Monteverde & Associates Investigates Two Harbors Sale to UWM Holdings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5d ago
0mins
Source: PRnewswire
- Shareholder Rights Protection: Monteverde & Associates is investigating the transaction between Two Harbors Investment Corp. and UWM Holdings Corporation, where shareholders are set to receive 2.3328 shares of UWM Class A common stock for each share of Two Harbors common stock, aiming to ensure fair value for shareholders.
- Legal Service Reputation: The firm has been recognized as a Top 50 firm in the 2024 ISS Securities Class Action Services Report, highlighting its successful track record in shareholder rights protection and enhancing its competitive position in the legal market.
- No-Risk Consultation: Monteverde & Associates offers free legal consultations, encouraging Two Harbors shareholders to obtain more information without any cost or obligation, thereby increasing client trust and potential engagement.
- Headquarters Advantage: Located in the Empire State Building in New York, the firm leverages its geographical position and industry resources to enhance its legal service capabilities nationwide, further solidifying its leadership in the securities class action field.
TWO
$11.04+Infinity%1D
Analyst Views on TWO
Wall Street analysts forecast TWO stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TWO is 10.92 USD with a low forecast of 10.00 USD and a high forecast of 12.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
3 Buy
3 Hold
0 Sell
Moderate Buy
Current: 11.450
Low
10.00
Averages
10.92
High
12.50
Current: 11.450
Low
10.00
Averages
10.92
High
12.50
About TWO
Two Harbors Investment Corp. is a real estate investment trust (REIT) that invests in mortgage servicing rights (MSR), residential mortgage-backed securities and other financial assets. The Company, through its operational platform, RoundPoint Mortgage Servicing LLC, is a servicer of conventional loans. The Company, through its subsidiary, TH MSR Holdings LLC, holds the requisite approvals from Fannie Mae and Freddie Mac to own and manage MSR. Its Agency residential mortgage-backed securities portfolio is comprised of fixed rate mortgage-backed securities backed by single-family and multi-family mortgage loans. Its other assets may include financial and mortgage-related assets other than its target assets, including non-Agency securities (securities that are not issued or guaranteed by Ginnie Mae, Fannie Mae or Freddie Mac), other Agency securities and certain non-hedging transactions that may produce non-qualifying income for purposes of REIT gross income tests.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
