Walker & Dunlop, Inc. (NYSE:WD) Stock Holdings Lifted by Keybank National Association OH

Keybank National Association OH raised its position in Walker & Dunlop, Inc. (NYSE:WD) by 7.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,585 shares of the financial services provider’s stock after purchasing an additional 453 shares during the quarter. Keybank National Association OH’s holdings in Walker & Dunlop were worth $640,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Cornerstone Investment Partners LLC grew its stake in Walker & Dunlop by 3.4% in the fourth quarter. Cornerstone Investment Partners LLC now owns 6,983 shares of the financial services provider’s stock valued at $679,000 after purchasing an additional 228 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Walker & Dunlop by 2.0% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 460,122 shares of the financial services provider’s stock valued at $44,728,000 after purchasing an additional 8,915 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in Walker & Dunlop by 230.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 751 shares of the financial services provider’s stock valued at $72,000 after purchasing an additional 524 shares in the last quarter. Versor Investments LP boosted its stake in shares of Walker & Dunlop by 3.8% during the 4th quarter. Versor Investments LP now owns 3,426 shares of the financial services provider’s stock worth $333,000 after acquiring an additional 126 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of Walker & Dunlop by 1.2% during the 4th quarter. Bank of New York Mellon Corp now owns 348,456 shares of the financial services provider’s stock worth $33,873,000 after acquiring an additional 4,152 shares in the last quarter. Hedge funds and other institutional investors own 80.97% of the company’s stock.

Walker & Dunlop Stock Performance

WD opened at $87.46 on Friday. The company has a market cap of $2.96 billion, a PE ratio of 27.42 and a beta of 1.63. The stock has a 50-day moving average of $91.12 and a 200-day moving average of $102.27. Walker & Dunlop, Inc. has a 52-week low of $81.07 and a 52-week high of $118.19.

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

Walker & Dunlop Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 3.06%. The ex-dividend date is Friday, February 28th. This is a boost from Walker & Dunlop’s previous quarterly dividend of $0.65. Walker & Dunlop’s payout ratio is currently 84.01%.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods upgraded Walker & Dunlop from a “market perform” rating to an “outperform” rating and set a $105.00 price target for the company in a research note on Thursday.

Insider Buying and Selling

In other Walker & Dunlop 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 acquired at an average price of $86.21 per share, with a total value of $1,508,675.00. Following the transaction, the chief executive officer now owns 411,271 shares of the company’s stock, valued at approximately $35,455,672.91. This trade represents a 4.44 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 5.47% of the stock is owned by insiders.

About Walker & Dunlop

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.