Walker & Dunlop (NYSE:WD) Stock Rating Lowered by StockNews.com

Walker & Dunlop (NYSE:WD) was downgraded by stock analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Tuesday.

Separately, Keefe, Bruyette & Woods reduced their price target on Walker & Dunlop from $105.00 to $95.00 and set an “outperform” rating for the company in a research report on Thursday, April 17th.

Walker & Dunlop Price Performance

Shares of WD stock opened at $71.35 on Tuesday. The company has a market cap of $2.42 billion, a PE ratio of 22.37 and a beta of 1.64. The stock’s 50 day simple moving average is $79.89 and its two-hundred day simple moving average is $93.12. Walker & Dunlop has a 1 year low of $69.59 and a 1 year high of $118.19.

Walker & Dunlop (NYSE:WD) last issued its quarterly earnings results on Thursday, May 1st. The financial services provider reported $0.85 earnings per share for the quarter, missing the consensus estimate of $0.98 by ($0.13). The business had revenue of $237.37 million during the quarter, compared to analysts’ expectations of $260.43 million. Walker & Dunlop had a return on equity of 9.64% and a net margin of 9.55%. The company’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.35 earnings per share. Equities research analysts expect that Walker & Dunlop will post 4.97 EPS for the current year.

Insider Activity at Walker & Dunlop

In related news, CEO William M. Walker purchased 17,500 shares of Walker & Dunlop stock in a transaction that occurred on Thursday, March 6th. The stock was bought at an average cost of $86.21 per share, for a total transaction of $1,508,675.00. Following the completion of the transaction, the chief executive officer now owns 411,271 shares in the company, valued at $35,455,672.91. The trade was a 4.44 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 3.66% of the stock is owned by insiders.

Hedge Funds Weigh In On Walker & Dunlop

Institutional investors have recently made changes to their positions in the company. Versor Investments LP grew its holdings in shares of Walker & Dunlop by 3.8% during the fourth quarter. Versor Investments LP now owns 3,426 shares of the financial services provider’s stock worth $333,000 after buying an additional 126 shares in the last quarter. GAMMA Investing LLC boosted its position in Walker & Dunlop by 26.1% during the first quarter. GAMMA Investing LLC now owns 764 shares of the financial services provider’s stock worth $65,000 after acquiring an additional 158 shares during the last quarter. Versant Capital Management Inc grew its stake in Walker & Dunlop by 90.5% during the 1st quarter. Versant Capital Management Inc now owns 383 shares of the financial services provider’s stock valued at $33,000 after acquiring an additional 182 shares in the last quarter. Summit Investment Advisors Inc. raised its holdings in Walker & Dunlop by 5.9% in the 4th quarter. Summit Investment Advisors Inc. now owns 3,362 shares of the financial services provider’s stock valued at $327,000 after acquiring an additional 187 shares during the last quarter. Finally, Sage Mountain Advisors LLC boosted its holdings in shares of Walker & Dunlop by 8.7% during the 4th quarter. Sage Mountain Advisors LLC now owns 2,380 shares of the financial services provider’s stock worth $231,000 after purchasing an additional 190 shares during the last quarter. 80.97% of the stock is owned by hedge funds and other institutional investors.

Walker & Dunlop Company Profile

Walker & Dunlop, Inc is a holding company, which engages in the provision of commercial real estate and finance services. It operates through the following segments: Capital Markets, Servicing and Asset Management, and Corporate. The Capital Markets segment offers a comprehensive range of commercial real estate finance products to customers.