GW&K Investment Management LLC decreased its holdings in shares of Walker & Dunlop, Inc. (NYSE:WD – Get Rating) by 4.8% during the 4th quarter, Holdings Channel reports. The firm owned 71,045 shares of the financial services provider’s stock after selling 3,599 shares during the quarter. GW&K Investment Management LLC’s holdings in Walker & Dunlop were worth $10,719,000 at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. Janus Henderson Group PLC boosted its holdings in Walker & Dunlop by 1.5% in the third quarter. Janus Henderson Group PLC now owns 1,914,886 shares of the financial services provider’s stock worth $217,322,000 after acquiring an additional 28,306 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Walker & Dunlop by 3.3% in the fourth quarter. Geode Capital Management LLC now owns 492,620 shares of the financial services provider’s stock worth $74,326,000 after acquiring an additional 15,754 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Walker & Dunlop by 1.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 272,104 shares of the financial services provider’s stock worth $41,055,000 after acquiring an additional 3,717 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Walker & Dunlop by 14.6% in the fourth quarter. JPMorgan Chase & Co. now owns 144,583 shares of the financial services provider’s stock worth $21,815,000 after acquiring an additional 18,403 shares in the last quarter. Finally, Clough Capital Partners L P bought a new position in Walker & Dunlop in the third quarter worth approximately $13,833,000. Institutional investors own 71.61% of the company’s stock.
Several research analysts have issued reports on WD shares. Wolfe Research cut their price target on Walker & Dunlop from $191.00 to $183.00 and set an “outperform” rating on the stock in a report on Thursday, March 10th. Zacks Investment Research lowered Walker & Dunlop from a “hold” rating to a “sell” rating in a report on Thursday, April 28th. Finally, StockNews.com began coverage on Walker & Dunlop in a report on Thursday, March 31st. They issued a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $163.50.
Shares of NYSE WD traded down $1.35 during trading on Friday, hitting $102.34. The stock had a trading volume of 137,728 shares, compared to its average volume of 194,243. Walker & Dunlop, Inc. has a 12 month low of $95.60 and a 12 month high of $156.77. The company has a debt-to-equity ratio of 1.01, a current ratio of 160.37 and a quick ratio of 160.37. The company has a market capitalization of $3.39 billion, a PE ratio of 12.07 and a beta of 1.17. The firm has a fifty day moving average of $123.01 and a two-hundred day moving average of $135.79.
Walker & Dunlop (NYSE:WD – Get Rating) last posted its earnings results on Thursday, May 5th. The financial services provider reported $2.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.85 by $0.27. Walker & Dunlop had a net margin of 20.65% and a return on equity of 18.99%. The firm had revenue of $319.44 million during the quarter, compared to analyst estimates of $312.72 million. During the same quarter in the prior year, the business posted $1.54 EPS. The business’s revenue was up 42.4% compared to the same quarter last year. On average, equities analysts expect that Walker & Dunlop, Inc. will post 9.38 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, June 3rd. Investors of record on Thursday, May 19th will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date is Wednesday, May 18th. Walker & Dunlop’s dividend payout ratio (DPR) is currently 28.30%.
Walker & Dunlop Company Profile (Get Rating)
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. The company offers first mortgage, second trust, supplemental, construction, mezzanine, preferred equity, small-balance, and bridge/interim loans.
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