Inceptionr LLC Makes New $413,000 Investment in Walker & Dunlop, Inc. (NYSE:WD)

Inceptionr LLC bought a new position in Walker & Dunlop, Inc. (NYSE:WD - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 4,249 shares of the financial services provider's stock, valued at approximately $413,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new stake in Walker & Dunlop during the fourth quarter valued at $687,000. Verdence Capital Advisors LLC grew its stake in shares of Walker & Dunlop by 2.0% during the 4th quarter. Verdence Capital Advisors LLC now owns 35,324 shares of the financial services provider's stock valued at $3,434,000 after purchasing an additional 678 shares during the period. Atria Investments Inc increased its position in shares of Walker & Dunlop by 13.3% during the 4th quarter. Atria Investments Inc now owns 4,329 shares of the financial services provider's stock valued at $421,000 after purchasing an additional 508 shares during the last quarter. Keybank National Association OH lifted its stake in shares of Walker & Dunlop by 7.4% in the 4th quarter. Keybank National Association OH now owns 6,585 shares of the financial services provider's stock worth $640,000 after purchasing an additional 453 shares during the period. Finally, Cornerstone Investment Partners LLC boosted its holdings in shares of 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 worth $679,000 after buying an additional 228 shares during the last quarter. 80.97% of the stock is currently owned by hedge funds and other institutional investors.

Walker & Dunlop Stock Down 0.1 %

WD traded down $0.08 during midday trading on Wednesday, reaching $86.25. The company had a trading volume of 126,946 shares, compared to its average volume of 187,674. Walker & Dunlop, Inc. has a 1 year low of $81.07 and a 1 year high of $118.19. The company has a market cap of $2.91 billion, a P/E ratio of 27.04 and a beta of 1.63. The business has a 50-day moving average of $90.72 and a two-hundred day moving average of $102.00.

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Walker & Dunlop (NYSE:WD - Get Free Report) last released its earnings results on Thursday, February 13th. The financial services provider reported $1.34 EPS 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 firm had revenue of $341.45 million for the quarter, compared to the consensus estimate of $316.82 million. On average, equities research analysts predict that Walker & Dunlop, Inc. will post 4.97 EPS for the current year.

Walker & Dunlop Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be paid a dividend of $0.67 per share. This is a boost from Walker & Dunlop's previous quarterly dividend of $0.65. The ex-dividend date is Friday, February 28th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.11%. Walker & Dunlop's payout ratio is 84.01%.

Insider Buying and Selling

In other Walker & Dunlop news, CEO William M. Walker acquired 17,500 shares of the stock in a transaction dated Thursday, March 6th. The shares were acquired 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 of the company's stock, valued at approximately $35,455,672.91. The trade was a 4.44 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 5.47% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

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 report on Thursday, March 6th.

Walker & Dunlop Company 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.