Walker & Dunlop, Inc. (NYSE:WD) Stock Holdings Lifted by Versor Investments LP

Versor Investments LP lifted its stake in shares of Walker & Dunlop, Inc. (NYSE:WD) by 3.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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 reporting period.

A number of other hedge funds have also modified their holdings of the stock. Erste Asset Management GmbH purchased a new position in shares of Walker & Dunlop in the third quarter worth approximately $19,843,000. JPMorgan Chase & Co. boosted its stake in Walker & Dunlop by 29.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 72,649 shares of the financial services provider’s stock worth $8,252,000 after purchasing an additional 16,481 shares during the period. Quest Partners LLC grew its position in 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 worth $2,567,000 after purchasing an additional 22,597 shares in the last quarter. Weiss Asset Management LP acquired a new stake in Walker & Dunlop during the 3rd quarter valued at $1,568,000. Finally, International Assets Investment Management LLC lifted its holdings in shares of Walker & Dunlop by 11,259.2% in the third 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. 80.97% of the stock is currently owned by institutional investors and hedge funds.

Walker & Dunlop Stock Performance

WD stock opened at $83.80 on Tuesday. The firm has a 50 day simple moving average of $92.16 and a 200 day simple moving average of $102.78. Walker & Dunlop, Inc. has a 52 week low of $81.98 and a 52 week high of $118.19. The stock has a market cap of $2.83 billion, a P/E ratio of 26.27 and a beta of 1.55.

Walker & Dunlop (NYSE:WD) last issued its earnings results on Thursday, February 13th. The financial services provider reported $1.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.18). Walker & Dunlop had a net margin of 9.55% and a return on equity of 9.64%. The company had revenue of $341.45 million for the quarter, compared to analyst estimates of $316.82 million. Sell-side analysts predict that Walker & Dunlop, Inc. will post 4.97 EPS for the current 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 paid a $0.67 dividend. The ex-dividend date of this dividend is Friday, February 28th. 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. Walker & Dunlop’s payout ratio is 84.01%.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods lowered their price target on Walker & Dunlop from $120.00 to $105.00 and set a “market perform” rating on the stock in a report on Friday, February 14th.

Walker & Dunlop Company 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.