BlackRock Amends Realty Income Stake (SC 13G/A, 17th Amendment)
Ticker: O · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 726728
| Field | Detail |
|---|---|
| Company | Realty Income CORP (O) |
| Form Type | SC 13G/A |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**BlackRock updated its passive stake in Realty Income as of year-end 2023.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 24, 2024, disclosing its ownership in Realty Income Corporation as of December 31, 2023. This filing, Amendment No. 17, indicates BlackRock's continued significant, though potentially adjusted, passive stake in the real estate investment trust. For investors, this matters because BlackRock is a major institutional investor, and changes in its holdings can signal shifts in sentiment or strategy towards Realty Income, potentially influencing other investors and the stock's performance.
Why It Matters
This filing shows BlackRock's updated passive ownership in Realty Income, providing transparency into a major institutional investor's position, which can influence market perception.
Risk Assessment
Risk Level: low — This is a routine amendment by a large institutional investor, indicating passive ownership, and does not suggest immediate high risk.
Analyst Insight
An investor should note BlackRock's continued presence as a significant shareholder in Realty Income, but this filing alone doesn't provide enough detail to warrant immediate action beyond monitoring future filings for changes in ownership percentage.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person filing the SC 13G/A
- Realty Income Corporation (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 24, 2024 (date) — the filing date of the SC 13G/A
- Amendment No: 17 (number) — the specific amendment number for this filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 17)'.
Who is the reporting person in this filing?
The reporting person is BlackRock Inc., as stated under '(1)Names of reporting persons. BlackRock, Inc.'.
What is the subject company whose securities are being reported?
The subject company is REALTY INCOME CORPORATION, as identified under '(Name of Issuer) REALTY INCOME CORPORATION'.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified by 'December 31, 2023 (Date of Event Which Requires Filing of this Statement)'.
What is the CUSIP number for the securities reported?
The CUSIP number for the Common Stock of Realty Income Corporation is 756109104, as listed under 'CUSIP No. 756109104'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding REALTY INCOME CORP (O).