Shufro Rose & Co. LLC Sells 9,737 Shares of 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 decreased its position in Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 14.9% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 55,565 shares of the financial services provider's stock after selling 9,737 shares during the quarter. Shufro Rose & Co. LLC owned 0.16% of Walker & Dunlop worth $4,743,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in WD. First Horizon Advisors Inc. acquired a new position in Walker & Dunlop during the 1st quarter valued at about $27,000. Sterling Capital Management LLC lifted its position in Walker & Dunlop by 456.4% during the 4th quarter. Sterling Capital Management LLC now owns 306 shares of the financial services provider's stock valued at $30,000 after purchasing an additional 251 shares during the period. Versant Capital Management Inc lifted its position in Walker & Dunlop by 90.5% during the 1st quarter. Versant Capital Management Inc now owns 383 shares of the financial services provider's stock valued at $33,000 after purchasing an additional 182 shares during the period. Parallel Advisors LLC lifted its position 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 purchasing an additional 244 shares during the period. Finally, GAMMA Investing LLC raised its position in shares of Walker & Dunlop by 26.1% in 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 period. Institutional investors own 80.97% of the company's stock.

Analyst Ratings Changes

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

Walker & Dunlop Trading Up 0.4%

WD stock traded up $0.33 during trading on Monday, hitting $74.79. The company had a trading volume of 67,975 shares, compared to its average volume of 238,736. The business has a 50-day moving average of $71.55 and a 200-day moving average of $78.73. Walker & Dunlop, Inc. has a one year low of $64.48 and a one year high of $118.19. The stock has a market cap of $2.54 billion, a PE ratio of 25.62 and a beta of 1.57.

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

Walker & Dunlop Profile

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.