Rockefeller Capital Management L.P. Purchases 17,103 Shares of Walker & Dunlop, Inc. (NYSE:WD)

Rockefeller Capital Management L.P. boosted its position in shares of Walker & Dunlop, Inc. (NYSE:WD) by 13.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 144,904 shares of the financial services provider’s stock after purchasing an additional 17,103 shares during the quarter. Rockefeller Capital Management L.P. owned about 0.43% of Walker & Dunlop worth $14,086,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sterling Capital Management LLC boosted its position in shares of Walker & Dunlop by 456.4% during the fourth quarter. Sterling Capital Management LLC now owns 306 shares of the financial services provider’s stock valued at $30,000 after buying an additional 251 shares during the last quarter. National Bank of Canada FI boosted its holdings in shares of Walker & Dunlop by 42.2% during the 3rd quarter. National Bank of Canada FI now owns 391 shares of the financial services provider’s stock valued at $44,000 after acquiring an additional 116 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Walker & Dunlop by 230.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 751 shares of the financial services provider’s stock worth $72,000 after acquiring an additional 524 shares during the period. KBC Group NV raised its holdings in shares of Walker & Dunlop by 33.6% during the fourth quarter. KBC Group NV now owns 1,607 shares of the financial services provider’s stock valued at $156,000 after purchasing an additional 404 shares during the last quarter. Finally, Quantbot Technologies LP bought a new position in Walker & Dunlop during the fourth quarter valued at approximately $178,000. 80.97% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods raised shares of Walker & Dunlop from a “market perform” rating to an “outperform” rating and set a $105.00 target price for the company in a research report on Thursday, March 6th.

Insider Transactions at Walker & Dunlop

In related news, CEO William M. Walker acquired 17,500 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The stock was bought at an average cost of $86.21 per share, for a total transaction of $1,508,675.00. Following the purchase, the chief executive officer now owns 411,271 shares in the company, valued at $35,455,672.91. The trade was a 4.44 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 3.66% of the stock is currently owned by company insiders.

Walker & Dunlop Stock Down 1.4 %

Walker & Dunlop stock opened at $74.08 on Wednesday. Walker & Dunlop, Inc. has a 52-week low of $69.59 and a 52-week high of $118.19. The company has a market cap of $2.52 billion, a P/E ratio of 23.22 and a beta of 1.42. The business has a 50-day simple moving average of $83.95 and a two-hundred day simple moving average of $97.19.

Walker & Dunlop (NYSE:WD) last announced its earnings results on Thursday, February 13th. The financial services provider reported $1.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.52 by ($0.18). Walker & Dunlop had a net margin of 9.55% and a return on equity of 9.64%. The business had revenue of $341.45 million for the quarter, compared to the consensus estimate of $316.82 million. Research analysts anticipate that Walker & Dunlop, Inc. will post 4.97 EPS for the current fiscal year.

Walker & Dunlop Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a dividend of $0.67 per share. This is an increase from Walker & Dunlop’s previous quarterly dividend of $0.65. The ex-dividend date was Friday, February 28th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.62%. Walker & Dunlop’s payout ratio is presently 84.01%.

Walker & Dunlop 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.