Walker & Dunlop, Inc. (NYSE:WD) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Walker & Dunlop, Inc. (NYSE:WD) have been assigned a consensus recommendation of “Moderate Buy” from the seven research firms that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $87.00.

WD has been the subject of several recent analyst reports. Keefe, Bruyette & Woods cut their target price on shares of Walker & Dunlop from $82.00 to $80.00 and set an “outperform” rating for the company in a research note on Thursday, January 8th. Citigroup reaffirmed a “market outperform” rating on shares of Walker & Dunlop in a research report on Friday, December 5th. Wall Street Zen downgraded Walker & Dunlop from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. Weiss Ratings reissued a “hold (c-)” rating on shares of Walker & Dunlop in a report on Monday, December 29th. Finally, Jefferies Financial Group assumed coverage on Walker & Dunlop in a report on Friday, December 19th. They set a “buy” rating and a $75.00 price target for the company.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Royal Bank of Canada lifted its position in Walker & Dunlop by 41.4% during the first quarter. Royal Bank of Canada now owns 8,196 shares of the financial services provider’s stock worth $699,000 after acquiring an additional 2,399 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of Walker & Dunlop by 17.5% during the first quarter. AQR Capital Management LLC now owns 3,702 shares of the financial services provider’s stock worth $316,000 after purchasing an additional 552 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Walker & Dunlop by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,115 shares of the financial services provider’s stock worth $1,632,000 after purchasing an additional 823 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Walker & Dunlop by 7.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 107,730 shares of the financial services provider’s stock valued at $9,196,000 after purchasing an additional 7,470 shares during the period. Finally, Jane Street Group LLC grew its holdings in Walker & Dunlop by 1,136.3% in the 1st quarter. Jane Street Group LLC now owns 62,497 shares of the financial services provider’s stock valued at $5,335,000 after buying an additional 57,442 shares in the last quarter. 80.97% of the stock is owned by institutional investors.

Walker & Dunlop Stock Down 3.7%

Shares of Walker & Dunlop stock opened at $61.45 on Thursday. The stock has a market cap of $2.09 billion, a P/E ratio of 18.23 and a beta of 1.55. The business’s 50 day moving average is $62.61 and its 200-day moving average is $73.18. Walker & Dunlop has a 12-month low of $58.60 and a 12-month high of $92.57.

Walker & Dunlop Company Profile

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.