Walker & Dunlop, Inc. (NYSE:WD) Stock Holdings Boosted by Burney Co.

Burney Co. lifted its holdings in Walker & Dunlop, Inc. (NYSE:WD) by 15.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,669 shares of the financial services provider’s stock after purchasing an additional 750 shares during the period. Burney Co.’s holdings in Walker & Dunlop were worth $551,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. FMR LLC increased its stake in Walker & Dunlop by 48.7% in the 3rd quarter. FMR LLC now owns 1,227,874 shares of the financial services provider’s stock worth $139,474,000 after purchasing an additional 402,313 shares in the last quarter. Victory Capital Management Inc. grew its position in Walker & Dunlop by 33.1% in the third quarter. Victory Capital Management Inc. now owns 1,415,479 shares of the financial services provider’s stock worth $160,784,000 after acquiring an additional 351,957 shares in the last quarter. Erste Asset Management GmbH acquired a new position in Walker & Dunlop during the third quarter worth $19,843,000. First Sabrepoint Capital Management LP increased its holdings in shares of Walker & Dunlop by 100.0% during the 3rd quarter. First Sabrepoint Capital Management LP now owns 150,000 shares of the financial services provider’s stock valued at $17,038,000 after acquiring an additional 75,000 shares during the last quarter. Finally, Ceredex Value Advisors LLC acquired a new position in Walker & Dunlop during the third quarter valued at approximately $8,156,000. Institutional investors and hedge funds own 80.97% of the company’s stock.

Walker & Dunlop Stock Down 0.2 %

Shares of Walker & Dunlop stock opened at $95.31 on Friday. The stock has a market capitalization of $3.22 billion, a P/E ratio of 34.04 and a beta of 1.55. The company has a 50-day simple moving average of $102.19 and a 200 day simple moving average of $105.23. Walker & Dunlop, Inc. has a 12-month low of $85.63 and a 12-month high of $118.19.

Walker & Dunlop (NYSE:WD) last announced its earnings results on Thursday, November 7th. The financial services provider reported $1.19 earnings per share for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.10). Walker & Dunlop had a net margin of 8.91% and a return on equity of 9.81%. The business had revenue of $292.30 million during the quarter, compared to analyst estimates of $294.24 million. During the same quarter last year, the business posted $1.11 earnings per share. The business’s quarterly revenue was up 8.8% compared to the same quarter last year. On average, equities analysts anticipate that Walker & Dunlop, Inc. will post 5.18 earnings per share for the current year.

Walker & Dunlop Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 22nd were paid a $0.65 dividend. The ex-dividend date was Friday, November 22nd. This represents a $2.60 annualized dividend and a dividend yield of 2.73%. Walker & Dunlop’s dividend payout ratio (DPR) is currently 92.86%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on WD. Wolfe Research raised Walker & Dunlop to a “strong-buy” rating in a research report on Tuesday, September 24th. Wedbush boosted their price target on shares of Walker & Dunlop from $105.00 to $110.00 and gave the company a “neutral” rating in a report on Wednesday, September 25th.

Walker & Dunlop 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.