AlphaQuest LLC Sells 8,907 Shares of Walker & Dunlop, Inc. $WD

AlphaQuest LLC lessened its position in shares of Walker & Dunlop, Inc. (NYSE:WD) by 71.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,474 shares of the financial services provider’s stock after selling 8,907 shares during the period. AlphaQuest LLC’s holdings in Walker & Dunlop were worth $290,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Allworth Financial LP lifted its holdings in Walker & Dunlop by 115.8% during the 2nd quarter. Allworth Financial LP now owns 479 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 257 shares during the last quarter. GAMMA Investing LLC increased its position in Walker & Dunlop by 65.7% during the 3rd quarter. GAMMA Investing LLC now owns 479 shares of the financial services provider’s stock worth $40,000 after buying an additional 190 shares during the period. Strs Ohio acquired a new stake in shares of Walker & Dunlop during the first quarter worth $51,000. CWM LLC boosted its position in shares of Walker & Dunlop by 261.6% in the third quarter. CWM LLC now owns 1,338 shares of the financial services provider’s stock valued at $112,000 after acquiring an additional 968 shares during the period. Finally, Vanguard Personalized Indexing Management LLC grew its stake in shares of Walker & Dunlop by 18.8% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 2,905 shares of the financial services provider’s stock valued at $205,000 after acquiring an additional 459 shares in the last quarter. Institutional investors and hedge funds own 80.97% of the company’s stock.

Walker & Dunlop Stock Performance

NYSE:WD opened at $62.73 on Tuesday. Walker & Dunlop, Inc. has a fifty-two week low of $58.60 and a fifty-two week high of $94.96. The company has a 50 day simple moving average of $62.67 and a two-hundred day simple moving average of $73.35. The company has a market capitalization of $2.14 billion, a PE ratio of 18.61 and a beta of 1.55.

Analysts Set New Price Targets

WD has been the topic of a number of recent research reports. Citigroup reaffirmed a “market outperform” rating on shares of Walker & Dunlop in a research report on Friday, December 5th. Jefferies Financial Group initiated coverage on shares of Walker & Dunlop in a research report on Friday, December 19th. They issued a “buy” rating and a $75.00 price target for the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Walker & Dunlop in a research note on Monday, December 29th. Wall Street Zen downgraded Walker & Dunlop from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Finally, Keefe, Bruyette & Woods reduced their price target on shares of Walker & Dunlop from $82.00 to $80.00 and set an “outperform” rating on the stock in a research note on Thursday, January 8th. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $87.00.

About Walker & Dunlop

Walker & Dunlop is one of the largest providers of commercial real estate finance in the United States, specializing in the origination, servicing and sale of loans secured by multifamily, seniors housing, healthcare, student housing and manufactured housing properties. The firm offers a full suite of debt and equity solutions, including agency financing through Fannie Mae and Freddie Mac, HUD and FHA-insured loans, bridge and construction financing, mezzanine debt, preferred equity, and investment sales advisory.

With roots dating back to 1937 and its headquarters in Bethesda, Maryland, Walker & Dunlop has expanded its platform through both organic growth and strategic acquisitions.