SCHEDULE 13G/A: Cohen & Steers Amends Passive Stake in Boyd Gaming, Reports 4.92% Ownership

Cohen & Steers, Inc. and its affiliates have filed an amended Schedule 13G, disclosing a collective beneficial ownership of 4.92% in Boyd Gaming Corp. as of February 28, 2025.

Summary

• Cohen & Steers, Inc., a Delaware corporation, along with its subsidiaries, has filed an Amendment No. 1 to Schedule 13G regarding its beneficial ownership in Boyd Gaming Corp.
• As of February 28, 2025, Cohen & Steers, Inc. beneficially owns an aggregate of 4,121,798 shares of Boyd Gaming Corp. Common Stock, representing 4.92% of the class.
• Cohen & Steers Capital Management, Inc., a New York corporation and a subsidiary, holds 4,110,766 shares, equating to 4.91% beneficial ownership.
• Cohen & Steers Ireland Limited, an Irish subsidiary, holds 11,032 shares, representing 0.01% beneficial ownership.
• Cohen & Steers UK Ltd and Cohen & Steers Asia Limited reported 0% beneficial ownership.
• The shares are held in the ordinary course of business and not for the purpose of changing or influencing the control of Boyd Gaming Corp.
• The reporting persons are primarily investment advisers and a parent holding company, holding securities for the benefit of their respective account holders.

Sentiment

Score: 5

Explanation: The document is a factual regulatory filing disclosing beneficial ownership, with no inherent positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain any forward-looking statements or guidance regarding Boyd Gaming Corp.'s future performance or outlook.

Industry Context

This Schedule 13G filing is a standard regulatory disclosure by an institutional investor, Cohen & Steers, indicating its passive ownership stake in Boyd Gaming Corp. Such filings are common in the investment management industry, providing transparency on significant shareholdings that do not aim to influence corporate control.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant passive ownership stake by a major institutional investor, Cohen & Steers.
• Regulatory Authorities: Fulfills SEC disclosure requirements for beneficial ownership.

Key Dates

Keywords

Boyd Gaming Corp, Cohen & Steers, Schedule 13G, Beneficial Ownership, SEC Filing, Investment Management, Common Stock, Passive Investment