Walter Investment Management Corp (NYSE:WAC) Q4 2017 Sentiment

April 18, 2018 - By Henry Gaston

Sentiment for Walter Investment Management Corp (NYSE:WAC)

Walter Investment Management Corp (NYSE:WAC) institutional sentiment increased to 0.41 in Q4 2017. Its up 0.19, from 0.22 in 2017Q3. The ratio is positive, as 9 institutional investors increased or opened new holdings, while 22 sold and trimmed stakes in Walter Investment Management Corp. The institutional investors in our partner’s database now own: 12.76 million shares, down from 14.39 million shares in 2017Q3. Also, the number of institutional investors holding Walter Investment Management Corp in their top 10 holdings increased from 0 to 1 for an increase of 1. Sold All: 11 Reduced: 11 Increased: 2 New Position: 7.

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 $22.42 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.

The stock decreased 11.60% or $0.08 during the last trading session, reaching $0.6. About 641,696 shares traded or 25.36% up from the average. Ditech Holding Corporation (NYSE:WAC) has 0.00% since April 18, 2017 and is . It has underperformed by 11.55% the S&P500.

Birch Run Capital Advisors Lp holds 2.28% of its portfolio in Ditech Holding Corporation for 7.47 million shares. Centerbridge Partners L.P. owns 1.10 million shares or 0.1% of their US portfolio. Moreover, Phoenix Investment Adviser Llc has 0.08% invested in the company for 100,000 shares. The Texas-based Highland Capital Management Lp has invested 0.02% in the stock. Weiss Multi, a Alabama-based fund reported 735,000 shares.#img1#

Since January 1, 0001, it had 1 insider purchase, and 5 insider sales for $1.36 million activity.

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