Shares of Walker & Dunlop, Inc. (NYSE:WD) have received a consensus rating of “Hold” from the seven brokerages that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $44.00.

Several equities research analysts have issued reports on WD shares. Zacks Investment Research downgraded shares of Walker & Dunlop from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 18th. BidaskClub downgraded shares of Walker & Dunlop from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 19th. Keefe, Bruyette & Woods set a $49.00 price objective on shares of Walker & Dunlop and gave the stock a “hold” rating in a research report on Wednesday, August 2nd. Finally, JMP Securities upgraded shares of Walker & Dunlop from a “market perform” rating to an “outperform” rating and set a $55.00 price objective for the company in a research report on Thursday, August 3rd.

In other Walker & Dunlop news, Director Dana L. Schmaltz purchased 1,000 shares of the company’s stock in a transaction dated Friday, August 11th. The stock was bought at an average cost of $46.05 per share, for a total transaction of $46,050.00. Following the completion of the transaction, the director now owns 46,983 shares in the company, valued at $2,163,567.15. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Dana L. Schmaltz purchased 2,000 shares of the company’s stock in a transaction dated Wednesday, August 9th. The stock was acquired at an average price of $47.85 per share, with a total value of $95,700.00. Following the completion of the transaction, the director now owns 44,983 shares of the company’s stock, valued at approximately $2,152,436.55. The disclosure for this purchase can be found here. Over the last quarter, insiders bought 4,000 shares of company stock valued at $186,850. 11.70% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Alps Advisors Inc. raised its position in shares of Walker & Dunlop by 0.3% in the second quarter. Alps Advisors Inc. now owns 11,679 shares of the financial services provider’s stock valued at $570,000 after buying an additional 30 shares in the last quarter. LS Investment Advisors LLC raised its position in shares of Walker & Dunlop by 1.5% in the second quarter. LS Investment Advisors LLC now owns 3,165 shares of the financial services provider’s stock valued at $155,000 after buying an additional 47 shares in the last quarter. Louisiana State Employees Retirement System raised its position in shares of Walker & Dunlop by 1.8% in the second quarter. Louisiana State Employees Retirement System now owns 11,500 shares of the financial services provider’s stock valued at $562,000 after buying an additional 200 shares in the last quarter. Arizona State Retirement System raised its position in shares of Walker & Dunlop by 1.4% in the second quarter. Arizona State Retirement System now owns 14,669 shares of the financial services provider’s stock valued at $716,000 after buying an additional 200 shares in the last quarter. Finally, Legal & General Group Plc raised its position in shares of Walker & Dunlop by 0.6% in the first quarter. Legal & General Group Plc now owns 45,869 shares of the financial services provider’s stock valued at $1,912,000 after buying an additional 252 shares in the last quarter. Institutional investors own 77.24% of the company’s stock.

Walker & Dunlop (NYSE:WD) last issued its quarterly earnings data on Wednesday, August 2nd. The financial services provider reported $1.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.06 by $0.02. The firm had revenue of $166.40 million during the quarter, compared to the consensus estimate of $167.51 million. Walker & Dunlop had a net margin of 21.91% and a return on equity of 22.86%. The business’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same period last year, the business posted $1.05 earnings per share.

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About Walker & Dunlop

Walker & Dunlop, Inc is a holding company, which conducts its operations through Walker & Dunlop, LLC. The Company provides commercial real estate financial products and services primarily to developers and owners of multifamily properties. The Company originates, sells and services a range of multifamily and other commercial real estate financing products, including Multifamily Finance, Federal Housing Administration (FHA) Finance, Capital Markets, and Proprietary Capital.

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