SCHEDULE 13G: LSV Asset Management Discloses 5.08% Stake in CSG Systems International Inc.
Beneficial Ownership Disclosure
LSV Asset Management has filed a Schedule 13G, revealing a beneficial ownership of 5.08% of CSG Systems International Inc.'s Class A Common Stock as of March 31, 2025.
Summary
- LSV Asset Management, an investment adviser based in Delaware, has reported beneficial ownership of 1,465,588 shares of CSG Systems International Inc.'s Class A Common Stock.
- This stake represents 5.08% of the total Class A Common Stock outstanding.
- The filing indicates that LSV Asset Management holds sole voting power over 897,743 shares and sole dispositive power over all 1,465,588 shares.
- The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of CSG Systems International Inc.
- Clients of LSV Asset Management, including various funds and managed accounts, are the ultimate beneficiaries with the right to receive dividends or proceeds from the sale of these securities.
Sentiment
Score: 5
Explanation: This document is a factual disclosure of beneficial ownership and does not contain information that would inherently indicate positive or negative sentiment regarding the issuer's performance or outlook.
Future Outlook
NA
Management Comments
- "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11." Josh O'Donnell, Chief Compliance Officer, LSV Asset Management.
Industry Context
NA
Stakeholder Impact
- Shareholders: The disclosure provides transparency regarding a significant institutional investor's stake in the company, which can influence market perception and trading activity.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires the filing of this statement, indicating the beneficial ownership percentage. |
| 05/01/2025 | Date the Schedule 13G statement was signed by LSV Asset Management's Chief Compliance Officer. |
Keywords
CSG Systems International Inc, LSV Asset Management, Schedule 13G, Beneficial Ownership, Class A Common Stock, Investment Adviser, SEC Filing, Institutional Ownership
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