Walter Investment Management Corp. (NYSE:WAC)’s share price was up 7.7% during trading on Monday . The stock traded as high as $3.35 and last traded at $3.35, with a volume of 173,826 shares traded. The stock had previously closed at $3.11.

Several equities analysts have recently commented on WAC shares. Zacks Investment Research raised shares of Walter Investment Management Corp. from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 3rd. FBR & Co reduced their price target on shares of 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. Compass Point reduced their price target on shares of 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. Wunderlich raised shares of Walter Investment Management Corp. from a “hold” rating to a “buy” rating in a research report on Friday, August 5th. Finally, Barclays PLC reduced their price target on shares of 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. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. Walter Investment Management Corp. currently has a consensus rating of “Hold” and a consensus price target of $5.30.

The firm has a 50 day moving average of $2.98 and a 200-day moving average of $5.20. The firm’s market cap is $120.72 million.

Walter Investment Management Corp. (NYSE:WAC) last announced its earnings results on Tuesday, August 9th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.03 by $0.04. The firm earned $187.50 million during the quarter, compared to the consensus estimate of $284.14 million. The business’s revenue was down 54.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.65 EPS. Equities research analysts expect that Walter Investment Management Corp. will post ($0.46) EPS for the current year.

In related news, SVP Stuart Douglass Boyd sold 8,780 shares of Walter Investment Management Corp. stock in a transaction on Wednesday, August 24th. The shares were sold at an average price of $3.13, for a total value of $27,481.40. Following the transaction, the senior vice president now owns 30,569 shares in the company, valued at approximately $95,680.97. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

An institutional investor recently raised its position in Walter Investment Management Corp. stock. Bank of Montreal Can boosted its stake in Walter Investment Management Corp. (NYSE:WAC) by 0.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund 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 at the end of the most recent quarter.

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.

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