Walker & Dunlop, Inc. (NYSE:WD) Receives $87.00 Average Target Price from Analysts

Shares of Walker & Dunlop, Inc. (NYSE:WD) have been given an average recommendation of “Moderate Buy” by the seven ratings firms that are covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $87.00.

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

Walker & Dunlop Stock Up 0.9%

Shares of WD stock opened at $61.91 on Thursday. Walker & Dunlop has a twelve month low of $58.60 and a twelve month high of $90.00. The stock’s fifty day simple moving average is $62.54 and its 200 day simple moving average is $72.97. The firm has a market capitalization of $2.11 billion, a P/E ratio of 18.37 and a beta of 1.55.

Hedge Funds Weigh In On Walker & Dunlop

A number of hedge funds have recently added to or reduced their stakes in WD. Royal Bank of Canada raised its stake in shares of Walker & Dunlop by 41.4% in the first quarter. Royal Bank of Canada now owns 8,196 shares of the financial services provider’s stock worth $699,000 after purchasing an additional 2,399 shares during the last quarter. AQR Capital Management LLC grew its holdings in 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 buying an additional 552 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Walker & Dunlop by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,115 shares of the financial services provider’s stock valued at $1,632,000 after buying an additional 823 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Walker & Dunlop by 7.5% during 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 acquiring an additional 7,470 shares in the last quarter. Finally, Jane Street Group LLC boosted its holdings in Walker & Dunlop by 1,136.3% during the 1st quarter. Jane Street Group LLC now owns 62,497 shares of the financial services provider’s stock worth $5,335,000 after acquiring an additional 57,442 shares during the last quarter. Institutional investors and hedge funds own 80.97% of the company’s stock.

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.