State Street Corp Amends Realty Income (O) Stake Filing
Ticker: O · Form: SC 13G/A · Filed: Jan 30, 2024 · CIK: 726728
| Field | Detail |
|---|---|
| Company | Realty Income CORP (O) |
| Form Type | SC 13G/A |
| Filed Date | Jan 30, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, REIT, passive-investment
Related Tickers: O
TL;DR
**State Street still holds Realty Income, good sign for O investors.**
AI Summary
State Street Corporation, a major financial institution, filed an amended SC 13G/A on January 30, 2024, indicating its ownership of Realty Income Corp (O) REIT shares as of December 31, 2023. This filing updates their previous disclosure, confirming their continued significant, but passive, stake in Realty Income. This matters to investors because State Street's large holding suggests institutional confidence in Realty Income's stability and dividend-paying ability, which could be a positive signal for current and prospective shareholders.
Why It Matters
This filing confirms a major institutional investor, State Street Corporation, maintains a significant stake in Realty Income Corp, signaling continued institutional confidence in the company.
Risk Assessment
Risk Level: low — This is a routine amendment by a passive institutional investor and does not indicate any immediate risk or change in company operations.
Analyst Insight
Investors should note that a major institutional player like State Street Corporation continues to hold a position in Realty Income Corp, which can be interpreted as a sign of long-term stability and confidence in the REIT sector. This filing doesn't suggest any immediate action but reinforces the company's institutional backing.
Key Numbers
- 756109104 — CUSIP Number (identifies Realty Income Corp's securities)
- 04-2456637 — IRS Identification No. (identifies State Street Corporation)
Key Players & Entities
- State Street Corporation (company) — the reporting person and institutional investor
- Realty Income Corp (company) — the subject company whose securities are being reported
- REIT (company) — the title of the class of securities held by State Street
- 0000093751-24-000412 (dollar_amount) — accession number for the filing
- January 30, 2024 (date) — the date the SC 13G/A filing was made
- December 31, 2023 (date) — the date of the event which required the 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 stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 AMENDED FILING' sections.
Who is the reporting person in this filing?
The reporting person is STATE STREET CORPORATION, as clearly stated under '1. NAME OF REPORTING PERSON: STATE STREET CORPORATION'.
What is the subject company whose securities are being reported?
The subject company is REALTY INCOME CORP, as indicated by 'NAME OF ISSUER: REALTY INCOME CORP' and 'SUBJECT COMPANY: COMPANY CONFORMED NAME: REALTY INCOME CORP'.
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 under '12/31/2023 (DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)'.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed pursuant to Rule 13D-1 (B), as indicated by '(X) RULE 13D-1 (B)'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 30, 2024 regarding REALTY INCOME CORP (O).