Walker & Dunlop Inc. (NYSE:WD) shares fell 1.9% on Thursday . The stock traded as low as $27.07 and last traded at $27.16, with a volume of 60,604 shares trading hands. The stock had previously closed at $27.69.

Several brokerages recently weighed in on WD. Zacks Investment Research raised shares of Walker & Dunlop from a “sell” rating to a “strong-buy” rating and set a $32.00 target price for the company in a research note on Saturday, August 6th. Keefe, Bruyette & Woods boosted their target price on shares of Walker & Dunlop from $23.00 to $26.00 and gave the company a “market perform” rating in a research note on Thursday, August 4th. JMP Securities boosted their target price on shares of Walker & Dunlop from $27.00 to $30.00 and gave the company a “market outperform” rating in a research note on Thursday, August 4th. Sterne Agee CRT reissued a “neutral” rating on shares of Walker & Dunlop in a research note on Monday, May 16th. Finally, TheStreet raised shares of Walker & Dunlop from a “hold” rating to a “buy” rating in a research note on Monday, May 9th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Walker & Dunlop presently has an average rating of “Buy” and a consensus target price of $29.75.

The company’s 50-day moving average price is $24.34 and its 200-day moving average price is $23.55. The company has a market capitalization of $820.19 million and a P/E ratio of 9.24.

Walker & Dunlop (NYSE:WD) last announced its earnings results on Wednesday, August 3rd. The company reported $1.05 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.69 by $0.36. The firm had revenue of $147.90 million for the quarter, compared to the consensus estimate of $114.53 million. During the same period in the prior year, the business earned $0.67 EPS. The company’s quarterly revenue was up 29.9% compared to the same quarter last year. On average, analysts forecast that Walker & Dunlop Inc. will post $3.01 earnings per share for the current year.

In related news, CEO William M. Walker sold 53,170 shares of the firm’s stock in a transaction dated Thursday, August 4th. The stock was sold at an average price of $26.71, for a total transaction of $1,420,170.70. Following the completion of the transaction, the chief executive officer now owns 1,493,462 shares of the company’s stock, valued at $39,890,370.02. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

A number of hedge funds and institutional investors have recently made changes to their positions in WD. Rhumbline Advisers boosted its position in shares of Walker & Dunlop by 6.3% in the fourth quarter. Rhumbline Advisers now owns 36,191 shares of the company’s stock valued at $1,043,000 after buying an additional 2,150 shares in the last quarter. Broadview Advisors LLC purchased a new position in shares of Walker & Dunlop during the fourth quarter valued at $1,139,000. New York State Common Retirement Fund boosted its position in shares of Walker & Dunlop by 89.1% in the fourth quarter. New York State Common Retirement Fund now owns 45,584 shares of the company’s stock valued at $1,313,000 after buying an additional 21,484 shares in the last quarter. California State Teachers Retirement System boosted its position in shares of Walker & Dunlop by 1.9% in the fourth quarter. California State Teachers Retirement System now owns 49,037 shares of the company’s stock valued at $1,413,000 after buying an additional 900 shares in the last quarter. Finally, Cornerstone Capital Management Holdings LLC. boosted its position in shares of Walker & Dunlop by 47.4% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 78,106 shares of the company’s stock valued at $2,250,000 after buying an additional 25,106 shares in the last quarter.

Walker & Dunlop, Inc is a holding company, which conducts all of its operations through Walker & Dunlop, LLC. The Company is a provider of commercial real estate financial services in the United States, with a primary focus on multifamily lending. It 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.

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