BlackRock Updates UNITIL CORP Stake in SC 13G/A Filing
Ticker: UTL · Form: SC 13G/A · Filed: Jan 19, 2024 · CIK: 755001
| Field | Detail |
|---|---|
| Company | Unitil Corp (UTL) |
| Form Type | SC 13G/A |
| Filed Date | Jan 19, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock just updated its UNITIL CORP stake, signaling its latest passive investment position.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 19, 2024, indicating its ownership of UNITIL CORP's Common Stock as of December 31, 2023. This filing, Amendment No. 16, updates BlackRock's passive investment position in UNITIL CORP. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal shifts in confidence or strategy regarding UNITIL CORP's stock.
Why It Matters
This filing shows BlackRock's updated ownership in UNITIL CORP, providing transparency on a significant institutional investor's position, which can influence market perception.
Risk Assessment
Risk Level: low — This is a routine update from a passive institutional investor and does not indicate any immediate high-risk event for the company.
Analyst Insight
A smart investor would note BlackRock's continued, passive institutional ownership in UNITIL CORP, but understand that this filing alone doesn't signal a major strategic shift or immediate buy/sell signal.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person filing the SC 13G/A
- UNITIL CORP (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 19, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 16 (number) — the specific amendment number of the filing
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 indicated by 'FORM TYPE: SC 13G/A' and 'Amendment No: 16' in the filing.
Who is the reporting person in this filing?
The reporting person is BlackRock Inc., as stated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' in the filing.
What is the subject company whose securities are being reported?
The subject company is UNITIL CORP, identified under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: UNITIL CORP' and 'Name of Issuer) UNITIL CORPORATION' in the filing.
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, as specified under '(Date of Event Which Requires Filing of this Statement) December 31, 2023'.
What is the CUSIP number for the securities reported?
The CUSIP number for the Common Stock of UNITIL CORP is 913259107, as listed under '(CUSIP Number) 913259107' in the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 19, 2024 regarding UNITIL CORP (UTL).