Public Sector Pension Investment Board Has $11.11 Million Position in Walker & Dunlop, Inc. $WD

Public Sector Pension Investment Board grew its stake in Walker & Dunlop, Inc. (NYSE:WD) by 20.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 132,890 shares of the financial services provider’s stock after buying an additional 22,800 shares during the period. Public Sector Pension Investment Board owned 0.39% of Walker & Dunlop worth $11,112,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. ARGA Investment Management LP raised its position in shares of Walker & Dunlop by 151.4% in the 3rd quarter. ARGA Investment Management LP now owns 18,113 shares of the financial services provider’s stock worth $1,515,000 after acquiring an additional 10,908 shares in the last quarter. Norges Bank acquired a new stake in Walker & Dunlop during the second quarter worth approximately $30,422,000. Y Intercept Hong Kong Ltd increased its holdings in Walker & Dunlop by 137.4% in the third quarter. Y Intercept Hong Kong Ltd now owns 31,425 shares of the financial services provider’s stock worth $2,628,000 after purchasing an additional 18,186 shares in the last quarter. Campbell & CO Investment Adviser LLC acquired a new position in Walker & Dunlop in the second quarter valued at approximately $1,394,000. Finally, Tributary Capital Management LLC boosted its holdings in shares of Walker & Dunlop by 93.2% during the 3rd quarter. Tributary Capital Management LLC now owns 325,282 shares of the financial services provider’s stock worth $27,200,000 after buying an additional 156,944 shares in the last quarter. 80.97% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Walker & Dunlop from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. Jefferies Financial Group initiated coverage on shares of Walker & Dunlop in a report on Friday, December 19th. They issued a “buy” rating and a $75.00 price target for the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Walker & Dunlop in a report on Monday, December 29th. Citigroup reissued a “market outperform” rating on shares of Walker & Dunlop in a research report on Friday, December 5th. Finally, Keefe, Bruyette & Woods reduced their target price on Walker & Dunlop from $82.00 to $80.00 and set an “outperform” rating for the company in a research note on Thursday, January 8th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $87.00.

Walker & Dunlop Trading Up 0.9%

Walker & Dunlop stock opened at $61.91 on Monday. The firm has a market capitalization of $2.11 billion, a price-to-earnings ratio of 18.37 and a beta of 1.55. The firm’s fifty day moving average price is $62.54 and its two-hundred day moving average price is $72.95. Walker & Dunlop, Inc. has a 1-year low of $58.60 and a 1-year high of $90.00.

Walker & Dunlop 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.