ARP Americas LLC bought a new stake in Walker & Dunlop, Inc. (NYSE:WD) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,834 shares of the financial services provider’s stock, valued at approximately $253,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WD. BlackRock Inc. boosted its stake in Walker & Dunlop by 21,018.7% in the first quarter. BlackRock Inc. now owns 4,186,367 shares of the financial services provider’s stock valued at $174,530,000 after acquiring an additional 4,166,544 shares during the last quarter. Vanguard Group Inc. boosted its stake in Walker & Dunlop by 11.0% in the second quarter. Vanguard Group Inc. now owns 3,783,928 shares of the financial services provider’s stock valued at $184,769,000 after acquiring an additional 374,119 shares during the last quarter. American Century Companies Inc. boosted its stake in Walker & Dunlop by 210.9% in the second quarter. American Century Companies Inc. now owns 167,061 shares of the financial services provider’s stock valued at $8,158,000 after acquiring an additional 113,329 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Walker & Dunlop by 125.7% in the first quarter. Goldman Sachs Group Inc. now owns 147,893 shares of the financial services provider’s stock valued at $6,165,000 after acquiring an additional 82,372 shares during the last quarter. Finally, Teachers Advisors LLC boosted its stake in Walker & Dunlop by 13.3% in the second quarter. Teachers Advisors LLC now owns 515,171 shares of the financial services provider’s stock valued at $25,156,000 after acquiring an additional 60,675 shares during the last quarter. Hedge funds and other institutional investors own 77.24% of the company’s stock.

Shares of Walker & Dunlop, Inc. (NYSE:WD) opened at $53.96 on Friday. The company has a market cap of $1.69 billion, a P/E ratio of 12.00 and a beta of 1.44. The company has a debt-to-equity ratio of 2.61, a quick ratio of 7.38 and a current ratio of 7.38. Walker & Dunlop, Inc. has a 52 week low of $26.73 and a 52 week high of $56.46.

Walker & Dunlop (NYSE:WD) last announced its quarterly earnings results on Wednesday, August 2nd. The financial services provider reported $1.08 EPS for the quarter, beating the Zacks’ consensus estimate of $1.06 by $0.02. The company had revenue of $166.40 million for 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 was up 12.5% compared to the same quarter last year. During the same period in the prior year, the company posted $1.05 EPS. research analysts predict that Walker & Dunlop, Inc. will post 4.45 earnings per share for the current fiscal year.

In other Walker & Dunlop news, Director Dana L. Schmaltz purchased 1,000 shares of the company’s stock in a transaction that occurred on Friday, August 11th. The shares were bought at an average cost of $46.05 per share, for a total transaction of $46,050.00. Following the purchase, the director now owns 46,983 shares of the company’s stock, valued at approximately $2,163,567.15. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Dana L. Schmaltz purchased 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 9th. The shares were acquired at an average price of $47.85 per share, for a total transaction of $95,700.00. Following the completion of the purchase, 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. Insiders have purchased a total of 4,000 shares of company stock worth $186,850 over the last 90 days. 11.70% of the stock is currently owned by corporate insiders.

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A number of analysts recently commented on WD shares. BidaskClub cut shares of Walker & Dunlop from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 19th. Zacks Investment Research cut shares of Walker & Dunlop from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 19th. JMP Securities upgraded shares of Walker & Dunlop from a “market perform” rating to an “outperform” rating and set a $55.00 price target on the stock in a research note on Thursday, August 3rd. Finally, Keefe, Bruyette & Woods set a $49.00 price target on shares of Walker & Dunlop and gave the company a “hold” rating in a research note on Wednesday, August 2nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. Walker & Dunlop has a consensus rating of “Hold” and an average target price of $44.00.

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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