Walker & Dunlop, Inc. (NYSE:WD) Holdings Lifted by Barclays PLC

Barclays PLC raised its holdings in Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 380.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 56,520 shares of the financial services provider's stock after purchasing an additional 44,748 shares during the period. Barclays PLC owned 0.17% of Walker & Dunlop worth $6,420,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Louisiana State Employees Retirement System lifted its position in shares of Walker & Dunlop by 2.4% in the second quarter. Louisiana State Employees Retirement System now owns 17,000 shares of the financial services provider's stock valued at $1,669,000 after acquiring an additional 400 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Walker & Dunlop by 0.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 377,417 shares of the financial services provider's stock worth $37,062,000 after purchasing an additional 2,815 shares during the last quarter. Verdence Capital Advisors LLC boosted its stake in shares of Walker & Dunlop by 4.0% during the 2nd quarter. Verdence Capital Advisors LLC now owns 33,721 shares of the financial services provider's stock worth $3,311,000 after purchasing an additional 1,303 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of Walker & Dunlop by 10.0% during the second quarter. Allspring Global Investments Holdings LLC now owns 81,980 shares of the financial services provider's stock worth $8,050,000 after buying an additional 7,443 shares in the last quarter. Finally, Sage Mountain Advisors LLC raised its position in shares of Walker & Dunlop by 9.5% in the second quarter. Sage Mountain Advisors LLC now owns 2,190 shares of the financial services provider's stock valued at $215,000 after buying an additional 190 shares during the last quarter. Hedge funds and other institutional investors own 80.97% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Wolfe Research upgraded Walker & Dunlop to a "strong-buy" rating in a report on Tuesday, September 24th. Wedbush upped their price target on shares of Walker & Dunlop from $105.00 to $110.00 and gave the stock a "neutral" rating in a research report on Wednesday, September 25th.

Walker & Dunlop Trading Up 1.5 %

NYSE WD traded up $1.43 during trading hours on Friday, reaching $97.75. 689,038 shares of the company traded hands, compared to its average volume of 197,496. The company has a 50 day moving average of $109.18 and a two-hundred day moving average of $105.27. The stock has a market capitalization of $3.30 billion, a PE ratio of 34.91 and a beta of 1.53. Walker & Dunlop, Inc. has a 12 month low of $87.20 and a 12 month high of $118.19.

Walker & Dunlop (NYSE:WD - Get Free Report) last released its earnings results on Thursday, November 7th. The financial services provider reported $1.19 EPS for the quarter, missing analysts' consensus estimates of $1.29 by ($0.10). Walker & Dunlop had a return on equity of 9.81% and a net margin of 8.91%. The firm had revenue of $292.30 million for the quarter, compared to the consensus estimate of $294.24 million. During the same period in the prior year, the business earned $1.11 EPS. The company's quarterly revenue was up 8.8% on a year-over-year basis. On average, equities research analysts anticipate that Walker & Dunlop, Inc. will post 5.18 earnings per share for the current year.

Walker & Dunlop Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 22nd were issued a $0.65 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $2.60 dividend on an annualized basis and a yield of 2.66%. Walker & Dunlop's dividend payout ratio is currently 92.86%.

Walker & Dunlop Profile

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.