Squarepoint Ops LLC Has $4.06 Million Position in UWM Holdings Corporation $UWMC

Key Points

• Squarepoint Ops LLC increased its UWM stake by 179.6% in the second quarter, holding 1.77 million shares worth approximately $4.06 million. Institutional investors collectively own 53.59% of the company.
• UWM shares opened at $1.35, near the lower end of their 12-month range of $0.93 to $7.09. The company reported a quarterly loss of $0.23 per share and revenue of $162.13 million, both substantially below analyst expectations.
• Analysts have broadly reduced their price targets, while UWM faces investor lawsuits alleging inadequate disclosures related to more than $603 million in hedge losses and a potentially dilutive transaction plan. The stock carries a consensus “Hold” rating and an average target price of $4.01.

Squarepoint Ops LLC increased its stake in shares of UWM Holdings Corporation (NYSE:UWMC - Free Report) by 179.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,774,823 shares of the company's stock after acquiring an additional 1,140,136 shares during the quarter. Squarepoint Ops LLC owned approximately 0.11% of UWM worth $4,064,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Allworth Financial LP raised its holdings in shares of UWM by 5,681.9% during the third quarter. Allworth Financial LP now owns 4,163 shares of the company's stock valued at $25,000 after purchasing an additional 4,091 shares during the period. Advisory Services Network LLC bought a new stake in UWM in the 3rd quarter valued at about $38,000. Raymond James Financial Inc. acquired a new position in UWM during the 2nd quarter worth approximately $35,000. Focus Partners Wealth bought a new position in UWM in the first quarter worth approximately $55,000. Finally, Harvest Fund Management Co. Ltd acquired a new stake in UWM in the third quarter valued at approximately $62,000. 53.59% of the stock is owned by institutional investors.

UWM Trading Up 1.1%

Shares of UWM stock opened at $1.35 on Friday. The company has a market capitalization of $2.17 billion, a P/E ratio of -16.94 and a beta of 1.76. The stock has a fifty day simple moving average of $1.68 and a 200 day simple moving average of $2.73. UWM Holdings Corporation has a 12-month low of $0.93 and a 12-month high of $7.09. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 6.05.

UWM (NYSE:UWMC - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported ($0.23) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.30). The company had revenue of $162.13 million for the quarter, compared to the consensus estimate of $727.46 million. UWM had a negative net margin of 1.04% and a negative return on equity of 6.20%. On average, sell-side analysts anticipate that UWM Holdings Corporation will post 0.08 earnings per share for the current fiscal year.

Key Headlines Impacting UWM

Here are the key news stories impacting UWM this week:

• Negative Sentiment: The lawsuits allege that UWM failed to adequately disclose changes to its “natural hedge” strategy and internal risk controls while taking an active mortgage-servicing-rights hedging position connected to the Two Harbors transaction. Investors contend these disclosures contributed to securities-law violations. SueWallSt UWM class action deadline article
• Negative Sentiment: The central allegation involves more than $603 million in hedge losses tied to the failed acquisition bid. The company also agreed to a plan that plaintiffs describe as significantly dilutive to existing shareholders. UWM shares reportedly fell 34% on August 6 after the losses and dilution plan became known. Hagens Berman UWM hedge loss article
• Neutral Sentiment: Numerous firms—including Kaplan Fox, Rosen, Robbins Geller, Bleichmar Fonti & Auld, and others—are seeking investors who purchased UWMC securities between March 9 and August 5, 2026 to participate or seek lead-plaintiff status. The reported deadlines generally fall on October 13, although one notice cites October 12. These announcements do not represent a finding of wrongdoing by UWM. Kaplan Fox UWM deadline article

Analysts Set New Price Targets

A number of analysts have commented on the stock. Barclays decreased their price target on shares of UWM from $4.00 to $2.00 and set an "overweight" rating for the company in a research note on Friday, August 7th. Wall Street Zen lowered shares of UWM from a "hold" rating to a "sell" rating in a research note on Saturday, August 15th. BTIG Research reduced their price objective on shares of UWM from $4.00 to $2.00 and set a "buy" rating for the company in a report on Friday, August 7th. Morgan Stanley decreased their target price on shares of UWM from $5.00 to $3.00 and set an "equal weight" rating for the company in a research report on Monday, July 20th. Finally, Keefe, Bruyette & Woods lowered their target price on shares of UWM from $3.75 to $2.75 and set an "outperform" rating on the stock in a report on Monday, August 10th. Six research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, UWM currently has an average rating of "Hold" and a consensus target price of $4.01.

UWM Company Profile

UWM Holdings Corporation, operating through United Wholesale Mortgage (UWM), is a wholesale mortgage lender headquartered in Pontiac, Michigan. The company originates residential home loans through a network of independent mortgage brokers rather than lending directly to consumers. Its platform is designed to help brokers submit, process and close mortgage applications on behalf of homebuyers and homeowners.

UWM offers a range of mortgage products, including conventional, government-backed FHA, VA and USDA loans, jumbo mortgages, and other specialized financing options.

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