NFJ Investment Group LLC Has $5.01 Million Stock Holdings in Walker & Dunlop, Inc. (NYSE:WD)

NFJ Investment Group LLC lowered its position in Walker & Dunlop, Inc. (NYSE:WD) by 4.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 44,121 shares of the financial services provider’s stock after selling 2,029 shares during the period. NFJ Investment Group LLC’s holdings in Walker & Dunlop were worth $5,012,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. FMR LLC grew its position in shares of Walker & Dunlop by 48.7% in the 3rd quarter. FMR LLC now owns 1,227,874 shares of the financial services provider’s stock valued at $139,474,000 after purchasing an additional 402,313 shares during the period. Victory Capital Management Inc. boosted its holdings in shares of 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 valued at $160,784,000 after buying an additional 351,957 shares during the period. Erste Asset Management GmbH acquired a new position in shares of Walker & Dunlop in the third quarter valued at approximately $19,843,000. Ceredex Value Advisors LLC bought a new stake in shares of Walker & Dunlop during the third quarter worth $8,156,000. Finally, GPM Growth Investors Inc. acquired a new stake in shares of Walker & Dunlop during the second quarter worth $4,595,000. 80.97% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

WD has been the subject of a number of research reports. Wolfe Research upgraded Walker & Dunlop to a “strong-buy” rating in a report on Tuesday, September 24th. StockNews.com upgraded Walker & Dunlop from a “sell” rating to a “hold” rating in a research note on Sunday, August 11th. Finally, Wedbush raised their price target on shares of Walker & Dunlop from $105.00 to $110.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 25th.

Walker & Dunlop Stock Performance

Shares of NYSE WD opened at $109.16 on Wednesday. The stock has a market capitalization of $3.69 billion, a PE ratio of 38.99 and a beta of 1.53. Walker & Dunlop, Inc. has a 52 week low of $87.20 and a 52 week high of $118.19. The stock has a 50 day moving average price of $110.87 and a 200 day moving average price of $104.56.

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

Walker & Dunlop Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 22nd will be issued a $0.65 dividend. The ex-dividend date is Friday, November 22nd. This represents a $2.60 dividend on an annualized basis and a dividend yield of 2.38%. Walker & Dunlop’s payout ratio is 92.86%.

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.