State Street Corp Updates Middlesex Water Co. Stake as of 12/31/23
Ticker: MSEXP · Form: SC 13G/A · Filed: Jan 22, 2024 · CIK: 66004
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**State Street Corp filed an updated 13G/A for Middlesex Water Co., confirming their continued institutional ownership.**
AI Summary
State Street Corporation, a major financial institution, filed an amended Schedule 13G/A on January 22, 2024, indicating its ownership of common stock in Middlesex Water Co. This filing updates their previous disclosures, reflecting their holdings as of December 31, 2023. For investors, this means a significant institutional investor continues to hold a position in Middlesex Water, which can be seen as a vote of confidence, but the specific percentage of ownership is not detailed in the provided excerpt, making it difficult to assess the exact impact of any change.
Why It Matters
This filing shows that a large institutional investor, State Street Corporation, maintains a position in Middlesex Water Co., which can influence market perception and stability of the stock.
Risk Assessment
Risk Level: low — This is a routine update from an institutional investor, not indicating any immediate significant risk or opportunity.
Analyst Insight
Investors should note that a major institutional player like State Street Corporation maintains a position, suggesting a degree of stability, but should look for the full filing to understand the percentage of ownership and any changes from previous reports to gauge its significance.
Key Numbers
- 0000093751-24-000036 — Accession Number (Unique identifier for this specific SEC filing)
- 0000066004 — Middlesex Water Co. CIK (Central Index Key for the subject company)
- 0000093751 — State Street Corp. CIK (Central Index Key for the filing entity)
Key Players & Entities
- State Street Corporation (company) — the reporting person and institutional investor
- Middlesex Water Co (company) — the issuer of the securities
- 04-2456637 (number) — State Street Corporation's IRS Identification No.
- 596680108 (number) — CUSIP Number for Middlesex Water Co. Common Stock
- December 31, 2023 (date) — date of event requiring the filing
- January 22, 2024 (date) — date the filing was made
Forward-Looking Statements
- State Street Corporation will continue to hold a significant, but passive, stake in Middlesex Water Co. (State Street Corporation) — high confidence, target: Next 12 months
FAQ
What type of filing is this and who filed it?
This is an SC 13G/A filing, an amendment to a Schedule 13G, filed by State Street Corporation regarding its holdings in Middlesex Water Co.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of Middlesex Water Co. is 596680108, as stated on the cover page of the filing.
What is the 'date of event which requires filing of this statement'?
The date of the event requiring this filing is December 31, 2023, as indicated on the cover page.
Under which rule is this Schedule 13G/A filed?
This Schedule 13G/A is filed under Rule 13D-1(B), as marked with an 'X' on the cover page.
What is the business address of Middlesex Water Co.?
Middlesex Water Co.'s business address is 485C Route 1 South, Suite 400, Iselin, NJ 08830, according to the 'SUBJECT COMPANY' data in the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 22, 2024 regarding MIDDLESEX WATER CO (MSEXP).