Walker & Dunlop (NYSE:WD) was upgraded by equities research analysts at Keefe, Bruyette & Woods from a “market perform” rating to an “outperform” rating in a report issued on Friday, The Fly reports. The analysts noted that the move was a valuation call.

A number of other research analysts have also recently weighed in on the company. ValuEngine cut Walker & Dunlop from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st. Zacks Investment Research cut Walker & Dunlop from a “hold” rating to a “strong sell” rating in a report on Thursday, October 19th. Finally, TheStreet cut Walker & Dunlop from a “b-” rating to a “c+” rating in a report on Monday, December 4th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $55.50.

Shares of Walker & Dunlop (NYSE:WD) traded down $0.03 on Friday, hitting $46.10. The company had a trading volume of 140,500 shares, compared to its average volume of 152,233. The company has a debt-to-equity ratio of 4.84, a current ratio of 12.88 and a quick ratio of 12.88. Walker & Dunlop has a 52-week low of $29.93 and a 52-week high of $56.46. The stock has a market capitalization of $1,470.00, a PE ratio of 9.98 and a beta of 1.37.

Walker & Dunlop (NYSE:WD) last issued its quarterly earnings results on Wednesday, November 8th. The financial services provider reported $1.06 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.09. Walker & Dunlop had a return on equity of 22.35% and a net margin of 21.81%. The firm had revenue of $179.70 million during the quarter, compared to analysts’ expectations of $166.38 million. During the same period in the previous year, the business earned $0.96 earnings per share. The firm’s revenue for the quarter was up 16.1% on a year-over-year basis. sell-side analysts predict that Walker & Dunlop will post 4.49 EPS for the current year.

In other news, Director Dana L. Schmaltz acquired 1,000 shares of the stock in a transaction that occurred on Friday, November 10th. The stock was purchased at an average cost of $48.55 per share, with a total value of $48,550.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO William M. Walker sold 38,663 shares of the business’s stock in a transaction dated Tuesday, December 19th. The shares were sold at an average price of $47.74, for a total value of $1,845,771.62. Following the completion of the sale, the chief executive officer now directly owns 1,435,666 shares of the company’s stock, valued at $68,538,694.84. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 136,791 shares of company stock worth $6,738,013. Corporate insiders own 11.70% of the company’s stock.

A number of institutional investors have recently made changes to their positions in WD. Pinebridge Investments L.P. increased its holdings in shares of Walker & Dunlop by 1.6% during the 2nd quarter. Pinebridge Investments L.P. now owns 18,195 shares of the financial services provider’s stock valued at $889,000 after purchasing an additional 294 shares in the last quarter. LS Investment Advisors LLC raised its holdings in Walker & Dunlop by 29.0% in the 3rd quarter. LS Investment Advisors LLC now owns 4,084 shares of the financial services provider’s stock valued at $214,000 after acquiring an additional 919 shares in the last quarter. Meeder Asset Management Inc. raised its holdings in Walker & Dunlop by 38.8% in the 3rd quarter. Meeder Asset Management Inc. now owns 3,648 shares of the financial services provider’s stock valued at $191,000 after acquiring an additional 1,019 shares in the last quarter. Riverhead Capital Management LLC raised its holdings in shares of Walker & Dunlop by 68.6% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,698 shares of the financial services provider’s stock worth $132,000 after buying an additional 1,098 shares in the last quarter. Finally, Thrivent Financial For Lutherans raised its holdings in shares of Walker & Dunlop by 7.6% in the 2nd quarter. Thrivent Financial For Lutherans now owns 16,910 shares of the financial services provider’s stock worth $826,000 after buying an additional 1,200 shares in the last quarter. 77.47% of the stock is owned by hedge funds and other institutional investors.

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Walker & Dunlop Company Profile

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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