Walker & Dunlop, Inc. (WD) Rating Lowered to Hold at BidaskClub

Walker & Dunlop, Inc. (NYSE:WD) was downgraded by investment analysts at BidaskClub from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday.

Other research analysts have also issued reports about the company. Zacks Investment Research lowered Walker & Dunlop from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 18th. Keefe, Bruyette & Woods reissued a “hold” rating on shares of Walker & Dunlop in a report on Thursday, April 6th. JMP Securities lowered Walker & Dunlop from an “outperform” rating to a “market perform” rating in a report on Wednesday, May 3rd. Finally, ValuEngine raised Walker & Dunlop from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. Five equities research analysts have rated the stock with a hold rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $35.00.

Shares of Walker & Dunlop (NYSE WD) traded up 2.07% on Monday, reaching $50.25. The company had a trading volume of 172,816 shares. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of 11.17 and a beta of 1.39. Walker & Dunlop has a 52-week low of $23.53 and a 52-week high of $53.43. The company’s 50-day moving average price is $49.78 and its 200-day moving average price is $43.38.

Walker & Dunlop (NYSE:WD) last posted its earnings results on Wednesday, May 3rd. The financial services provider reported $1.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.78. The business had revenue of $158.51 million for the quarter, compared to analyst estimates of $133.97 million. Walker & Dunlop had a return on equity of 23.87% and a net margin of 22.15%. The firm’s revenue was up 68.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.50 EPS. On average, analysts predict that Walker & Dunlop will post $4.48 earnings per share for the current year.

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A number of hedge funds have recently added to or reduced their stakes in WD. Texas Permanent School Fund increased its stake in Walker & Dunlop by 2.3% in the second quarter. Texas Permanent School Fund now owns 20,532 shares of the financial services provider’s stock valued at $1,003,000 after buying an additional 452 shares during the period. Great West Life Assurance Co. Can increased its stake in Walker & Dunlop by 3.7% in the second quarter. Great West Life Assurance Co. Can now owns 40,393 shares of the financial services provider’s stock valued at $1,972,000 after buying an additional 1,430 shares during the period. Bowling Portfolio Management LLC purchased a new stake in Walker & Dunlop during the second quarter valued at about $1,351,000. Strs Ohio purchased a new stake in Walker & Dunlop during the second quarter valued at about $961,000. Finally, Cypress Capital Management LLC WY increased its stake in 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 during the period. Institutional investors and hedge funds own 80.83% of the company’s stock.

Walker & Dunlop Company Profile

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.