Walter Investment Management Corp (NYSE:WAC) was down 8.1% during trading on Tuesday . The company traded as low as $0.76 and last traded at $0.79. Approximately 621,237 shares traded hands during trading, a decline of 19% from the average daily volume of 763,531 shares. The stock had previously closed at $0.86.

The company has a current ratio of 12.88, a quick ratio of 12.88 and a debt-to-equity ratio of -57.71. The company has a market capitalization of $32.14, a PE ratio of -0.12 and a beta of 0.72.

Large investors have recently bought and sold shares of the company. Alta Fundamental Advisers LLC acquired a new stake in Walter Investment Management in the 2nd quarter worth about $237,000. Goldman Sachs Group Inc. boosted its holdings in Walter Investment Management by 1,383.6% in the 2nd quarter. Goldman Sachs Group Inc. now owns 241,879 shares of the financial services provider’s stock worth $229,000 after buying an additional 225,576 shares during the last quarter. CQS Cayman LP acquired a new stake in Walter Investment Management in the 2nd quarter worth about $189,000. Virtu KCG Holdings LLC boosted its holdings in Walter Investment Management by 624.6% in the 2nd quarter. Virtu KCG Holdings LLC now owns 237,678 shares of the financial services provider’s stock worth $225,000 after buying an additional 204,878 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new stake in Walter Investment Management in the 2nd quarter worth about $252,000. Hedge funds and other institutional investors own 39.56% of the company’s stock.

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Walter Investment Management Company Profile

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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