7,795 Shares in Walker & Dunlop, Inc. (NYSE:WD) Bought by Chartwell Investment Partners LLC

Chartwell Investment Partners LLC purchased a new position in shares of Walker & Dunlop, Inc. (NYSE:WD - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,795 shares of the financial services provider's stock, valued at approximately $885,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Impactive Capital LP increased its holdings in shares of Walker & Dunlop by 242.0% in the 1st quarter. Impactive Capital LP now owns 1,034,093 shares of the financial services provider's stock valued at $104,505,000 after acquiring an additional 731,714 shares during the last quarter. Victory Capital Management Inc. raised its holdings in shares of Walker & Dunlop by 13.8% during the second quarter. Victory Capital Management Inc. now owns 1,063,522 shares of the financial services provider's stock worth $104,438,000 after purchasing an additional 129,289 shares during the period. Ceredex Value Advisors LLC bought a new position in shares of Walker & Dunlop in the 3rd quarter worth about $8,156,000. GPM Growth Investors Inc. bought a new position in shares of Walker & Dunlop in the 2nd quarter worth about $4,595,000. Finally, Castleark Management LLC acquired a new position in shares of Walker & Dunlop in the 1st quarter valued at about $4,297,000. Institutional investors own 80.97% of the company's stock.

Insider Activity at Walker & Dunlop

In other Walker & Dunlop news, COO Stephen P. Theobald sold 13,870 shares of the business's stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $106.10, for a total transaction of $1,471,607.00. Following the sale, the chief operating officer now directly owns 53,869 shares in the company, valued at approximately $5,715,500.90. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 5.47% of the stock is currently owned by insiders.

Walker & Dunlop Stock Performance

Shares of NYSE:WD traded down $1.20 during trading hours on Wednesday, hitting $109.00. The stock had a trading volume of 124,635 shares, compared to its average volume of 202,352. The stock's fifty day simple moving average is $110.46 and its 200 day simple moving average is $103.34. The firm has a market capitalization of $3.68 billion, a price-to-earnings ratio of 39.52 and a beta of 1.55. Walker & Dunlop, Inc. has a 1-year low of $77.21 and a 1-year high of $118.19.

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

Walker & Dunlop Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 22nd will be issued a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 2.39%. The ex-dividend date is Friday, November 22nd. Walker & Dunlop's payout ratio is currently 92.86%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on WD. Wedbush increased their price objective on shares of Walker & Dunlop from $105.00 to $110.00 and gave the stock a "neutral" rating in a research note on Wednesday, September 25th. StockNews.com raised Walker & Dunlop from a "sell" rating to a "hold" rating in a report on Sunday, August 11th. Keefe, Bruyette & Woods upped their price objective on Walker & Dunlop from $105.00 to $112.00 and gave the stock a "market perform" rating in a research note on Thursday, July 25th. Finally, Wolfe Research upgraded Walker & Dunlop to a "strong-buy" rating in a research note on Tuesday, September 24th.

Walker & Dunlop Company 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.