State Street Amends CenterPoint Energy Stake Filing
Ticker: CNP · Form: SC 13G/A · Filed: 2024-01-29T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**State Street updated its CenterPoint Energy holdings, signaling continued institutional interest.**
AI Summary
State Street Corporation, a major financial institution, filed an amended SC 13G/A on January 29, 2024, indicating its ownership of common stock in CenterPoint Energy Inc. as of December 31, 2023. This filing updates their previous disclosure, confirming their continued significant, but passive, investment in the utility company. This matters to investors because State Street's substantial holding suggests institutional confidence in CenterPoint Energy, potentially signaling stability or long-term value, though the exact percentage of ownership is not provided in this excerpt.
Why It Matters
Large institutional ownership by firms like State Street can provide a vote of confidence in a company's stability and future prospects, which can influence other investors' perceptions.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and does not indicate any immediate risks or significant changes in company control.
Analyst Insight
Investors should note State Street's continued institutional presence in CenterPoint Energy, but this filing alone doesn't suggest any immediate buy or sell action, as it's a routine update of a passive stake.
Key Numbers
- 15189T107 — CUSIP Number (Identifies CenterPoint Energy Inc.'s common stock)
- 20240129 — Filing Date (Date the SC 13G/A was filed with the SEC)
- 20231231 — Date of Event (Date as of which the ownership information is reported)
Key Players & Entities
- State Street Corporation (company) — the reporting person and institutional investor
- CenterPoint Energy Inc. (company) — the subject company whose securities are being reported
- 0000093751-24-000319 (dollar_amount) — accession number for the filing
- 15189T107 (dollar_amount) — CUSIP number for CenterPoint Energy Inc. common stock
- December 31, 2023 (date) — date of event requiring the filing
- January 29, 2024 (date) — filing date
Forward-Looking Statements
- State Street Corporation will maintain a significant, passive stake in CenterPoint Energy Inc. throughout 2024. (State Street Corporation) — high confidence, target: 2024-12-31
FAQ
What type of filing is this and who filed it?
This is an SC 13G/A filing, which is an amendment to a Schedule 13G, filed by State Street Corporation regarding its holdings in CenterPoint Energy Inc.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the common stock of CenterPoint Energy Inc. is 15189T107, as stated on page 2 of 5 of the filing.
What was the 'date of event' that required this filing?
The 'date of event which requires filing of this statement' was December 31, 2023, as indicated on the cover page of the filing.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13D-1(B), as indicated by the checked box on the cover page.
What is the business address of the reporting person, State Street Corporation?
State Street Corporation's business address is 1 Congress Street, Suite 1, Boston, MA 02114, as detailed in the 'FILED BY' section of the filing.
From the Filing
EDGAR Filing Documents for 0000093751-24-000319 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0000093751-24-000319 Filing Date 2024-01-29 Accepted 2024-01-29 11:00:30 Documents 1 Document Format Files Seq Description Document Type Size 1 CenterPoint_Energy_Inc.txt SC 13G/A 6775 Complete submission text file 0000093751-24-000319.txt 8782 Mailing Address 1 CONGRESS STREET SUITE 1 BOSTON MA 02114 Business Address 1 CONGRESS STREET SUITE 1 BOSTON MA 02114 617 786-3000 STATE STREET CORP (Filed by) CIK : 0000093751 (see all company filings) EIN. : 042456637 | State of Incorp.: MA | Fiscal Year End: 1231 Type: SC 13G/A SIC : 6022 State Commercial Banks (CF Office: 02 Finance) Mailing Address 1111 LOUISIANA ST. HOUSTON TX 77002 Business Address 1111 LOUISIANA ST. HOUSTON TX 77002 7132073000 CENTERPOINT ENERGY INC (Subject) CIK : 0001130310 (see all company filings) EIN. : 740694415 | State of Incorp.: TX | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-78797 | Film No.: 24571492 SIC : 4911 Electric Services (CF Office: 01 Energy & Transportation)