Analysts are on the Bearish side about Walter Investment Management Corp. (NYSE:WAC) this week.

January 14, 2018 - By Linda Rogers

 Analysts are on the Bearish side about Walter Investment Management Corp. (NYSE:WAC) this week.
Investors sentiment decreased to 0.22 in 2017 Q3. Its down 0.28, from 0.5 in 2017Q2. It fall, as 18 investors sold Walter Investment Management Corp. shares while 18 reduced holdings. 5 funds opened positions while 3 raised stakes. 14.39 million shares or 23.76% less from 18.87 million shares in 2017Q2 were reported.
Barclays Public Limited Co has invested 0% in Walter Investment Management Corp. (NYSE:WAC). Federated Investors Pa owns 29,853 shares or 0% of their US portfolio. Moreover, Arrowgrass Cap (Us) Lp has 0% invested in Walter Investment Management Corp. (NYSE:WAC) for 971,404 shares. Panagora Asset Mgmt, Massachusetts-based fund reported 894 shares. Bancshares Of Montreal Can, Ontario – Canada-based fund reported 20 shares. California-based Pacific Alternative Asset Lc has invested 0% in Walter Investment Management Corp. (NYSE:WAC). 1.10 million were reported by Centerbridge Lp. Blackrock Inc holds 0% or 626,353 shares in its portfolio. Prelude Capital Management Ltd Limited Liability Company owns 500 shares for 0% of their portfolio. National Bank & Trust Of New York Mellon Corp holds 41,027 shares or 0% of its portfolio. California Employees Retirement Systems invested 0% of its portfolio in Walter Investment Management Corp. (NYSE:WAC). Northern Tru owns 94,883 shares for 0% of their portfolio. D E Shaw holds 0% or 65,773 shares in its portfolio. 2,692 are held by Meeder Asset Mgmt. Birch Run Advsr Limited Partnership stated it has 7.47 million shares.

Walter Investment Management Corp. (NYSE:WAC) Ratings Coverage

Among 6 analysts covering Walter Investment Management Corp (NYSE:WAC), 0 have Buy rating, 3 Sell and 3 Hold. Therefore 0 are positive. Walter Investment Management Corp had 10 analyst reports since September 1, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the stock with “Sell” rating in Monday, May 29 report. The rating was downgraded by Zacks to “Hold” on Tuesday, September 1. The firm has “Market Perform” rating given on Monday, November 9 by Keefe Bruyette & Woods. The rating was maintained by FBR Capital with “Underperform” on Friday, November 6. The stock of Walter Investment Management Corp. (NYSE:WAC) earned “Hold” rating by Zacks on Tuesday, September 8. The firm has “Market Perform” rating given on Thursday, May 11 by Wells Fargo. Keefe Bruyette & Woods downgraded Walter Investment Management Corp. (NYSE:WAC) on Tuesday, December 13 to “Underperform” rating. The stock has “Underweight” rating by Barclays Capital on Wednesday, August 10. Credit Suisse maintained the stock with “Neutral” rating in Monday, March 7 report. Below is a list of Walter Investment Management Corp. (NYSE:WAC) latest ratings and price target changes.

The stock 0.46% or $0 during the last trading session, reaching $0.75. It is down 63.57% since January 14, 2017 and is downtrending. It has underperformed by 80.27% the S&P500.

Walter Investment Management Corp. operates as an independent servicer and originator of mortgage loans, and a servicer of reverse mortgage loans in the United States. The company has market cap of $28.03 million. It operates through three divisions: Servicing, Originations, and Reverse Mortgage. It currently has negative earnings. The Servicing segment performs services on behalf of third-party credit owners of mortgage loans, as well as its mortgage loan portfolio; and subservicing for third-party owners of mortgage servicing rights.

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