BlackRock Amends LPX Stake: Passive Investment Update

Ticker: LPX · Form: SC 13G/A · Filed: 2024-01-25T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, amendment, passive-investment

Related Tickers: LPX

TL;DR

**BlackRock updated its passive stake in LOUISIANA-PACIFIC CORP.**

AI Summary

BlackRock Inc. filed an amended SC 13G/A on January 25, 2024, indicating a change in its ownership of LOUISIANA-PACIFIC CORP (NYSE: LPX) common stock as of December 31, 2023. This amendment, number 3, shows BlackRock's updated passive investment position in the lumber and wood products company. For investors, this filing is important because it provides transparency into a major institutional investor's stake, which can influence market perception and potentially signal confidence or a shift in strategy regarding LPX shares.

Why It Matters

This filing updates BlackRock's passive ownership in LOUISIANA-PACIFIC CORP, offering transparency into a significant institutional investor's position and potentially influencing market sentiment for LPX stock.

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 LOUISIANA-PACIFIC CORP, but this filing alone doesn't suggest a need for immediate action, as it's a routine update from a passive investor.

Key Players & Entities

Forward-Looking Statements

FAQ

What type of filing is this document?

This document is an SC 13G/A, which is an amendment to a Schedule 13G, indicating a change in beneficial ownership by a passive investor.

Who is the filer of this SC 13G/A?

The filer of this SC 13G/A is BlackRock Inc., a major institutional investment manager.

Which company's securities are the subject of this filing?

The subject company is LOUISIANA-PACIFIC CORP, identified by the CUSIP number 546347105 and the ticker LPX.

What was the date of the event that triggered this filing?

The date of the event which required the filing of this statement was December 31, 2023.

Under which rule of the Securities Exchange Act of 1934 was this Schedule 13G filed?

This Schedule 13G was filed under Rule 13d-1(b) of the Securities Exchange Act of 1934, which is typically used by passive institutional investors.

From the Filing

0001086364-24-003371.txt : 20240125 0001086364-24-003371.hdr.sgml : 20240125 20240125134857 ACCESSION NUMBER: 0001086364-24-003371 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240125 DATE AS OF CHANGE: 20240125 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LOUISIANA-PACIFIC CORP CENTRAL INDEX KEY: 0000060519 STANDARD INDUSTRIAL CLASSIFICATION: LUMBER & WOOD PRODUCTS (NO FURNITURE) [2400] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 930609074 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-11023 FILM NUMBER: 24561143 BUSINESS ADDRESS: STREET 1: 1610 WEST END AVE. STREET 2: SUITE 200 CITY: NASHVILLE STATE: TN ZIP: 37203 BUSINESS PHONE: 6159865600 MAIL ADDRESS: STREET 1: 1610 WEST END AVE. STREET 2: SUITE 200 CITY: NASHVILLE STATE: TN ZIP: 37203 FORMER COMPANY: FORMER CONFORMED NAME: LOUISIANA PACIFIC CORP DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us5463471053_012524.txt us5463471053_012524.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 3) LOUISIANA PACIFIC CORP -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 546347105 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 546347105 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 6257356 (6) Shared voting power 0 (7) Sole dispositive power 6495952 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 6495952 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 9.0% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- LOUISIANA PACIFIC CORP Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 1610 WEST END AVE, SUITE 200 NASHVILLE TN 37203 Item 2. 2(a) Name of person filing: ---------------------------------------

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