Walker & Dunlop, Inc. (NYSE:WD) Shares Bought by Amundi

Amundi grew its stake in Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 6.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 170,832 shares of the financial services provider's stock after acquiring an additional 10,299 shares during the quarter. Amundi owned about 0.51% of Walker & Dunlop worth $15,758,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. National Bank of Canada FI increased its position 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 worth $44,000 after purchasing an additional 116 shares during the last quarter. Versor Investments LP increased its position 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 purchasing an additional 126 shares during the last quarter. Synergy Financial Group LTD increased its position in shares of Walker & Dunlop by 1.7% during the 3rd quarter. Synergy Financial Group LTD now owns 8,601 shares of the financial services provider's stock worth $977,000 after purchasing an additional 141 shares during the last quarter. Cornerstone Investment Partners LLC increased its position in shares of Walker & Dunlop by 3.4% during the 4th quarter. Cornerstone Investment Partners LLC now owns 6,983 shares of the financial services provider's stock worth $679,000 after purchasing an additional 228 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of Walker & Dunlop by 4.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,723 shares of the financial services provider's stock worth $556,000 after purchasing an additional 256 shares during the last quarter. 80.97% of the stock is owned by institutional investors and hedge funds.

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Walker & Dunlop Stock Up 2.8 %

NYSE:WD traded up $2.39 on Friday, reaching $87.33. 193,865 shares of the company's stock were exchanged, compared to its average volume of 182,977. The firm has a market capitalization of $2.95 billion, a price-to-earnings ratio of 27.38 and a beta of 1.63. The business has a fifty day moving average of $90.12 and a 200-day moving average of $101.60. Walker & Dunlop, Inc. has a 52-week low of $81.07 and a 52-week high of $118.19.

Walker & Dunlop (NYSE:WD - Get Free Report) last released its earnings results on Thursday, February 13th. The financial services provider reported $1.34 earnings per share (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 business had revenue of $341.45 million for the quarter, compared to analyst estimates of $316.82 million. As a group, equities analysts anticipate that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current year.

Walker & Dunlop Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a dividend of $0.67 per share. This is a positive change from Walker & Dunlop's previous quarterly dividend of $0.65. This represents a $2.68 annualized dividend and a yield of 3.07%. The ex-dividend date was Friday, February 28th. Walker & Dunlop's dividend payout ratio (DPR) is currently 84.01%.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In other Walker & Dunlop news, CEO William M. Walker acquired 17,500 shares of the company's stock in a transaction on Thursday, March 6th. The shares were bought at an average cost of $86.21 per share, for a total transaction of $1,508,675.00. Following the completion of the purchase, the chief executive officer now owns 411,271 shares in the company, valued at $35,455,672.91. This trade represents a 4.44 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. 5.47% of the stock is owned by company insiders.

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.