KBC Group NV cut its position in shares of Walker & Dunlop, Inc. (NYSE:WD) by 54.7% during the second quarter, according to its most recent filing with the SEC. The firm owned 22,241 shares of the financial services provider’s stock after selling 26,891 shares during the period. KBC Group NV owned approximately 0.07% of Walker & Dunlop worth $1,086,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. BNP Paribas Arbitrage SA boosted its stake in shares of Walker & Dunlop by 62.6% in the second quarter. BNP Paribas Arbitrage SA now owns 8,754 shares of the financial services provider’s stock worth $427,000 after buying an additional 3,370 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Walker & Dunlop by 10.7% in the second quarter. Legal & General Group Plc now owns 50,784 shares of the financial services provider’s stock worth $2,481,000 after buying an additional 4,915 shares during the last quarter. Alps Advisors Inc. boosted its stake 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 worth $570,000 after buying an additional 30 shares during the last quarter. Catalyst Capital Advisors LLC purchased a new stake in shares of Walker & Dunlop during the second quarter worth about $1,030,000. Finally, First Trust Advisors LP purchased a new stake in shares of Walker & Dunlop during the second quarter worth about $2,702,000. 77.21% of the stock is currently owned by institutional investors.

Walker & Dunlop, Inc. (WD) opened at 47.90 on Friday. The company has a market capitalization of $1.50 billion, a PE ratio of 10.59 and a beta of 1.39. Walker & Dunlop, Inc. has a 12-month low of $23.61 and a 12-month high of $53.43. The firm has a 50-day moving average of $48.49 and a 200 day moving average of $46.09.

Walker & Dunlop (NYSE:WD) last announced its quarterly earnings data on Wednesday, August 2nd. The financial services provider reported $1.08 EPS for the quarter, topping the consensus estimate of $1.06 by $0.02. The business had revenue of $166.40 million for the quarter, compared to analyst estimates of $167.51 million. Walker & Dunlop had a net margin of 21.91% and a return on equity of 22.86%. The company’s revenue for the quarter was up 12.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.05 earnings per share. Analysts forecast that Walker & Dunlop, Inc. will post $4.50 EPS for the current fiscal year.

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Several research firms have weighed in on WD. JMP Securities raised shares of Walker & Dunlop from a “market perform” rating to an “outperform” rating and set a $55.00 price target on the stock in a report on Thursday, August 3rd. Keefe, Bruyette & Woods set a $49.00 price target on shares of Walker & Dunlop and gave the company a “hold” rating in a report on Wednesday, August 2nd. BidaskClub cut shares of Walker & Dunlop from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Zacks Investment Research cut shares of Walker & Dunlop from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 18th. Finally, ValuEngine raised shares of Walker & Dunlop from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. Four investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. Walker & Dunlop presently has a consensus rating of “Buy” and a consensus price target of $47.00.

In related news, Director Dana L. Schmaltz acquired 1,000 shares of the stock in a transaction on Friday, August 11th. The shares were acquired at an average price of $46.05 per share, with a total value of $46,050.00. Following the completion of the transaction, the director now owns 46,983 shares in the company, valued at approximately $2,163,567.15. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Dana L. Schmaltz acquired 2,000 shares of the stock in a transaction on Wednesday, August 9th. The stock was bought at an average cost of $47.85 per share, for a total transaction of $95,700.00. Following 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. 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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