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Fairway Wealth buys Realty Income shares, despite the company slightly missing earnings expectations.
Fairway Wealth LLC has bought 1,000 shares of Realty Income Co. (NYSE:O) valued at about $53,000, while Dearborn Partners LLC reduced its holdings.
Realty Income, an S&P 500 company known for its dividends, recently reported $1.05 EPS, slightly missing analyst expectations.
Despite this, the company maintains a strong dividend yield of 5.7%.
With a market cap of $52.13 billion, Realty Income continues to be seen as a stable investment by analysts predicting 4.19 EPS for the year.
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Fairway Wealth compra acciones de Realty Income, a pesar de que la compañía perdió ligeramente las expectativas de ganancias.