Great West Life Assurance Co. Can raised its stake in Walker & Dunlop, Inc. (NYSE:WD) by 3.7% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 40,393 shares of the financial services provider’s stock after buying an additional 1,430 shares during the period. Great West Life Assurance Co. Can owned approximately 0.13% of Walker & Dunlop worth $1,972,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. State of Alaska Department of Revenue boosted its position in shares of Walker & Dunlop by 2.0% in the first quarter. State of Alaska Department of Revenue now owns 3,060 shares of the financial services provider’s stock valued at $127,000 after buying an additional 60 shares in the last quarter. Meeder Asset Management Inc. boosted its position in shares of Walker & Dunlop by 226.2% in the second quarter. Meeder Asset Management Inc. now owns 2,629 shares of the financial services provider’s stock valued at $128,000 after buying an additional 1,823 shares in the last quarter. LS Investment Advisors LLC boosted its position in shares of Walker & Dunlop by 230.6% in the first quarter. LS Investment Advisors LLC now owns 3,118 shares of the financial services provider’s stock valued at $130,000 after buying an additional 2,175 shares in the last quarter. Cypress Capital Management LLC WY boosted its position in shares of Walker & Dunlop by 72.8% in the second quarter. Cypress Capital Management LLC WY now owns 2,730 shares of the financial services provider’s stock valued at $133,000 after buying an additional 1,150 shares in the last quarter. Finally, GW&K Investment Management LLC purchased a new position in shares of Walker & Dunlop during the second quarter valued at $203,000. 78.71% of the stock is owned by institutional investors.

Walker & Dunlop, Inc. (NYSE WD) opened at 46.96 on Friday. The company’s 50-day moving average price is $49.18 and its 200 day moving average price is $45.70. Walker & Dunlop, Inc. has a 52 week low of $23.61 and a 52 week high of $53.43. The company has a market cap of $1.47 billion, a PE ratio of 10.38 and a beta of 1.39.

Walker & Dunlop (NYSE:WD) last issued its quarterly earnings results on Wednesday, August 2nd. The financial services provider reported $1.08 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.06 by $0.02. Walker & Dunlop had a return on equity of 22.86% and a net margin of 21.91%. The firm had revenue of $166.40 million during the quarter, compared to the consensus estimate of $167.51 million. During the same period last year, the business posted $1.05 EPS. The business’s revenue was up 12.5% compared to the same quarter last year. On average, analysts anticipate that Walker & Dunlop, Inc. will post $4.50 EPS for the current year.

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Several brokerages recently weighed in on WD. JMP Securities raised Walker & Dunlop from a “market perform” rating to an “outperform” rating and set a $55.00 target price for the company in a research note on Thursday, August 3rd. Keefe, Bruyette & Woods set a $49.00 target price on Walker & Dunlop and gave the company a “hold” rating in a research note on Wednesday, August 2nd. ValuEngine raised Walker & Dunlop from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 2nd. BidaskClub cut Walker & Dunlop from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Finally, Zacks Investment Research raised Walker & Dunlop from a “hold” rating to a “strong-buy” rating and set a $56.00 target price for the company in a research note on Saturday, May 6th. Four analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. Walker & Dunlop has an average rating of “Buy” and a consensus target price of $47.00.

In other news, Director Dana L. Schmaltz bought 1,000 shares of Walker & Dunlop 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 purchase, the director now directly owns 46,983 shares in the company, valued at approximately $2,163,567.15. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dana L. Schmaltz bought 2,000 shares of Walker & Dunlop stock in a transaction dated Wednesday, August 9th. The stock was purchased at an average price of $47.85 per share, with a total value of $95,700.00. Following the completion of the purchase, the director now owns 44,983 shares in the company, valued at $2,152,436.55. The disclosure for this purchase can be found here. Company insiders own 11.70% of the company’s stock.

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.

Institutional Ownership by Quarter for Walker & Dunlop (NYSE:WD)

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