SCHEDULE 13G/A: BlackRock Amends Stake in MR Cooper Group, Now Holds 11.4%

Sentiment:

Beneficial Ownership Disclosure


BlackRock, Inc. has filed an Amendment No. 8 to Schedule 13G, disclosing a beneficial ownership of 11.4% of MR Cooper Group Inc.'s common stock as of June 30, 2025.

Summary

  • BlackRock, Inc. reported beneficial ownership of 7,274,417 shares of MR Cooper Group Inc. common stock.
  • This represents 11.4% of the total outstanding common stock of MR Cooper Group Inc.
  • BlackRock holds sole voting power over 7,148,628 shares.
  • BlackRock holds sole dispositive power over 7,274,417 shares.
  • No shared voting or dispositive power was reported.
  • iShares Core S&P Small-Cap ETF, a BlackRock entity, holds more than 5% of the total outstanding common stock.
  • BlackRock Fund Advisors, another BlackRock entity, also beneficially owns 5% or greater of the outstanding shares.

Sentiment

Score: 6

Explanation: Neutral, as the document is a factual disclosure of beneficial ownership, not a performance report or strategic announcement. The continued significant stake by a major institutional investor could be seen as mildly positive.

Positives

  • BlackRock, a major institutional investor, maintains a significant stake (11.4%) in MR Cooper Group Inc., which can be interpreted as a vote of confidence.
  • The securities are stated to be acquired and held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Risks

  • The filing includes a certification that the securities were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer, which is a standard regulatory requirement for this type of filing.

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 ยงยง 240.14a-11."

Stakeholder Impact

  • Shareholders may view BlackRock's continued significant stake as a positive signal, indicating institutional confidence in MR Cooper Group Inc.

Key Dates

DateDescription
04/30/2023Previous Power of Attorney revoked by BlackRock, Inc.
01/21/2025New Power of Attorney executed by BlackRock, Inc.
06/30/2025Date of event which required the filing of this Schedule 13G statement.
07/17/2025Date of filing of this Schedule 13G Amendment No. 8.

Keywords

MR Cooper Group Inc, BlackRock, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, Financial Services, Mortgage Servicing

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