BlackRock Amends York Water Co. Stake, Files SC 13G/A
Ticker: YORW · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 108985
| Field | Detail |
|---|---|
| Company | York Water Co (YORW) |
| Form Type | SC 13G/A |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its passive stake in York Water Co. as of year-end 2023.**
AI Summary
BlackRock, Inc. filed an amended Schedule 13G/A on January 24, 2024, indicating a change in their ownership of York Water Company's Common Stock as of December 31, 2023. This filing, Amendment No. 8, updates their previous disclosures regarding their passive investment in the utility company. 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 York Water Company, potentially influencing other investors.
Why It Matters
This filing shows BlackRock's updated ownership in York Water Company, which can influence market perception and potentially the stock's stability due to a major institutional investor's position.
Risk Assessment
Risk Level: low — This is a routine update from a passive institutional investor and does not indicate any immediate significant risk or opportunity.
Analyst Insight
Investors should note BlackRock's continued passive interest in York Water Company, but this routine update doesn't suggest any immediate need for action beyond monitoring future filings for significant changes in ownership percentage.
Key Players & Entities
- BlackRock, Inc. (company) — the reporting person filing the SC 13G/A
- York Water Company (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 24, 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, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 8)' sections.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., as indicated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' and '(1)Names of reporting persons. BlackRock, Inc.'.
What is the subject company of this filing?
The subject company is York Water Company, as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: YORK WATER CO' and 'YORK WATER COMPANY (Name of Issuer)'.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified under '(Date of Event Which Requires Filing of this Statement) December 31, 2023'.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), indicated by the '[X] Rule 13d-1(b)' checkbox selection in the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding YORK WATER CO (YORW).