BlackRock Amends STAG Industrial Stake (14th Amendment)
Ticker: STAG · Form: SC 13G/A · Filed: Jan 23, 2024 · CIK: 1479094
| Field | Detail |
|---|---|
| Company | Stag Industrial, Inc. (STAG) |
| Form Type | SC 13G/A |
| Filed Date | Jan 23, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, real-estate, passive-investment
TL;DR
**BlackRock updated its STAG Industrial stake, signaling a potential shift in institutional confidence.**
AI Summary
BlackRock Inc. filed an amended Schedule 13G/A on January 23, 2024, indicating a change in its ownership of STAG Industrial, Inc. common stock as of December 31, 2023. This amendment, the 14th for BlackRock, shows their updated passive investment stake in the real estate investment trust. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal shifts in their confidence or strategy regarding STAG Industrial's future performance.
Why It Matters
Changes in large institutional holdings like BlackRock's can influence market sentiment and potentially impact STAG Industrial's stock price, as other investors may follow their lead.
Risk Assessment
Risk Level: low — This filing is a routine update from a passive institutional investor and does not indicate any immediate or significant risk to the company or its shareholders.
Analyst Insight
Investors should review the full SC 13G/A filing to understand the specific changes in BlackRock's ownership percentage and share count, then consider this information alongside STAG Industrial's recent financial performance and market conditions before making any investment decisions.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- STAG Industrial, Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 23, 2024 (date) — the filing date of the SC 13G/A
- 85254J102 (other) — the CUSIP number for STAG Industrial, Inc. common stock
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 (Amendment No: 14)' sections.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., as indicated under the 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' section.
What company's securities are the subject of this filing?
The subject company whose securities are being reported is STAG Industrial, Inc., as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: STAG Industrial, Inc.' and 'STAG INDUSTRIAL INC (Name of Issuer)'.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023, as explicitly stated in the filing.
What is the CUSIP number for the class of securities reported?
The CUSIP number for the Common Stock of STAG Industrial, Inc. is 85254J102, as listed under the 'CUSIP Number' section.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 23, 2024 regarding STAG Industrial, Inc. (STAG).