Walter Investment Management Corp. (NYSE:WAC)’s share price traded up 4% on Tuesday . The company traded as high as $3.69 and last traded at $3.63, with a volume of 371,356 shares traded. The stock had previously closed at $3.49.

A number of equities analysts have recently weighed in on the company. Compass Point lowered their target price on Walter Investment Management Corp. from $6.00 to $2.50 and set a “sell” rating on the stock in a research report on Wednesday, May 4th. Zacks Investment Research raised Walter Investment Management Corp. from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 3rd. FBR & Co lowered their target price on Walter Investment Management Corp. from $7.00 to $3.00 and set an “underperform” rating on the stock in a research report on Wednesday, May 4th. Barclays PLC lowered their target price on Walter Investment Management Corp. from $5.00 to $2.00 and set an “underweight” rating on the stock in a research report on Wednesday, August 10th. Finally, Wunderlich raised Walter Investment Management Corp. from a “hold” rating to a “buy” rating in a research report on Friday, August 5th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $5.30.

The company’s 50 day moving average price is $2.91 and its 200-day moving average price is $5.48. The company’s market capitalization is $122.89 million.

Walter Investment Management Corp. (NYSE:WAC) last posted its quarterly earnings results on Tuesday, August 9th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.04. The company had revenue of $187.50 million for the quarter, compared to the consensus estimate of $284.14 million. During the same quarter in the previous year, the business earned $0.65 earnings per share. Walter Investment Management Corp.’s revenue was down 54.5% compared to the same quarter last year. On average, equities research analysts anticipate that Walter Investment Management Corp. will post ($0.46) earnings per share for the current fiscal year.

An institutional investor recently raised its position in Walter Investment Management Corp. stock. Bank of Montreal Can raised its position in Walter Investment Management Corp. (NYSE:WAC) by 0.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,247 shares of the company’s stock after buying an additional 347 shares during the period. Bank of Montreal Can owned 0.20% of Walter Investment Management Corp. worth $1,099,000 as of its most recent filing with the SEC.

Walter Investment Management Corp. is a diversified mortgage banking firm focused primarily on the servicing and origination of residential loans, including reverse loans. The Company operates through three segments: Servicing, Originations and Reverse Mortgage. The Servicing segment consists of operations that perform servicing for third-party credit owners of mortgage loans, as well as its own mortgage loan portfolio.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.