88339 Shares In Realty Income Co Nyseo Purchased By Manning Napier Advisors Llc

Manning Napier Acquires New Position in Realty Income

Major Investment Signals Confidence in Net Lease REIT

1836% Stake Increase in First Quarter

Manning Napier Advisors LLC has made a significant investment in Realty Income Corporation (NYSE: O), a leading net lease real estate investment trust (REIT). The firm acquired a new position in shares of Realty Income during the first quarter of 2023, increasing its stake by 1836%.

Realty Income is the world's largest net lease REIT and the fourth largest REIT by market capitalization. The company's portfolio consists of over 11,000 properties leased to tenants in various industries, including retail, industrial, and healthcare. Over the past ten years, Realty Income has consistently increased its dividend, making it a popular investment for income-oriented investors.

Manning Napier's investment in Realty Income is a sign of confidence in the company's long-term growth potential. The firm is a leading global investment management company with over $16 billion in assets under management. Manning Napier's decision to invest in Realty Income highlights the REIT's strong fundamentals and its attractive dividend yield.