New Amsterdam Partners LLC NY cut its position in Walker & Dunlop, Inc. (NYSE:WD) by 2.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 220,244 shares of the financial services provider’s stock after selling 5,455 shares during the period. Walker & Dunlop comprises about 2.3% of New Amsterdam Partners LLC NY’s holdings, making the stock its 7th largest position. New Amsterdam Partners LLC NY’s holdings in Walker & Dunlop were worth $10,755,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of WD. Catalyst Capital Advisors LLC acquired a new stake in shares of Walker & Dunlop during the second quarter worth $1,030,000. First Trust Advisors LP purchased a new stake in shares of Walker & Dunlop during the second quarter worth approximately $2,702,000. Arizona State Retirement System boosted its stake in shares of Walker & Dunlop by 1.4% in the second quarter. Arizona State Retirement System now owns 14,669 shares of the financial services provider’s stock worth $716,000 after buying an additional 200 shares during the period. Schwab Charles Investment Management Inc. boosted its stake in shares of Walker & Dunlop by 1.1% in the second quarter. Schwab Charles Investment Management Inc. now owns 129,984 shares of the financial services provider’s stock worth $6,348,000 after buying an additional 1,362 shares during the period. Finally, HL Financial Services LLC boosted its stake in shares of Walker & Dunlop by 0.6% in the second quarter. HL Financial Services LLC now owns 77,621 shares of the financial services provider’s stock worth $3,790,000 after buying an additional 498 shares during the period. Institutional investors and hedge funds own 80.85% of the company’s stock.

Walker & Dunlop, Inc. (NYSE:WD) opened at 46.66 on Friday. The stock has a market cap of $1.46 billion, a PE ratio of 10.31 and a beta of 1.39. Walker & Dunlop, Inc. has a 12 month low of $23.61 and a 12 month high of $53.43. The company’s 50 day moving average price is $49.67 and its 200 day moving average price is $44.56.

Walker & Dunlop (NYSE:WD) last posted its quarterly earnings data on Wednesday, August 2nd. The financial services provider reported $1.08 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.06 by $0.02. Walker & Dunlop had a return on equity of 22.86% and a net margin of 21.91%. The company had revenue of $166.40 million during the quarter, compared to analyst estimates of $167.51 million. During the same quarter last year, the company earned $1.05 EPS. The firm’s revenue for the quarter was up 12.5% on a year-over-year basis. Equities analysts forecast that Walker & Dunlop, Inc. will post $4.50 EPS for the current fiscal year.

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A number of equities research analysts have commented on the company. JMP Securities raised Walker & Dunlop from a “market perform” rating to an “outperform” rating and set a $55.00 price objective for the company in a research note on Thursday, August 3rd. Keefe, Bruyette & Woods set a $49.00 price objective on Walker & Dunlop and gave the company a “hold” rating in a research note on Wednesday, August 2nd. BidaskClub cut Walker & Dunlop from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Zacks Investment Research cut Walker & Dunlop from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 18th. Finally, ValuEngine raised Walker & Dunlop from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 2nd. Four equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $47.00.

In related news, Director Dana L. Schmaltz acquired 2,000 shares of Walker & Dunlop stock in a transaction that occurred on Wednesday, August 9th. The stock was bought at an average price of $47.85 per share, with a total value of $95,700.00. Following the transaction, the director now directly owns 44,983 shares in the company, valued at $2,152,436.55. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 11.70% of the stock is owned by company insiders.

About Walker & Dunlop

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.

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Institutional Ownership by Quarter for Walker & Dunlop (NYSE:WD)

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