Walter Investment Management Corp. (WAC) Forms $0.61 Double Bottom; Silgan Holdings (SLGN) Shorts Decreased By 8.31%

Walter Investment Management Corp. (WAC) formed double bottom with $0.59 target or 3.00% below today’s $0.61 share price. Walter Investment Management Corp. (WAC) has $22.70 million valuation. The stock decreased 6.98% or $0.0456 during the last trading session, reaching $0.6075. About 294,951 shares traded. Walter Investment Management Corp. (NYSE:WAC) has declined 63.57% since February 4, 2017 and is downtrending. It has underperformed by 80.27% the S&P500.

Silgan Holdings Incorporated (NASDAQ:SLGN) had a decrease of 8.31% in short interest. SLGN’s SI was 1.46M shares in February as released by FINRA. Its down 8.31% from 1.60M shares previously. With 256,100 avg volume, 6 days are for Silgan Holdings Incorporated (NASDAQ:SLGN)’s short sellers to cover SLGN’s short positions. The SI to Silgan Holdings Incorporated’s float is 3.97%. The stock decreased 1.14% or $0.34 during the last trading session, reaching $29.46. About 517,813 shares traded or 11.89% up from the average. Silgan Holdings Inc. (NASDAQ:SLGN) has risen 26.81% since February 4, 2017 and is uptrending. It has outperformed by 10.11% the S&P500.

Since August 14, 2017, it had 0 insider buys, and 3 sales for $597,356 activity. 10,506 shares valued at $323,335 were sold by Snyder Thomas James on Monday, August 14. The insider Andreacchi Anthony P sold $66,155. LEWIS ROBERT B sold $207,866 worth of stock.

Silgan Holdings Inc., together with its subsidiaries, makes and sells rigid packaging for shelf-stable food and other consumer goods products worldwide. The company has market cap of $3.25 billion. It operates through three divisions: Metal Containers, Closures, and Plastic Containers. It has a 22.59 P/E ratio. The Metal Containers segment makes and sells steel and aluminum containers for food products, such as soups, vegetables, fruits, meat, tomato based products, seafood, coffee, adult nutritional drinks, pet food, and other miscellaneous food products, as well as general line metal containers primarily for chemicals.

Investors sentiment decreased to 1.32 in 2017 Q3. Its down 3.80, from 5.12 in 2017Q2. It fall, as 18 investors sold Silgan Holdings Inc. shares while 61 reduced holdings. 42 funds opened positions while 62 raised stakes. 70.73 million shares or 50.73% less from 143.55 million shares in 2017Q2 were reported. The Illinois-based Ubs Oconnor Limited Liability has invested 0.26% in Silgan Holdings Inc. (NASDAQ:SLGN). Pub Sector Pension Investment Board reported 32,330 shares or 0% of all its holdings. 80,775 were accumulated by Magnetar Fincl Limited Liability. Zebra Capital Management invested 0.13% of its portfolio in Silgan Holdings Inc. (NASDAQ:SLGN). Ftb Advisors Inc holds 0% of its portfolio in Silgan Holdings Inc. (NASDAQ:SLGN) for 470 shares. Oppenheimer owns 14,000 shares. Voya Management Limited Liability Company accumulated 28,326 shares. M&T Bancorporation Corporation reported 0% in Silgan Holdings Inc. (NASDAQ:SLGN). Victory Cap Mngmt Incorporated holds 7,638 shares. Laurion Capital Lp reported 0.01% in Silgan Holdings Inc. (NASDAQ:SLGN). Advantus Capital Mngmt reported 9,345 shares. Jacobs Levy Equity Management Incorporated owns 0.3% invested in Silgan Holdings Inc. (NASDAQ:SLGN) for 526,740 shares. Geode Capital Mgmt Ltd Liability has invested 0.01% in Silgan Holdings Inc. (NASDAQ:SLGN). Clearbridge Investments Limited Liability accumulated 1,042 shares or 0% of the stock. Products Prns Limited Company accumulated 175,041 shares.

Among 13 analysts covering Silgan Holdings Inc. (NASDAQ:SLGN), 2 have Buy rating, 6 Sell and 5 Hold. Therefore 15% are positive. Silgan Holdings Inc. had 37 analyst reports since September 15, 2015 according to SRatingsIntel. The rating was downgraded by JP Morgan on Wednesday, January 17 to “Underweight”. The firm earned “Neutral” rating on Tuesday, September 13 by JP Morgan. The company was downgraded on Friday, December 8 by KeyBanc Capital Markets. BMO Capital Markets maintained Silgan Holdings Inc. (NASDAQ:SLGN) on Tuesday, October 17 with “Buy” rating. The stock has “Buy” rating by BMO Capital Markets on Friday, June 2. The rating was downgraded by Bank of America to “Underperform” on Tuesday, January 2. Goldman Sachs initiated it with “Neutral” rating and $53 target in Thursday, May 12 report. Barclays Capital maintained Silgan Holdings Inc. (NASDAQ:SLGN) on Monday, October 26 with “Equal Weight” rating. The stock of Silgan Holdings Inc. (NASDAQ:SLGN) earned “Neutral” rating by Bank of America on Thursday, July 27. As per Tuesday, January 24, the company rating was upgraded by BMO Capital Markets.

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 681.89% above currents $0.6075 stock price. Walter Investment Management Corp had 10 analyst reports since September 1, 2015 according to SRatingsIntel. The stock of Walter Investment Management Corp. (NYSE:WAC) earned “Underperform” rating by FBR Capital on Friday, November 6. The company was upgraded on Monday, November 9 by Keefe Bruyette & Woods. The firm earned “Sell” rating on Monday, May 29 by Keefe Bruyette & Woods. Zacks upgraded the shares of WAC in report on Tuesday, September 8 to “Hold” rating. The rating was maintained by Barclays Capital with “Underweight” on Wednesday, August 10. The stock of Walter Investment Management Corp. (NYSE:WAC) earned “Neutral” rating by Credit Suisse on Monday, March 7. As per Tuesday, September 1, the company rating was downgraded by Zacks. The stock of Walter Investment Management Corp. (NYSE:WAC) earned “Underperform” rating by Keefe Bruyette & Woods on Tuesday, December 13. As per Thursday, May 11, the company rating was upgraded by Wells Fargo.

Investors sentiment decreased to 0.22 in Q3 2017. 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. Citigroup reported 0% of its portfolio in Walter Investment Management Corp. (NYSE:WAC). Bancorp Of Montreal Can has invested 0% in Walter Investment Management Corp. (NYSE:WAC). 221,049 are held by First Pacific Advsr Limited Liability Company. Moreover, Highland Capital Mngmt Limited Partnership has 0.01% invested in Walter Investment Management Corp. (NYSE:WAC) for 550,000 shares. Bnp Paribas Arbitrage Sa accumulated 0% or 1,603 shares. Pennsylvania-based Federated Invsts Pa has invested 0% in Walter Investment Management Corp. (NYSE:WAC). 45,137 were reported by Parametric Portfolio Ltd. Edge Wealth Mgmt Limited Com accumulated 0.01% or 66,940 shares. Panagora Asset accumulated 894 shares. Weiss Multi accumulated 735,000 shares. Deutsche Bank Ag has invested 0% of its portfolio in Walter Investment Management Corp. (NYSE:WAC). Bancshares Of Ny Mellon invested in 0% or 41,027 shares. Comml Bank Of America De holds 0% of its portfolio in Walter Investment Management Corp. (NYSE:WAC) for 201 shares. Geode Capital Mngmt Limited Liability reported 0% stake. Prelude Capital Mngmt Limited Company has 0% invested in Walter Investment Management Corp. (NYSE:WAC).