Versor Investments LP increased its holdings in shares of Walker & Dunlop, Inc. (NYSE:WD – Free Report) by 3.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,426 shares of the financial services provider’s stock after acquiring an additional 126 shares during the quarter. Versor Investments LP’s holdings in Walker & Dunlop were worth $333,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of WD. National Bank of Canada FI lifted its stake in Walker & Dunlop by 42.2% in the third quarter. National Bank of Canada FI now owns 391 shares of the financial services provider’s stock valued at $44,000 after buying an additional 116 shares during the last quarter. KBC Group NV lifted its position in Walker & Dunlop by 28.4% in the 3rd quarter. KBC Group NV now owns 1,203 shares of the financial services provider’s stock valued at $137,000 after purchasing an additional 266 shares during the last quarter. Heritage Investors Management Corp acquired a new position in Walker & Dunlop during the 3rd quarter valued at about $227,000. Crewe Advisors LLC grew its position in Walker & Dunlop by 42.9% in the 4th quarter. Crewe Advisors LLC now owns 2,000 shares of the financial services provider’s stock worth $194,000 after purchasing an additional 600 shares during the last quarter. Finally, Quantinno Capital Management LP acquired a new stake in shares of Walker & Dunlop in the third quarter valued at approximately $230,000. Institutional investors own 80.97% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, Keefe, Bruyette & Woods reduced their price objective on Walker & Dunlop from $120.00 to $105.00 and set a “market perform” rating for the company in a research report on Friday, February 14th.
Walker & Dunlop Stock Down 2.2 %
Shares of NYSE WD opened at $83.80 on Tuesday. The stock has a market cap of $2.83 billion, a P/E ratio of 26.27 and a beta of 1.55. The firm’s 50-day simple moving average is $92.16 and its 200 day simple moving average is $102.78. Walker & Dunlop, Inc. has a fifty-two week low of $81.98 and a fifty-two week high of $118.19.
Walker & Dunlop (NYSE:WD – Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The financial services provider reported $1.34 EPS for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.18). The company had revenue of $341.45 million for the quarter, compared to the consensus estimate of $316.82 million. Walker & Dunlop had a return on equity of 9.64% and a net margin of 9.55%. On average, sell-side analysts anticipate that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current fiscal year.
Walker & Dunlop Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 3.20%. This is an increase from Walker & Dunlop’s previous quarterly dividend of $0.65. The ex-dividend date of this dividend is Friday, February 28th. Walker & Dunlop’s dividend payout ratio is 84.01%.
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.
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