State Street Amends CONSOL Energy Stake as of Dec 31, 2023
Ticker: CNR · Form: SC 13G/A · Filed: Jan 25, 2024 · CIK: 1710366
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, coal-mining
TL;DR
**State Street updated its CONSOL Energy holdings, signaling continued institutional interest.**
AI Summary
State Street Corporation, a major financial institution, filed an amended SC 13G/A on January 25, 2024, indicating its ownership of CONSOL Energy Inc. common stock as of December 31, 2023. This filing is an amendment, meaning State Street previously reported its stake and is now updating that information. For investors, this matters because State Street is a significant institutional holder, and changes in its reported ownership can signal shifts in institutional sentiment or investment strategy towards CONSOL Energy.
Why It Matters
This filing shows that State Street Corporation continues to hold a significant position in CONSOL Energy, providing insight into institutional investor confidence in the company.
Risk Assessment
Risk Level: low — This filing is a routine update of institutional ownership and does not indicate any immediate financial risk or major change in company operations.
Analyst Insight
An investor should note that State Street Corporation, a large institutional investor, continues to hold a position in CONSOL Energy Inc. This is a routine update, but continued institutional ownership can be a positive signal. Further analysis of the specific percentage of ownership (not provided in this excerpt) would be needed to gauge the significance of this holding.
Key Players & Entities
- State Street Corporation (company) — the reporting person and institutional investor
- CONSOL Energy Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 25, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, indicating a change in previously reported beneficial ownership.
Who is the reporting person in this filing?
The reporting person is State Street Corporation, identified by CIK 0000093751.
What is the subject company whose securities are being reported?
The subject company is CONSOL Energy Inc., identified by CIK 0001710366.
What is the CUSIP number for the securities reported?
The CUSIP number for the common stock of CONSOL Energy Inc. is 20854L108.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 25, 2024 regarding CONSOL Energy Inc. (CNR).