Walker & Dunlop (NYSE:WD) Price Target Cut to $105.00 by Analysts at Keefe, Bruyette & Woods

Walker & Dunlop (NYSE:WD) had its target price lowered by equities researchers at Keefe, Bruyette & Woods from $120.00 to $105.00 in a report issued on Friday,Benzinga reports. The firm presently has a “market perform” rating on the financial services provider’s stock. Keefe, Bruyette & Woods’ price objective would suggest a potential upside of 22.81% from the company’s current price.

Walker & Dunlop Stock Down 0.8 %

Shares of Walker & Dunlop stock traded down $0.66 during trading hours on Friday, hitting $85.50. The company’s stock had a trading volume of 68,960 shares, compared to its average volume of 189,831. The company has a market capitalization of $2.89 billion, a PE ratio of 30.54 and a beta of 1.55. The business has a fifty day moving average of $96.73 and a 200 day moving average of $104.29. Walker & Dunlop has a 1-year low of $84.63 and a 1-year high of $118.19.

Walker & Dunlop (NYSE:WD) last posted its earnings results on Thursday, February 13th. The financial services provider reported $1.34 EPS for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.18). Walker & Dunlop had a return on equity of 9.81% and a net margin of 8.91%. On average, sell-side analysts anticipate that Walker & Dunlop will post 5.14 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Walker & Dunlop

Several large investors have recently added to or reduced their stakes in the company. Sterling Capital Management LLC increased its position in Walker & Dunlop by 456.4% in the fourth quarter. Sterling Capital Management LLC now owns 306 shares of the financial services provider’s stock worth $30,000 after buying an additional 251 shares during the period. Blue Trust Inc. raised its stake in Walker & Dunlop by 1,295.8% during the 3rd quarter. Blue Trust Inc. now owns 335 shares of the financial services provider’s stock valued at $38,000 after acquiring an additional 311 shares in the last quarter. National Bank of Canada FI boosted its position in Walker & Dunlop by 42.2% during the 3rd quarter. National Bank of Canada FI now owns 391 shares of the financial services provider’s stock worth $44,000 after acquiring an additional 116 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of Walker & Dunlop by 230.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 751 shares of the financial services provider’s stock worth $72,000 after purchasing an additional 524 shares in the last quarter. Finally, KBC Group NV increased its holdings in shares of Walker & Dunlop by 28.4% during the third quarter. KBC Group NV now owns 1,203 shares of the financial services provider’s stock valued at $137,000 after purchasing an additional 266 shares during the period. 80.97% of the stock is currently owned by institutional investors.

About Walker & Dunlop

Walker & Dunlop, Inc is a holding company, which engages in the provision of commercial real estate and finance services. It operates through the following segments: Capital Markets, Servicing and Asset Management, and Corporate. The Capital Markets segment offers a comprehensive range of commercial real estate finance products to customers.