Kingsview Wealth Management LLC Acquires New Shares in Walker & Dunlop, Inc. (NYSE:WD)

Kingsview Wealth Management LLC purchased a new stake in shares of Walker & Dunlop, Inc. (NYSE:WD - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 18,148 shares of the financial services provider's stock, valued at approximately $1,764,000. Kingsview Wealth Management LLC owned about 0.05% of Walker & Dunlop as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Crewe Advisors LLC grew its stake in Walker & Dunlop by 42.9% in the fourth quarter. Crewe Advisors LLC now owns 2,000 shares of the financial services provider's stock valued at $194,000 after purchasing an additional 600 shares during the last quarter. KBC Group NV lifted its holdings in shares of Walker & Dunlop by 33.6% during the fourth quarter. KBC Group NV now owns 1,607 shares of the financial services provider's stock worth $156,000 after purchasing an additional 404 shares during the period. Burney Co. lifted its holdings in shares of Walker & Dunlop by 15.2% during the fourth quarter. Burney Co. now owns 5,669 shares of the financial services provider's stock worth $551,000 after purchasing an additional 750 shares during the period. Harbor Capital Advisors Inc. raised its position in Walker & Dunlop by 8.2% during the fourth quarter. Harbor Capital Advisors Inc. now owns 10,089 shares of the financial services provider's stock valued at $981,000 after acquiring an additional 763 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in Walker & Dunlop by 4.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,723 shares of the financial services provider's stock valued at $556,000 after acquiring an additional 256 shares in the last quarter. Hedge funds and other institutional investors own 80.97% of the company's stock.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods lowered their price objective on Walker & Dunlop from $120.00 to $105.00 and set a "market perform" rating on the stock in a research note on Friday.

Walker & Dunlop Price Performance

Shares of WD traded up $0.17 during mid-day trading on Friday, reaching $86.33. The company's stock had a trading volume of 255,576 shares, compared to its average volume of 196,233. Walker & Dunlop, Inc. has a 12-month low of $84.63 and a 12-month high of $118.19. The stock has a market cap of $2.92 billion, a PE ratio of 30.83 and a beta of 1.55. The company's 50 day moving average is $96.73 and its 200 day moving average is $104.29.

Walker & Dunlop (NYSE:WD - Get Free Report) last released its quarterly earnings data 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 net margin of 8.91% and a return on equity of 9.81%. As a group, sell-side analysts anticipate that Walker & Dunlop, Inc. will post 5.14 EPS for the current fiscal 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 given a $0.67 dividend. The ex-dividend date is Friday, February 28th. This is a boost from Walker & Dunlop's previous quarterly dividend of $0.65. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.10%. Walker & Dunlop's dividend payout ratio is 92.86%.

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.