Spinnaker Investment Group LLC Has $1.11 Million Stock Position in Walker & Dunlop, Inc. (NYSE:WD)

Spinnaker Investment Group LLC decreased its position in shares of Walker & Dunlop, Inc. (NYSE:WD) by 11.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,379 shares of the financial services provider’s stock after selling 1,471 shares during the quarter. Spinnaker Investment Group LLC’s holdings in Walker & Dunlop were worth $1,106,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Blue Trust Inc. boosted its stake in Walker & Dunlop by 1,295.8% during the 3rd quarter. Blue Trust Inc. now owns 335 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 311 shares during the last quarter. National Bank of Canada FI boosted its position in shares of Walker & Dunlop by 42.2% during the third quarter. National Bank of Canada FI now owns 391 shares of the financial services provider’s stock valued at $44,000 after buying an additional 116 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its holdings in Walker & Dunlop by 44.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 575 shares of the financial services provider’s stock worth $56,000 after buying an additional 177 shares in the last quarter. GAMMA Investing LLC raised its position in Walker & Dunlop by 64.7% in the 3rd quarter. GAMMA Investing LLC now owns 654 shares of the financial services provider’s stock valued at $74,000 after buying an additional 257 shares during the last quarter. Finally, KBC Group NV lifted its stake in Walker & Dunlop by 28.4% during the 3rd quarter. KBC Group NV now owns 1,203 shares of the financial services provider’s stock valued at $137,000 after acquiring an additional 266 shares in the last quarter. 80.97% of the stock is owned by institutional investors and hedge funds.

Walker & Dunlop Price Performance

NYSE WD opened at $95.45 on Friday. The company has a fifty day moving average price of $101.34 and a 200-day moving average price of $105.31. The firm has a market cap of $3.22 billion, a price-to-earnings ratio of 34.09 and a beta of 1.55. Walker & Dunlop, Inc. has a 1 year low of $85.63 and a 1 year high of $118.19.

Walker & Dunlop (NYSE:WD) last posted its quarterly earnings data on Thursday, November 7th. The financial services provider reported $1.19 EPS 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 analysts’ expectations of $294.24 million. During the same quarter last year, the business posted $1.11 EPS. The company’s quarterly revenue was up 8.8% on a year-over-year basis. On average, research analysts anticipate that Walker & Dunlop, Inc. will post 5.14 EPS for the current fiscal year.

Walker & Dunlop Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 22nd were given a $0.65 dividend. The ex-dividend date was Friday, November 22nd. This represents a $2.60 annualized dividend and a yield of 2.72%. Walker & Dunlop’s dividend payout ratio is currently 92.86%.

About Walker & Dunlop

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.