KLP Kapitalforvaltning AS Acquires New Holdings in Walker & Dunlop, Inc. (NYSE:WD)

KLP Kapitalforvaltning AS acquired a new position in Walker & Dunlop, Inc. (NYSE:WD - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,800 shares of the financial services provider's stock, valued at approximately $661,000.

Other large investors have also recently made changes to their positions in the company. FMR LLC boosted its stake in Walker & Dunlop by 48.7% during the third quarter. FMR LLC now owns 1,227,874 shares of the financial services provider's stock worth $139,474,000 after buying an additional 402,313 shares during the period. First Sabrepoint Capital Management LP lifted its holdings in shares of Walker & Dunlop by 100.0% in the 3rd quarter. First Sabrepoint Capital Management LP now owns 150,000 shares of the financial services provider's stock worth $17,038,000 after acquiring an additional 75,000 shares during the last quarter. Barclays PLC boosted its stake in shares of Walker & Dunlop by 380.1% during the 3rd quarter. Barclays PLC now owns 56,520 shares of the financial services provider's stock worth $6,420,000 after purchasing an additional 44,748 shares during the period. Wealthfront Advisers LLC bought a new position in Walker & Dunlop during the 4th quarter valued at about $3,469,000. Finally, Rockefeller Capital Management L.P. raised its position in Walker & Dunlop by 18.6% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 127,801 shares of the financial services provider's stock worth $14,517,000 after purchasing an additional 20,037 shares during the period. 80.97% of the stock is currently owned by institutional investors.

Walker & Dunlop Trading Down 5.8 %

Shares of Walker & Dunlop stock traded down $4.96 on Thursday, hitting $80.10. 231,712 shares of the company traded hands, compared to its average volume of 191,832. The company has a market cap of $2.72 billion, a PE ratio of 25.11 and a beta of 1.63. The stock's 50 day moving average price is $88.29 and its 200-day moving average price is $99.82. Walker & Dunlop, Inc. has a 52 week low of $80.09 and a 52 week high of $118.19.

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Walker & Dunlop (NYSE:WD - Get Free Report) last issued its earnings results on Thursday, February 13th. The financial services provider reported $1.34 earnings per share for the quarter, missing analysts' consensus estimates of $1.52 by ($0.18). Walker & Dunlop had a net margin of 9.55% and a return on equity of 9.64%. The firm had revenue of $341.45 million for the quarter, compared to the consensus estimate of $316.82 million. As a group, research analysts anticipate that Walker & Dunlop, Inc. will post 4.97 EPS for the current fiscal year.

Walker & Dunlop Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a $0.67 dividend. The ex-dividend date was Friday, February 28th. This is a positive change from Walker & Dunlop's previous quarterly dividend of $0.65. This represents a $2.68 dividend on an annualized basis and a yield of 3.35%. Walker & Dunlop's dividend payout ratio is 84.01%.

Analyst Ratings Changes

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

Insiders Place Their Bets

In other Walker & Dunlop news, CEO William M. Walker acquired 17,500 shares of the company's stock in a transaction dated Thursday, March 6th. The shares were purchased 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 approximately $35,455,672.91. This trade represents a 4.44 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 3.66% of the stock is owned by company insiders.

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.