Quantbot Technologies LP boosted its holdings in UWM Holdings Co. (NYSE:UWMC – Free Report) by 20.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 38,266 shares of the company’s stock after buying an additional 6,408 shares during the period. Quantbot Technologies LP’s holdings in UWM were worth $186,000 as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in UWMC. Point72 Hong Kong Ltd bought a new position in UWM in the 2nd quarter worth approximately $26,000. International Assets Investment Management LLC acquired a new stake in shares of UWM during the 3rd quarter worth approximately $32,000. Captrust Financial Advisors grew its holdings in shares of UWM by 220.9% during the 2nd quarter. Captrust Financial Advisors now owns 9,589 shares of the company’s stock worth $34,000 after purchasing an additional 6,601 shares in the last quarter. First Republic Investment Management Inc. acquired a new stake in shares of UWM during the 2nd quarter worth approximately $35,000. Finally, Engineers Gate Manager LP acquired a new stake in shares of UWM during the 4th quarter worth approximately $35,000. 44.44% of the stock is owned by institutional investors.
UWM Trading Up 2.6 %
Shares of UWMC opened at $7.06 on Monday. The stock has a fifty day moving average price of $6.66 and a two-hundred day moving average price of $5.89. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.90 and a current ratio of 1.90. UWM Holdings Co. has a 52-week low of $4.06 and a 52-week high of $7.43. The company has a market cap of $661.17 million, a price-to-earnings ratio of 100.86 and a beta of 1.62.
Wall Street Analyst Weigh In
UWM Holdings Corporation engages in the residential mortgage lending business in the United States. The company originates mortgage loans through wholesale channel. It originates primarily conforming and government loans. UWM Holdings Corporation was founded in 1986 and is headquartered in Pontiac, Michigan.
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