HL Financial Services LLC Acquires 498 Shares of Walker & Dunlop, Inc. (NYSE:WD)

HL Financial Services LLC increased its position in shares of Walker & Dunlop, Inc. (NYSE:WD) by 0.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 77,621 shares of the financial services provider’s stock after buying an additional 498 shares during the period. HL Financial Services LLC owned about 0.25% of Walker & Dunlop worth $3,790,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. State Board of Administration of Florida Retirement System raised its stake in shares of Walker & Dunlop by 0.3% in the first quarter. State Board of Administration of Florida Retirement System now owns 17,056 shares of the financial services provider’s stock worth $711,000 after buying an additional 46 shares during the last quarter. LS Investment Advisors LLC raised its stake in shares of Walker & Dunlop by 1.5% in the second quarter. LS Investment Advisors LLC now owns 3,165 shares of the financial services provider’s stock worth $155,000 after buying an additional 47 shares during the last quarter. State of Alaska Department of Revenue raised its stake in shares of Walker & Dunlop by 2.0% in the first quarter. State of Alaska Department of Revenue now owns 3,060 shares of the financial services provider’s stock worth $127,000 after buying an additional 60 shares during the last quarter. Louisiana State Employees Retirement System raised its stake in shares of Walker & Dunlop by 1.8% in the first quarter. Louisiana State Employees Retirement System now owns 11,300 shares of the financial services provider’s stock worth $471,000 after buying an additional 200 shares during the last quarter. Finally, Arizona State Retirement System raised its stake in shares of Walker & Dunlop by 1.4% in the first quarter. Arizona State Retirement System now owns 14,469 shares of the financial services provider’s stock worth $603,000 after buying an additional 200 shares during the last quarter. 78.71% of the stock is currently owned by hedge funds and other institutional investors.

Walker & Dunlop, Inc. (WD) opened at 47.58 on Friday. Walker & Dunlop, Inc. has a one year low of $23.61 and a one year high of $53.43. The stock has a market capitalization of $1.49 billion, a PE ratio of 10.52 and a beta of 1.39. The firm has a 50-day moving average of $49.52 and a 200 day moving average of $45.16.

Walker & Dunlop (NYSE:WD) last released its earnings results on Wednesday, August 2nd. The financial services provider reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.02. The company had revenue of $166.40 million during the quarter, compared to analysts’ expectations of $167.51 million. Walker & Dunlop had a net margin of 21.91% and a return on equity of 22.86%. Walker & Dunlop’s revenue for the quarter was up 12.5% on a year-over-year basis. During the same period last year, the business earned $1.05 EPS. On average, equities research analysts anticipate that Walker & Dunlop, Inc. will post $4.50 earnings per share for the current fiscal year.

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Several research firms recently commented on WD. JMP Securities raised shares of Walker & Dunlop from a “market perform” rating to an “outperform” rating and set a $55.00 price objective on the stock in a research note on Thursday, August 3rd. Keefe, Bruyette & Woods set a $49.00 price objective on shares of Walker & Dunlop and gave the stock a “hold” rating in a research note on Wednesday, August 2nd. ValuEngine raised shares of Walker & Dunlop from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 2nd. BidaskClub lowered shares of Walker & Dunlop from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Finally, Zacks Investment Research raised shares of Walker & Dunlop from a “hold” rating to a “strong-buy” rating and set a $56.00 price objective on the stock in a research note on Saturday, May 6th. Four investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. Walker & Dunlop has an average rating of “Buy” and an average target price of $47.00.

In related news, Director Dana L. Schmaltz bought 1,000 shares of the stock in a transaction that occurred on Friday, August 11th. The stock was bought at an average cost of $46.05 per share, for a total transaction of $46,050.00. Following the purchase, the director now directly owns 46,983 shares of the company’s stock, valued at $2,163,567.15. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Dana L. Schmaltz purchased 2,000 shares of Walker & Dunlop stock in a transaction on Wednesday, August 9th. The shares were acquired at an average cost of $47.85 per share, with a total value of $95,700.00. Following the completion of the transaction, the director now directly owns 44,983 shares in the company, valued at approximately $2,152,436.55. The disclosure for this purchase can be found here. 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.

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

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