BlackRock Amends Passive Stake in Boyd Gaming Corp.

TL;DR

**BlackRock updated its passive stake in Boyd Gaming, watch for potential market reaction.**

AI Summary

BlackRock Inc. filed an amended SC 13G/A on January 25, 2024, indicating a change in their ownership of Boyd Gaming Corp. common stock as of December 31, 2023. While the filing doesn't specify the exact percentage or share count, it signals a shift in BlackRock's passive investment position. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can sometimes influence market sentiment or reflect their updated outlook on the company's prospects.

Why It Matters

Changes in large institutional holdings like BlackRock's can signal shifts in investor confidence or strategy, potentially impacting the stock's perceived value.

Risk Assessment

Risk Level: low — This filing is a routine update from a passive investor and does not indicate any immediate or significant risk to the company or its shareholders.

Analyst Insight

Investors should note BlackRock's continued passive interest in Boyd Gaming Corp. and monitor future filings for any significant changes in their ownership percentage, which could signal a more definitive bullish or bearish stance.

Key Players & Entities

• BlackRock Inc. (company) — the reporting person filing the SC 13G/A
• Boyd Gaming Corp. (company) — the subject company whose securities are being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• January 25, 2024 (date) — the filing date of the SC 13G/A

FAQ

From the Filing

0001086364-24-003699.txt : 20240125 0001086364-24-003699.hdr.sgml : 20240125 20240125165923 ACCESSION NUMBER: 0001086364-24-003699 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: BOYD GAMING CORP CENTRAL INDEX KEY: 0000906553 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 880242733 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-48189 FILM NUMBER: 24562894 BUSINESS ADDRESS: STREET 1: 6465 SOUTH RAINBOW BOULEVARD CITY: LAS VEGAS STATE: NV ZIP: 89118 BUSINESS PHONE: 7027927200 MAIL ADDRESS: STREET 1: 6465 SOUTH RAINBOW BOULEVARD CITY: LAS VEGAS STATE: NV ZIP: 89118 FORMER COMPANY: FORMER CONFORMED NAME: BOYD GROUP DATE OF NAME CHANGE: 19941130 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 us1033041013_012524.txt us1033041013_012524.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 10) BOYD GAMING CORPORATION -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 103304101 -------------------------------------------------------- (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. 103304101 (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 7343520 (6) Shared voting power 0 (7) Sole dispositive power 8159557 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 8159557 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 8.3% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- BOYD GAMING CORPORATION Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 6465 SOUTH RAINBOW BOULEVARD LAS VEGAS NV 89118 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, I