Shufro Rose & Co. LLC Trims Stock Holdings in Walker & Dunlop, Inc. (NYSE:WD)

Key Points

• Shufro Rose & Co. LLC reduced its stake in Walker & Dunlop, Inc. by 14.9%, selling 9,737 shares during the first quarter, now holding a total of 55,565 shares valued at approximately $4.74 million.
• Analysts have decreased the target price for Walker & Dunlop shares from $105.00 to $95.00 while also revising ratings, with Wall Street Zen shifting from a "hold" to a "sell" rating.
• In the latest earnings report, Walker & Dunlop missed analyst expectations, posting $0.85 EPS, falling short of the expected $0.98, while revenue was reported at $237.37 million versus a consensus estimate of $260.43 million.

Shufro Rose & Co. LLC cut its stake in shares of Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 14.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 55,565 shares of the financial services provider's stock after selling 9,737 shares during the quarter. Shufro Rose & Co. LLC owned about 0.16% of Walker & Dunlop worth $4,743,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of WD. First Horizon Advisors Inc. purchased a new position in shares of Walker & Dunlop in the first quarter worth $27,000. Sterling Capital Management LLC increased its holdings in Walker & Dunlop by 456.4% in the 4th 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 in the last quarter. Versant Capital Management Inc raised its position in Walker & Dunlop by 90.5% in the 1st quarter. Versant Capital Management Inc now owns 383 shares of the financial services provider's stock worth $33,000 after buying an additional 182 shares during the last quarter. Parallel Advisors LLC lifted its stake in Walker & Dunlop by 122.0% during the 1st quarter. Parallel Advisors LLC now owns 444 shares of the financial services provider's stock valued at $38,000 after acquiring an additional 244 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in shares of Walker & Dunlop by 26.1% during the 1st quarter. GAMMA Investing LLC now owns 764 shares of the financial services provider's stock valued at $65,000 after acquiring an additional 158 shares during the last quarter. Hedge funds and other institutional investors own 80.97% of the company's stock.

Walker & Dunlop Stock Performance

Shares of NYSE WD traded down $0.61 during midday trading on Friday, hitting $74.40. 329,629 shares of the company's stock traded hands, compared to its average volume of 254,223. The firm has a fifty day moving average of $71.39 and a 200 day moving average of $79.05. Walker & Dunlop, Inc. has a 1 year low of $64.48 and a 1 year high of $118.19. The stock has a market capitalization of $2.53 billion, a price-to-earnings ratio of 25.48 and a beta of 1.57.

Walker & Dunlop (NYSE:WD - Get Free Report) last announced its earnings results on Thursday, May 1st. The financial services provider reported $0.85 EPS for the quarter, missing analysts' consensus estimates of $0.98 by ($0.13). Walker & Dunlop had a net margin of 8.68% and a return on equity of 8.99%. The business had revenue of $237.37 million for the quarter, compared to analysts' expectations of $260.43 million. During the same period in the prior year, the company posted $0.35 earnings per share. The firm's quarterly revenue was up 4.1% on a year-over-year basis. On average, equities analysts anticipate that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current year.

Analyst Upgrades and Downgrades

WD has been the subject of several research reports. Wall Street Zen cut shares of Walker & Dunlop from a "hold" rating to a "sell" rating in a report on Tuesday, May 6th. Keefe, Bruyette & Woods lowered their price target on Walker & Dunlop from $105.00 to $95.00 and set an "outperform" rating on the stock in a report on Thursday, April 17th.

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.