Zurcher Kantonalbank Zurich Cantonalbank Has $784,000 Stake in Walker & Dunlop, Inc. (NYSE:WD)

Zurcher Kantonalbank Zurich Cantonalbank reduced its stake in shares of Walker & Dunlop, Inc. (NYSE:WD) by 5.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,183 shares of the financial services provider’s stock after selling 559 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Walker & Dunlop were worth $784,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sterling Capital Management LLC lifted its position in shares of Walker & Dunlop by 456.4% during the 4th quarter. Sterling Capital Management LLC now owns 306 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 251 shares during the last quarter. First Horizon Advisors Inc. bought a new position in Walker & Dunlop in the 1st quarter worth approximately $27,000. Versant Capital Management Inc lifted its holdings in shares of Walker & Dunlop by 90.5% during the first quarter. Versant Capital Management Inc now owns 383 shares of the financial services provider’s stock worth $33,000 after buying an additional 182 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of Walker & Dunlop by 122.0% during the first quarter. Parallel Advisors LLC now owns 444 shares of the financial services provider’s stock worth $38,000 after buying an additional 244 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of Walker & Dunlop by 26.1% in the first quarter. GAMMA Investing LLC now owns 764 shares of the financial services provider’s stock valued at $65,000 after acquiring an additional 158 shares during the period. Institutional investors and hedge funds own 80.97% of the company’s stock.

Analyst Ratings Changes

WD has been the topic of a number of research reports. Wall Street Zen lowered shares of Walker & Dunlop from a “hold” rating to a “sell” rating in a research report on Tuesday, May 6th. Keefe, Bruyette & Woods dropped their price objective on shares of Walker & Dunlop from $105.00 to $95.00 and set an “outperform” rating on the stock in a report on Thursday, April 17th.

Walker & Dunlop Trading Up 0.7%

Shares of WD stock opened at $76.19 on Wednesday. Walker & Dunlop, Inc. has a 12 month low of $64.48 and a 12 month high of $118.19. The company has a market capitalization of $2.59 billion, a P/E ratio of 26.09 and a beta of 1.57. The stock has a 50 day moving average of $71.88 and a two-hundred day moving average of $78.58.

About Walker & Dunlop

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.