BlackRock Amends Waterstone Financial Stake (SC 13G/A)
Ticker: WSBF · Form: SC 13G/A · Filed: Jan 25, 2024 · CIK: 1569994
| Field | Detail |
|---|---|
| Company | Waterstone Financial, Inc. (WSBF) |
| Form Type | SC 13G/A |
| Filed Date | Jan 25, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, investor-update
TL;DR
**BlackRock updated its Waterstone Financial stake, signaling a potential shift in institutional sentiment.**
AI Summary
BlackRock Inc. has filed an amendment (SC 13G/A) to its ownership stake in Waterstone Financial, Inc., indicating a change in its holdings as of December 31, 2023. This filing, Amendment No. 6, updates previous disclosures about BlackRock's position in Waterstone Financial's Common Stock. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal its sentiment about the stock's future prospects, potentially influencing other investors.
Why It Matters
This filing shows BlackRock's updated ownership in Waterstone Financial, providing transparency on a major institutional investor's position, which can influence market perception and trading decisions.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and does not inherently indicate significant risk, but rather transparency.
Analyst Insight
An investor should note BlackRock's continued involvement with Waterstone Financial, but this filing alone doesn't provide enough detail to determine if BlackRock increased or decreased its stake, only that an update occurred. Further analysis of the full filing's Schedule 13G tables would be needed to understand the change in ownership percentage and shares held.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- Waterstone Financial, Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- Amendment No: 6 (number) — the specific amendment number of the filing
- 94188P101 (number) — the CUSIP number for Waterstone Financial's Common Stock
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 6)' sections.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., as indicated under '(1)Names of reporting persons. BlackRock, Inc.' and in the 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' section.
What is the subject company whose securities are being reported?
The subject company is Waterstone Financial, Inc., as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Waterstone Financial, Inc.' and 'WATERSTONE FINANCIAL, INC. (Name of Issuer)'.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified under '(Date of Event Which Requires Filing of this Statement) December 31, 2023'.
What is the CUSIP number for the class of securities reported?
The CUSIP number for the Common Stock of Waterstone Financial, Inc. is 94188P101, as listed under '(CUSIP Number) 94188P101'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 25, 2024 regarding Waterstone Financial, Inc. (WSBF).