average target of $5.15, a high estimate of $5.50, and a low estimate of $4.60. Observing a downward trend, the current average is 17.86% lower than the prior average price target of $6.27. Breaking Down Analyst Ratings: A Detailed Examination A clear picture of Sight Sciences's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Joanne Wuensch Citigroup Lowers Neutral $4.60 $5.80 Danielle Antalffy UBS Announces Buy $5.50 - Cecilia Furlong Morgan Stanley Lowers Equal-Weight $5.00 $7.00 Matt O'Brien Piper Sandler Lowers Neutral $5.50 $6.00 Key Insights: Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Sight Sciences. This offers insight into analysts' perspectives on the current state of the company. Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Sight Sciences compared to the broader market. Price Targets: Gaining insights, analysts provide estimates for the future value of Sight Sciences's stock. This comparison reveals trends in analysts' expectations over time. Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Sight Sciences's market position. Stay informed and make well-informed decisions with our Ratings Table. Stay up to date on Sight Sciences analyst ratings. If you are interested in following small-cap stock news and performance you can start by tracking it here . Unveiling the Story Behind Sight Sciences Sight Sciences Inc is an ophthalmic medical device company focused on the development and commercialization of surgical and nonsurgical technologies for the treatment of prevalent eye diseases. Its Surgical Glaucoma segment's product portfolio features the OMNI Surgical System, a device that facilitates the performance of both canaloplasty and trabeculotomy with a single device and single corneal incision to reduce intraocular pressure in adult patients with primary open-angle glaucoma. The company's Dry Eye segment's product portfolio consists of the TearCare System for ophthalmologists and optometrists. It derives key revenue from the Surgical Glaucoma segment. A Deep Dive into Sight Sciences's Financials Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity. Positive Revenue Trend: Examining Sight Sciences's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 0.74% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Health Care sector. Net Margin: Sight Sciences's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -54.9% net margin, the company effectively manages costs and achieves strong profitability. Return on Equity (ROE): Sight Sciences's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -11.26% ROE, the company effectively utilizes shareholder equity capital. Return on Assets (ROA): Sight Sciences's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -7.55%, the company may encounter challenges in delivering satisfactory returns from its assets. Debt Management: Sight Sciences's debt-to-equity ratio is below the industry average at 0.37 , reflecting a lower dependency on debt financing and a more conservative financial approach. The Basics of Analyst Ratings Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks. Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders. Breaking: Wall Street's Next Big Mover Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. Click here for urgent details . This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.