UWM Holdings Corporation $UWMC Shares Acquired by Bank of America Corp DE

Key Points

• Bank of America increased its UWM Holdings stake by 127.4% in the first quarter, reaching 6.97 million shares valued at approximately $25.2 million. Institutional investors collectively own 53.59% of UWMC.
• Analyst opinions remain mixed, with a consensus “Hold” rating and an average price target of $4.01, despite several recent upgrades to “Outperform.”
• UWM reported a quarterly loss of $0.23 per share, well below the $0.07 consensus estimate, while revenue also missed expectations. The company is additionally facing securities-related lawsuits and investigations alleging inadequate disclosure of risks tied to its hedging strategy.

Bank of America Corp DE increased its holdings in shares of UWM Holdings Corporation (NYSE:UWMC - Free Report) by 127.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,969,809 shares of the company's stock after purchasing an additional 3,905,286 shares during the period. Bank of America Corp DE owned 0.44% of UWM worth $25,231,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of UWM by 9.7% during the fourth 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. UBS Group AG raised its stake in shares of UWM by 93.8% during the 4th quarter. UBS Group AG now owns 3,347,300 shares of the company's stock worth $14,661,000 after buying an additional 1,620,003 shares in the last quarter. BW Gestao de Investimentos Ltda. acquired a new stake in shares of UWM in the 4th quarter valued at approximately $5,695,000. Concentric Capital Strategies LP boosted its stake in shares of UWM by 507.8% in the fourth quarter. Concentric Capital Strategies LP now owns 2,251,999 shares of the company's stock valued at $9,864,000 after buying an additional 1,881,483 shares in the last quarter. Finally, Delta Global Management LP grew its holdings in UWM by 24.9% during the fourth quarter. Delta Global Management LP now owns 1,181,999 shares of the company's stock worth $5,177,000 after acquiring an additional 235,290 shares during the period. 53.59% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on UWMC. Citizens Jmp upgraded shares of UWM from a "market perform" rating to an "outperform" rating and set a $3.00 price target for the company in a report on Wednesday, July 29th. Keefe, Bruyette & Woods dropped their target price on shares of UWM from $3.75 to $2.75 and set an "outperform" rating for the company in a report on Monday, August 10th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a $5.50 price target on shares of UWM in a research note on Thursday, May 7th. Citigroup raised UWM to an "outperform" rating in a research note on Wednesday, July 29th. Finally, Barclays dropped their price objective on UWM from $4.00 to $2.00 and set an "overweight" rating for the company in a research note on Friday, August 7th. 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 stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $4.01.

Key Headlines Impacting UWM

Here are the key news stories impacting UWM this week:

• Neutral Sentiment: Several law firms, including Robbins LLP, Levi & Korsinsky, Kaplan Fox, Rosen Law Firm, and Faruqi & Faruqi, reminded investors that a securities class action has been filed on behalf of shareholders who purchased UWMC securities between March 9 and August 5, 2026. Investors may seek to serve as lead plaintiff, with deadlines generally listed as October 12 or October 13. These notices are procedural and do not establish that UWM violated securities laws. Robbins LLP UWM stockholder notice
• Negative Sentiment: The lawsuit and related investigations allege that UWM and certain executives made misleading statements or failed to disclose material information concerning the company’s hedging strategy and its impact on financial results. One investor notice links those issues to a reported 34% decline in UWMC shares after the company’s disclosures. BFA Law UWMC class action notice
• Negative Sentiment: The unusually high volume of nearly identical law-firm announcements increases visibility around UWM’s legal and disclosure risks. This adds potential litigation costs, reputational pressure, and uncertainty for shareholders already concerned about the company’s weak recent earnings performance. Levi & Korsinsky UWMC deadline notice

UWM Price Performance

UWM stock opened at $1.49 on Tuesday. The stock has a market capitalization of $2.38 billion, a P/E ratio of -18.56 and a beta of 1.79. UWM Holdings Corporation has a 12-month low of $0.93 and a 12-month high of $7.14. The company has a debt-to-equity ratio of 6.05, a current ratio of 1.64 and a quick ratio of 1.64. The firm's 50-day moving average is $1.98 and its two-hundred day moving average is $3.18.

UWM (NYSE:UWMC - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported ($0.23) earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by ($0.30). The firm had revenue of $162.13 million during the quarter, compared to analyst estimates of $727.46 million. UWM had a negative net margin of 1.04% and a negative return on equity of 6.20%. Equities analysts predict that UWM Holdings Corporation will post 0.24 earnings per share for the current year.

UWM Company Profile

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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