SelfGrowth.comThe Self Improvement Guide
Article

Shaw Capital Working Management Tips: Walter Investment Management Corp. (WAC) Posts Large Volume Increase, Hits 0$18.53

Written by shawworking

Topic: InvestingPublished March 22, 2011
No ratings yet524 viewsSign in to rate
http://www.americanbankingnews.comrnFebruary 22nd, 2011rnby ABMN Staff Shares of Walter Investment Management Corp. (WAC) saw unusually high trading volume on Tuesday. Approximately 231,085 shares changed hands during mid-day trading, an increase of 91.30% from the previous session. The stock last traded at $18.53. On a related note, analysts at Zacks Investment Research upgraded shares of Walter Investment Management Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, February 1st. Walter Investment Management Corp. (Walter Investment) together with its subsidiaries, is a mortgage servicer and mortgage portfolio owner. The Company is engaged in providing subprime, non-conforming and other residential loans in the southeastern United States. At December 31, 2009, it had four wholly owned subsidiaries Hanover Capital Partners 2, Ltd., doing business as Hanover Capital, Walter Mortgage Company (WMC), Walter Investment Reinsurance Co., Ltd. (WIRC) and Best Insurors, Inc. (Best). The Company operates as an internally managed, publicly traded real estate investment trust (REIT). In November 2010, the Company purchased Marix Servicing LLC, which is focused on default management, borrower outreach, loss mitigation, liquidation strategies and component and specialty servicing. Shares of Walter Investment Management Corp. (WAC) traded down 2.88% during mid-day trading on Tuesday, hitting $18.53. Walter Investment Management Corp. has a 52 week low of $13.79 and a 52 week high of $19.70. The stock’s 50-day moving average is $18.46 and its 200-day moving average is $17.64. On average, analysts predict that Walter Investment Management Corp. will post $0.00 EPS next quarter. The company has a market cap of $477.4 million and a price-to-earnings ratio of 14.53. Stay on top of analysts’ coverage with American Banking & Market News’ daily email newsletter that provides a concise list of analysts’ upgrades, analysts’ downgrades and analysts’ price target changes for each day.

Article author

About the Author

Shaw Capital Management and Financing provides export trade financing to clients in every major world market and can convert accounts receivable finance transactions in 17 currencies. We have no minimum or maximum monthly volume requirements. Other factoring companies require a financial commitment for the amount of freight bills you factor each month. Our highly skilled team provides full administrative support - including credit management, invoicing, collections, account reporting, expense reporting, fuel card management and much more! With Shaw Capital Management and Financing, you get paid in full minus our fee the day we receive your freight bills. Other factoring companies holdback 10 to 15 percent of your money or more for each invoice in a reserve account. That reserve amount is not immediately provided to your company. In the end, you receive part of that percentage back, depending on how long it takes the factoring company to receive payment on the invoice.

Further reading

Further Reading

3 total

Article

What Affects Truckload Shipping Costs?

Truckload shipping is a cornerstone of modern supply chains, responsible for moving goods efficiently across regional, national, and international networks. For businesses that rely on timely deliveries, understanding what influences truckload shipping costs is essential for optimizing logistics budgets and maintaining operational efficiency. Costs associated with truckload shipping can vary widely depending on several factors, from cargo type to route optimization. By analyz

January 7, 2026

Article

Sun-Powered Sales: Transform Your Solar Business with Strategic Appointment Setting

The Solar Shift: From Awareness to Action The solar industry has seen exponential growth over the past decade. As more homeowners and businesses seek clean energy alternatives, the demand for solar panels and installation services has surged. However, while the technology and benefits of solar are widely acknowledged, the real challenge lies in converting interest into action. This is where strategic appointment setting comes into play. It's not just about reaching potential

July 21, 2025

Article

Work-from-Home BPO Trends in Pakistan: The New Normal for Customer Support Services

The global shift towards remote work has significantly reshaped industries across the globe, and the Business Process Outsourcing (BPO) sector in Pakistan is no exception. As companies adapt to a post-pandemic world, the work-from-home model has become an integral part of BPO operations, introducing new trends that are shaping the future of customer support services in the country. Why the Shift to Work-from-Home BPOs? The COVID-19 pandemic served as a catalyst for remote wor

January 14, 2025