State Street Corp Increases Holdings in Realty Income Corporation
1 report, 1 independent
Updated Sep 22
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What happened
State Street Corp increased its holdings in Realty Income Corporation during the second quarter of the year. The firm purchased an additional 2,166,180 shares of the real estate investment trust. Following the purchases, State Street Corp owned 65,929,425 shares, representing a 0.07% stake in the company.
From themarketsdaily.com
Why it matters
The increase in institutional ownership provides market support for Realty Income Corporation. Large institutional buying activity often signals investor confidence in the company's long-term prospects.
From themarketsdaily.com
Who's involved
- Realty Income CorporationReal estate investment trust in the United States
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The entities involved
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Realty Income Corporation
real estate investment trust in the United States