Bank of New York Mellon Corp acquired a new position in UWM Holdings Corporation (NYSE:UWMC - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 2,005,793 shares of the company's stock, valued at approximately $4,593,000. Bank of New York Mellon Corp owned about 0.13% of UWM as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in UWM by 9.7% during the 4th quarter. Vanguard Group Inc. now owns 18,959,442 shares of the company's stock worth $83,042,000 after acquiring an additional 1,676,754 shares during the period. Azora Capital LP grew its holdings in UWM by 230.8% in the fourth quarter. Azora Capital LP now owns 11,296,053 shares of the company's stock worth $49,477,000 after purchasing an additional 7,881,586 shares during the period. Brandes Investment Partners LP bought a new stake in UWM in the fourth quarter valued at $45,867,000. Bank of America Corp DE grew its stake in shares of UWM by 127.4% in the 1st quarter. Bank of America Corp DE now owns 6,969,809 shares of the company's stock valued at $25,231,000 after buying an additional 3,905,286 shares during the period. Finally, Balyasny Asset Management L.P. increased its position in UWM by 116.6% in the 2nd quarter. Balyasny Asset Management L.P. now owns 5,991,072 shares of the company's stock valued at $24,803,000 after buying an additional 3,224,806 shares in the last quarter. 53.59% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
UWMC has been the subject of several recent research reports. Barclays decreased their price objective on UWM from $4.00 to $2.00 and set an "overweight" rating for the company in a report on Friday, August 7th. BTIG Research dropped their price target on shares of UWM from $4.00 to $2.00 and set a "buy" rating on the stock in a research report on Friday, August 7th. Keefe, Bruyette & Woods decreased their price objective on UWM from $3.75 to $2.75 and set an "outperform" rating for the company in a report on Monday, August 10th. Citizens Jmp raised UWM from a "market perform" rating to an "outperform" rating and set a $3.00 target price on the stock in a research report on Wednesday, July 29th. Finally, Citigroup raised shares of UWM to an "outperform" rating in a report on Wednesday, July 29th. Six investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $4.01.
View Our Latest Research Report on UWM
More UWM News
Here are the key news stories impacting UWM this week:
- Positive Sentiment: Several law firms are seeking investors to serve as lead plaintiffs, which could help shareholders pursue potential recovery for losses. However, this does not represent a positive development for UWM’s operations or finances. UWMC Investors Have Opportunity to Lead UWM Holdings Corporation Securities Fraud Lawsuit
- Neutral Sentiment: Multiple firms, including Rosen, Kaplan Fox, Faruqi, Robbins Geller, Hagens Berman and others, announced deadlines of October 12 or 13, 2026 for investors who purchased UWMC securities between March 9 and August 5, 2026 to seek lead-plaintiff status. These releases largely repeat the same lawsuit information. Kaplan Fox Securities Fraud Class Action Deadline
- Negative Sentiment: The litigation alleges that UWM failed to disclose risks associated with an over-hedged mortgage-servicing-rights position and its failed attempt to acquire Two Harbors Investment Corp. The company reportedly suffered more than a $603 million hedge loss, posted a $451.9 million second-quarter net loss, and agreed to a plan that could substantially dilute existing shareholders. UWM Faces Securities Class Action After Massive Over-Hedge Loss
- Negative Sentiment: The legal overhang adds reputational, financial and potential settlement risks after UWMC shares plunged 34% on August 6 following disclosure of the hedge loss and dilution plan. Analysts’ consensus recommendation remains “Hold,” signaling limited near-term conviction. UWM Receives Consensus Hold Recommendation
UWM Trading Up 0.3%
Shares of UWMC stock opened at $1.47 on Friday. The company's fifty day simple moving average is $1.76 and its two-hundred day simple moving average is $2.85. The company has a debt-to-equity ratio of 6.05, a current ratio of 1.64 and a quick ratio of 1.64. UWM Holdings Corporation has a 1 year low of $0.93 and a 1 year high of $7.14. The stock has a market capitalization of $2.35 billion, a price-to-earnings ratio of -18.31 and a beta of 1.76.
UWM (NYSE:UWMC - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by ($0.30). UWM had a negative return on equity of 6.20% and a negative net margin of 1.04%.The company had revenue of $162.13 million for the quarter, compared to analysts' expectations of $727.46 million. As a group, analysts anticipate that UWM Holdings Corporation will post 0.08 earnings per share for the current year.
About UWM
(
Free Report)
United Wholesale Mortgage NYSE: UWMC is a leading mortgage lender in the United States specializing in the wholesale channel. The company partners with independent mortgage brokers, community banks and credit unions to offer a full suite of residential mortgage products. Through its network of third-party originators, United Wholesale Mortgage underwrites, funds and closes loans, allowing its partners to focus on customer acquisition and service.
The company’s product offerings include conventional fixed- and adjustable-rate mortgages, Federal Housing Administration (FHA) loans, Veterans Affairs (VA) loans, U.S.
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