Walter Investment Management Corp. (WAC) Forms $0.60 Double Bottom; LAURENTIAN BANK CANADA QU (LRCDF) Shorts Down By 1%

LAURENTIAN BANK CANADA QU (OTCMKTS:LRCDF) had a decrease of 1% in short interest. LRCDF’s SI was 308,300 shares in February as released by FINRA. Its down 1% from 311,400 shares previously. With 200 avg volume, 1542 days are for LAURENTIAN BANK CANADA QU (OTCMKTS:LRCDF)’s short sellers to cover LRCDF’s short positions. It closed at $41.4534 lastly. It is down 0.00% since February 10, 2017 and is . It has underperformed by 16.70% the S&P500.

Walter Investment Management Corp. (WAC) formed double bottom with $0.55 target or 9.00% below today’s $0.60 share price. Walter Investment Management Corp. (WAC) has $22.42 million valuation. The stock decreased 10.10% or $0.07 during the last trading session, reaching $0.6. About 641,696 shares traded. Walter Investment Management Corp. (NYSE:WAC) has declined 63.57% since February 10, 2017 and is downtrending. It has underperformed by 80.27% the S&P500.

Investors sentiment decreased to 0.22 in 2017 Q3. Its down 0.28, from 0.5 in 2017Q2. It is negative, 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. Centerbridge Prtnrs Lp holds 0.08% of its portfolio in Walter Investment Management Corp. (NYSE:WAC) for 1.10 million shares. Geode Cap Lc reported 213,188 shares. Federated Inc Pa invested in 29,853 shares. D E Shaw & Company stated it has 0% of its portfolio in Walter Investment Management Corp. (NYSE:WAC). Barclays Public Ltd Liability Co reported 81 shares stake. Moreover, Susquehanna Group Llp has 0% invested in Walter Investment Management Corp. (NYSE:WAC). Arrowgrass Cap Partners (Us) Ltd Partnership reported 971,404 shares stake. Deutsche Bancorp Ag holds 2,657 shares or 0% of its portfolio. 41,027 were reported by Bancorp Of Mellon Corporation. Bancorp Of Montreal Can owns 20 shares or 0% of their US portfolio. The Ohio-based Meeder Asset Inc has invested 0% in Walter Investment Management Corp. (NYSE:WAC). Birch Run Cap Advsrs Lp invested in 7.47 million shares. Morgan Stanley holds 0% of its portfolio in Walter Investment Management Corp. (NYSE:WAC) for 12,031 shares. The Georgia-based Invesco Ltd has invested 0% in Walter Investment Management Corp. (NYSE:WAC). Weiss Multi invested 0.02% in Walter Investment Management Corp. (NYSE:WAC).

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 has $10 highest and $100 lowest target. $4.75’s average target is 691.67% above currents $0.6 stock price. Walter Investment Management Corp had 10 analyst reports since September 1, 2015 according to SRatingsIntel. The rating was upgraded by Wells Fargo on Thursday, May 11 to “Market Perform”. Credit Suisse maintained Walter Investment Management Corp. (NYSE:WAC) rating on Monday, March 7. Credit Suisse has “Neutral” rating and $9 target. Barclays Capital maintained Walter Investment Management Corp. (NYSE:WAC) on Wednesday, August 10 with “Underweight” rating. The firm has “Hold” rating by Zacks given on Tuesday, September 1. The stock has “Market Perform” rating by Keefe Bruyette & Woods on Monday, November 9. The rating was maintained by FBR Capital on Friday, November 6 with “Underperform”. Keefe Bruyette & Woods downgraded the stock to “Underperform” rating in Tuesday, December 13 report. The rating was upgraded by Zacks on Tuesday, September 8 to “Hold”. Keefe Bruyette & Woods maintained Walter Investment Management Corp. (NYSE:WAC) rating on Monday, May 29. Keefe Bruyette & Woods has “Sell” rating and $100 target.

Laurentian Bank of Canada, together with its subsidiaries, provides banking services to individuals, small and medium-sized enterprises, and independent advisors in Canada. The company has market cap of $1.67 billion. The firm offers transactional products and current accounts, term deposits, and investment accounts; personal line of credit, personal loans, student loans, and RRSP loans; financing for agriculture, real estate, and commercial industries, as well as small and medium-sized enterprises; mortgage solutions, such as variable-rate mortgage, fixed-rate mortgage, equity line of credit, mortgage insurance, and retirement line of credit; and credit and business cards, as well as equipment finance and leasing solutions. It has a 9.6 P/E ratio. It also provides investment products, including fixed-rate investments, indexed investments, mutual funds, systematic savings plans, retirement projection plans, registered plans, bank securities, deposit-insurance, and power-of-attorneys; short-term and long-term investment solutions; and guaranteed investment certificates, as well as offers credit insurance products.