Erste Asset Management GmbH Makes New $19.84 Million Investment in Walker & Dunlop, Inc. (NYSE:WD)

Erste Asset Management GmbH purchased a new position in shares of Walker & Dunlop, Inc. (NYSE:WD) during the third quarter, HoldingsChannel.com reports. The fund purchased 174,694 shares of the financial services provider’s stock, valued at approximately $19,843,000.

Other large investors also recently bought and sold shares of the company. SG Americas Securities LLC raised its stake in Walker & Dunlop by 144.3% during the second quarter. SG Americas Securities LLC now owns 9,192 shares of the financial services provider’s stock worth $903,000 after purchasing an additional 5,430 shares during the period. Quest Partners LLC lifted its holdings in shares of Walker & Dunlop by 2,259,700.0% during the 3rd quarter. Quest Partners LLC now owns 22,598 shares of the financial services provider’s stock valued at $2,567,000 after acquiring an additional 22,597 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Walker & Dunlop by 1.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,319,434 shares of the financial services provider’s stock worth $129,566,000 after purchasing an additional 20,739 shares during the period. International Assets Investment Management LLC increased its holdings in Walker & Dunlop by 11,259.2% in the 3rd quarter. International Assets Investment Management LLC now owns 13,631 shares of the financial services provider’s stock valued at $1,548,000 after purchasing an additional 13,511 shares in the last quarter. Finally, Victory Capital Management Inc. raised its position in Walker & Dunlop by 13.8% in the second quarter. Victory Capital Management Inc. now owns 1,063,522 shares of the financial services provider’s stock valued at $104,438,000 after purchasing an additional 129,289 shares during the period. Hedge funds and other institutional investors own 80.97% of the company’s stock.

Walker & Dunlop Trading Down 0.6 %

Shares of NYSE WD opened at $110.18 on Friday. Walker & Dunlop, Inc. has a twelve month low of $83.24 and a twelve month high of $118.19. The company has a market capitalization of $3.72 billion, a price-to-earnings ratio of 39.35 and a beta of 1.55. The business has a 50 day simple moving average of $110.99 and a 200-day simple moving average of $104.44.

Walker & Dunlop (NYSE:WD) last issued its quarterly earnings data on Thursday, November 7th. The financial services provider reported $1.19 EPS for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.10). The company had revenue of $292.30 million for the quarter, compared to the consensus estimate of $294.24 million. Walker & Dunlop had a return on equity of 9.81% and a net margin of 8.91%. Walker & Dunlop’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.11 earnings per share. As a group, equities analysts predict that Walker & Dunlop, Inc. will post 5.18 earnings per share for the current year.

Walker & Dunlop Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 22nd will be paid a $0.65 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $2.60 annualized dividend and a dividend yield of 2.36%. Walker & Dunlop’s payout ratio is 92.86%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on WD shares. Wedbush boosted their price target on Walker & Dunlop from $105.00 to $110.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 25th. StockNews.com raised shares of Walker & Dunlop from a “sell” rating to a “hold” rating in a research report on Sunday, August 11th. Finally, Wolfe Research raised shares of Walker & Dunlop to a “strong-buy” rating in a report on Tuesday, September 24th.

Walker & Dunlop Company Profile

Walker & Dunlop, Inc, through its subsidiaries, originates, sells, and services a range of multifamily and other commercial real estate financing products and services for owners and developers of real estate in the United States. It operates through three segments: Capital Markets, Servicing & Asset Management, and Corporate.