Today, Mason Street Advisors LLC Acquires Shares of 5,310 Walker & Dunlop Inc. (WD)

Today, Mason Street Advisors LLC Acquires Shares of 5,310 Walker & Dunlop Inc. (WD)

Mason Street Advisors LLC acquired a new position in Walker & Dunlop Inc. (NYSE:WD) during the second quarter, according to its most recent filing with the SEC. The firm acquired 5,310 shares of the company’s stock, valued at approximately $121,000.

A number of other institutional investors have also recently bought and sold shares of WD. TIAA CREF Investment Management LLC raised its stake in shares of Walker & Dunlop by 31.3% in the first quarter. TIAA CREF Investment Management LLC now owns 116,108 shares of the company’s stock worth $2,818,000 after buying an additional 27,647 shares during the period. Teachers Advisors Inc. raised its stake in shares of Walker & Dunlop by 5.0% in the first quarter. Teachers Advisors Inc. now owns 58,628 shares of the company’s stock worth $1,423,000 after buying an additional 2,788 shares during the period. Prudential Financial Inc. raised its stake in shares of Walker & Dunlop by 2.4% in the first quarter. Prudential Financial Inc. now owns 514,452 shares of the company’s stock worth $12,485,000 after buying an additional 11,831 shares during the period. BlackRock Group LTD raised its stake in shares of Walker & Dunlop by 6.6% in the first quarter. BlackRock Group LTD now owns 42,855 shares of the company’s stock worth $1,040,000 after buying an additional 2,645 shares during the period. Finally, Royce & Associates LP raised its stake in shares of Walker & Dunlop by 5.1% in the first quarter. Royce & Associates LP now owns 198,786 shares of the company’s stock worth $4,825,000 after buying an additional 9,725 shares during the period. 77.95% of the stock is owned by hedge funds and other institutional investors.

Walker & Dunlop Inc. (NYSE:WD) opened at 23.79 on Tuesday. Walker & Dunlop Inc. has a one year low of $19.50 and a one year high of $33.17. The company has a market cap of $732.99 million, a P/E ratio of 8.26 and a beta of 1.05. The company has a 50-day moving average of $25.51 and a 200 day moving average of $24.42.

Walker & Dunlop (NYSE:WD) last issued its earnings results on Wednesday, August 3rd. The company reported $1.05 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.69 by $0.36. Walker & Dunlop had a net margin of 18.20% and a return on equity of 17.60%. The firm earned $147.90 million during the quarter, compared to the consensus estimate of $114.53 million. During the same quarter in the prior year, the firm earned $0.67 earnings per share. The business’s quarterly revenue was up 29.9% on a year-over-year basis. Equities research analysts predict that Walker & Dunlop Inc. will post $2.90 EPS for the current year.

WD has been the topic of a number of recent research reports. Zacks Investment Research downgraded shares of Walker & Dunlop from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 6th. Wedbush initiated coverage on shares of Walker & Dunlop in a report on Wednesday, October 5th. They set a “neutral” rating and a $26.75 price target on the stock. Keefe, Bruyette & Woods raised their price target on shares of Walker & Dunlop from $23.00 to $26.00 and gave the company a “market perform” rating in a report on Thursday, August 4th. Finally, JMP Securities raised their price target on shares of Walker & Dunlop from $27.00 to $30.00 and gave the company a “market outperform” rating in a report on Thursday, August 4th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Walker & Dunlop presently has an average rating of “Hold” and a consensus price target of $29.15.

In related news, Director Dana L. Schmaltz purchased 1,500 shares of Walker & Dunlop stock in a transaction dated Friday, September 9th. The stock was bought at an average price of $25.85 per share, for a total transaction of $38,775.00. Following the completion of the acquisition, the director now directly owns 41,833 shares of the company’s stock, valued at $1,081,383.05. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO William M. Walker sold 53,170 shares of the company’s stock in a transaction that occurred on Thursday, August 4th. The shares were sold at an average price of $26.71, for a total transaction of $1,420,170.70. Following the completion of the transaction, the chief executive officer now owns 1,493,462 shares of the company’s stock, valued at approximately $39,890,370.02. The disclosure for this sale can be found here. 11.60% of the stock is currently owned by company insiders.

Walker & Dunlop Company Profile

Walker & Dunlop, Inc is a holding company, which conducts all of its operations through Walker & Dunlop, LLC. The Company is a provider of commercial real estate financial services in the United States, with a primary focus on multifamily lending. It 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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