Boston Partners reduced its stake in shares of Walker & Dunlop, Inc. (NYSE:WD) by 23.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,275,516 shares of the financial services provider’s stock after selling 381,470 shares during the period. Boston Partners’ holdings in Walker & Dunlop were worth $62,284,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Capital One National Association raised its stake in Walker & Dunlop by 3.8% in the first quarter. Capital One National Association now owns 84,261 shares of the financial services provider’s stock worth $3,513,000 after buying an additional 3,062 shares during the period. Chicago Equity Partners LLC raised its stake in Walker & Dunlop by 31.5% in the first quarter. Chicago Equity Partners LLC now owns 172,400 shares of the financial services provider’s stock worth $7,187,000 after buying an additional 41,330 shares during the period. LSV Asset Management raised its stake in Walker & Dunlop by 10.2% in the first quarter. LSV Asset Management now owns 165,000 shares of the financial services provider’s stock worth $6,878,000 after buying an additional 15,300 shares during the period. Great West Life Assurance Co. Can raised its stake in Walker & Dunlop by 6.0% in the first quarter. Great West Life Assurance Co. Can now owns 38,963 shares of the financial services provider’s stock worth $1,622,000 after buying an additional 2,194 shares during the period. Finally, Wells Fargo & Company MN raised its stake in Walker & Dunlop by 60.8% in the first quarter. Wells Fargo & Company MN now owns 157,675 shares of the financial services provider’s stock worth $6,573,000 after buying an additional 59,614 shares during the period. 80.85% of the stock is currently owned by institutional investors.

Shares of Walker & Dunlop, Inc. (NYSE WD) opened at 46.66 on Friday. 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 is $49.67 and its 200-day moving average is $44.56. The company has a market cap of $1.46 billion, a price-to-earnings ratio of 10.31 and a beta of 1.39.

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

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A number of analysts recently weighed in on WD shares. BidaskClub lowered shares of Walker & Dunlop from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 19th. Zacks Investment Research raised shares of Walker & Dunlop from a “hold” rating to a “strong-buy” rating and set a $56.00 target price on the stock in a report on Saturday, May 6th. ValuEngine raised shares of Walker & Dunlop from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. JMP Securities raised shares of Walker & Dunlop from a “market perform” rating to an “outperform” rating and set a $55.00 target price on the stock in a report on Thursday, August 3rd. Finally, Keefe, Bruyette & Woods set a $49.00 target price on shares of Walker & Dunlop and gave the stock a “hold” rating in a report on Wednesday, August 2nd. Four analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $47.00.

In other news, Director Dana L. Schmaltz purchased 2,000 shares of the stock in a transaction on Wednesday, August 9th. The shares were acquired at an average price of $47.85 per share, with a total value of $95,700.00. Following the completion of the acquisition, the director now directly owns 44,983 shares of the company’s stock, valued at $2,152,436.55. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 11.70% of the stock is owned by 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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