Analysts Set Walker & Dunlop, Inc. (NYSE:WD) Price Target at $87.00

Shares of Walker & Dunlop, Inc. (NYSE:WD) have been given an average rating of “Moderate Buy” by the six ratings firms that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $85.00.

Several equities research analysts have weighed in on WD shares. Jefferies Financial Group assumed coverage on shares of Walker & Dunlop in a research note on Friday, December 19th. They issued a “buy” rating and a $75.00 price target for the company. Weiss Ratings restated a “hold (c-)” rating on shares of Walker & Dunlop in a research note on Monday, December 29th. Wall Street Zen downgraded Walker & Dunlop from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. Citigroup reiterated a “market outperform” rating on shares of Walker & Dunlop in a report on Friday, December 5th. Finally, Keefe, Bruyette & Woods decreased their price objective on Walker & Dunlop from $82.00 to $80.00 and set an “outperform” rating for the company in a report on Thursday, January 8th.

Walker & Dunlop Price Performance

Shares of NYSE:WD opened at $64.63 on Thursday. Walker & Dunlop has a 1 year low of $58.60 and a 1 year high of $90.00. The business’s 50-day moving average is $62.54 and its 200-day moving average is $72.72. The company has a market capitalization of $2.20 billion, a price-to-earnings ratio of 19.18 and a beta of 1.55.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Flagship Harbor Advisors LLC bought a new position in Walker & Dunlop in the 4th quarter valued at about $25,000. Allworth Financial LP increased its holdings in Walker & Dunlop by 115.8% during the 2nd quarter. Allworth Financial LP now owns 479 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 257 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Walker & Dunlop by 65.7% in the third quarter. GAMMA Investing LLC now owns 479 shares of the financial services provider’s stock worth $40,000 after purchasing an additional 190 shares during the last quarter. Huntington National Bank lifted its holdings in shares of Walker & Dunlop by 49.6% in the third quarter. Huntington National Bank now owns 585 shares of the financial services provider’s stock valued at $49,000 after purchasing an additional 194 shares in the last quarter. Finally, Strs Ohio purchased a new position in shares of Walker & Dunlop during the first quarter valued at approximately $51,000. 80.97% of the stock is currently owned by institutional investors and hedge funds.

About Walker & Dunlop

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.