Walker & Dunlop, Inc. (NYSE:WD) Receives $87.00 Consensus PT from Analysts

Walker & Dunlop, Inc. (NYSE:WD) has received a consensus recommendation of “Moderate Buy” from the seven analysts that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $87.00.

Several research analysts have issued reports on WD shares. Citigroup reiterated a “market outperform” rating on shares of Walker & Dunlop in a report on Friday, December 5th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Walker & Dunlop in a research note on Monday, December 29th. Wall Street Zen downgraded shares of Walker & Dunlop from a “hold” rating to a “sell” rating in a research report on Saturday, November 8th. Keefe, Bruyette & Woods dropped 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 report on Thursday, January 8th. Finally, Jefferies Financial Group began coverage on Walker & Dunlop in a report on Friday, December 19th. They set a “buy” rating and a $75.00 price objective for the company.

Walker & Dunlop Trading Up 0.9%

NYSE:WD opened at $61.91 on Thursday. Walker & Dunlop has a 12 month low of $58.60 and a 12 month high of $90.00. The stock has a market capitalization of $2.11 billion, a price-to-earnings ratio of 18.37 and a beta of 1.55. The firm has a fifty day simple moving average of $62.52 and a two-hundred day simple moving average of $72.86.

Hedge Funds Weigh In On Walker & Dunlop

A number of hedge funds have recently bought and sold shares of the company. Squarepoint Ops LLC bought a new position in shares of Walker & Dunlop during the fourth quarter valued at about $8,526,000. Thornburg Investment Management Inc. grew its position in Walker & Dunlop by 0.3% in the 4th quarter. Thornburg Investment Management Inc. now owns 160,103 shares of the financial services provider’s stock worth $9,630,000 after purchasing an additional 462 shares in the last quarter. Verition Fund Management LLC increased its stake in Walker & Dunlop by 68.5% in the 4th quarter. Verition Fund Management LLC now owns 23,506 shares of the financial services provider’s stock valued at $1,414,000 after buying an additional 9,554 shares during the last quarter. MYDA Advisors LLC bought a new position in shares of Walker & Dunlop during the 4th quarter worth approximately $541,000. Finally, Mariner LLC increased its position in shares of Walker & Dunlop by 4.7% during the fourth quarter. Mariner LLC now owns 9,089 shares of the financial services provider’s stock valued at $547,000 after acquiring an additional 411 shares during the last quarter. 80.97% of the stock is owned by hedge funds and other institutional investors.

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.