AQR Capital Management LLC Has $8 Million Position in Walker & Dunlop, Inc. (NYSE:WD)

AQR Capital Management LLC lowered its stake in shares of Walker & Dunlop, Inc. (NYSE:WD) by 11.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 191,863 shares of the financial services provider’s stock after selling 24,829 shares during the period. AQR Capital Management LLC owned 0.61% of Walker & Dunlop worth $7,999,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in WD. Russell Investments Group Ltd. bought a new stake in shares of Walker & Dunlop during the fourth quarter worth $883,000. State Street Corp boosted its stake in shares of Walker & Dunlop by 10.5% in the fourth quarter. State Street Corp now owns 601,870 shares of the financial services provider’s stock worth $18,775,000 after buying an additional 56,950 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Walker & Dunlop by 2.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,769,880 shares of the financial services provider’s stock worth $55,220,000 after buying an additional 37,189 shares during the period. Allianz Asset Management AG boosted its position in shares of Walker & Dunlop by 30.2% in the fourth quarter. Allianz Asset Management AG now owns 72,076 shares of the financial services provider’s stock worth $2,248,000 after buying an additional 16,726 shares during the period. Finally, Renaissance Technologies LLC boosted its position in shares of Walker & Dunlop by 40.5% in the fourth quarter. Renaissance Technologies LLC now owns 82,063 shares of the financial services provider’s stock worth $2,560,000 after buying an additional 23,663 shares during the period. Institutional investors own 80.80% of the company’s stock.

Walker & Dunlop, Inc. (NYSE WD) opened at 52.48 on Wednesday. The firm has a market cap of $1.64 billion, a PE ratio of 11.67 and a beta of 1.39. Walker & Dunlop, Inc. has a 12-month low of $22.53 and a 12-month high of $53.43. The firm’s 50-day moving average is $48.18 and its 200 day moving average is $40.72.

Walker & Dunlop (NYSE:WD) last issued its quarterly earnings data on Wednesday, May 3rd. The financial services provider reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.78. Walker & Dunlop had a net margin of 22.15% and a return on equity of 23.87%. The firm had revenue of $158.51 million during the quarter, compared to the consensus estimate of $133.97 million. During the same quarter in the previous year, the firm posted $0.50 EPS. The company’s revenue for the quarter was up 68.2% compared to the same quarter last year. Equities research analysts predict that Walker & Dunlop, Inc. will post $4.47 EPS for the current year.

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A number of research analysts recently weighed in on the stock. ValuEngine upgraded shares of Walker & Dunlop from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. BidaskClub upgraded shares of Walker & Dunlop from a “buy” rating to a “strong-buy” rating in a report on Friday, June 16th. JMP Securities cut shares of Walker & Dunlop from an “outperform” rating to a “market perform” rating in a report on Wednesday, May 3rd. Zacks Investment Research upgraded shares of Walker & Dunlop from a “hold” rating to a “strong-buy” rating and set a $56.00 price objective for the company in a report on Saturday, May 6th. Finally, Keefe, Bruyette & Woods restated a “hold” rating on shares of Walker & Dunlop in a report on Thursday, April 6th. Three analysts have rated the stock with a hold rating and three have given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $35.00.

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.

Institutional Ownership by Quarter for Walker & Dunlop (NYSE:WD)

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