Wealthfront Advisers LLC Takes $3.47 Million Position in Walker & Dunlop, Inc. (NYSE:WD)

Wealthfront Advisers LLC purchased a new stake in Walker & Dunlop, Inc. (NYSE:WD - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 38,834 shares of the financial services provider's stock, valued at approximately $3,469,000. Wealthfront Advisers LLC owned about 0.11% of Walker & Dunlop at the end of the most recent quarter.

Several other large investors have also bought and sold shares of WD. Atria Investments Inc raised its stake in shares of Walker & Dunlop by 29.5% during the 3rd quarter. Atria Investments Inc now owns 3,821 shares of the financial services provider's stock worth $434,000 after purchasing an additional 870 shares during the period. Crossmark Global Holdings Inc. increased its holdings in Walker & Dunlop by 20.9% during the third quarter. Crossmark Global Holdings Inc. now owns 2,907 shares of the financial services provider's stock worth $330,000 after buying an additional 503 shares during the last quarter. Versor Investments LP bought a new stake in Walker & Dunlop in the third quarter worth about $375,000. KBC Group NV boosted its stake in Walker & Dunlop by 28.4% in the third 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 during the last quarter. Finally, Quest Partners LLC increased its stake in shares of Walker & Dunlop by 2,259,700.0% during the 3rd quarter. Quest Partners LLC now owns 22,598 shares of the financial services provider's stock worth $2,567,000 after purchasing an additional 22,597 shares during the last quarter. 80.97% of the stock is currently owned by institutional investors.

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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 objective on the stock in a research note on Thursday, March 6th.

Insider Buying and Selling at Walker & Dunlop

In related news, CEO William M. Walker purchased 17,500 shares of the firm's stock in a transaction dated Thursday, March 6th. The shares were purchased at an average cost of $86.21 per share, for a total transaction of $1,508,675.00. Following the completion of the transaction, the chief executive officer now directly owns 411,271 shares in the company, valued at approximately $35,455,672.91. This represents a 4.44 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 5.47% of the company's stock.

Walker & Dunlop Stock Up 0.9 %

WD traded up $0.80 during trading hours on Monday, hitting $87.99. The stock had a trading volume of 253,405 shares, compared to its average volume of 183,259. Walker & Dunlop, Inc. has a 1 year low of $81.07 and a 1 year high of $118.19. The company's fifty day simple moving average is $90.12 and its 200 day simple moving average is $101.57. The stock has a market cap of $2.97 billion, a PE ratio of 27.58 and a beta of 1.63.

Walker & Dunlop (NYSE:WD - Get Free Report) last issued its earnings results on Thursday, February 13th. The financial services provider reported $1.34 earnings per share for the quarter, missing analysts' consensus estimates 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 the consensus estimate of $316.82 million. As a group, equities analysts expect that Walker & Dunlop, Inc. will post 4.97 EPS for the current year.

Walker & Dunlop Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 3.05%. This is a positive change from Walker & Dunlop's previous quarterly dividend of $0.65. The ex-dividend date of this dividend was Friday, February 28th. Walker & Dunlop's payout ratio is currently 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.