M.D. Sass LLC Has $25.75 Million Stake in Walker & Dunlop, Inc. (NYSE:WD)

M.D. Sass LLC boosted its holdings in shares of Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 57.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 264,855 shares of the financial services provider's stock after acquiring an additional 96,563 shares during the quarter. Walker & Dunlop accounts for about 1.9% of M.D. Sass LLC's investment portfolio, making the stock its 22nd largest holding. M.D. Sass LLC owned 0.78% of Walker & Dunlop worth $25,747,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. FMR LLC increased its stake in shares of Walker & Dunlop by 48.7% in the third quarter. FMR LLC now owns 1,227,874 shares of the financial services provider's stock worth $139,474,000 after acquiring an additional 402,313 shares during the last quarter. Erste Asset Management GmbH acquired a new position in Walker & Dunlop in the 3rd quarter worth about $19,843,000. First Sabrepoint Capital Management LP increased its position in 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 purchasing an additional 75,000 shares during the last quarter. Barclays PLC raised 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 in the last quarter. Finally, Wealthfront Advisers LLC acquired a new stake in shares of Walker & Dunlop during the 4th quarter valued at about $3,469,000. Hedge funds and other institutional investors own 80.97% of the company's stock.

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Walker & Dunlop Trading Down 1.6 %

NYSE WD traded down $1.40 during trading on Friday, hitting $84.00. 155,881 shares of the company traded hands, compared to its average volume of 191,907. Walker & Dunlop, Inc. has a 12 month low of $81.07 and a 12 month high of $118.19. The business has a fifty day simple moving average of $88.97 and a 200 day simple moving average of $100.25. The company has a market capitalization of $2.85 billion, a P/E ratio of 26.33 and a beta of 1.63.

Walker & Dunlop (NYSE:WD - Get Free Report) last issued 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). The company had revenue of $341.45 million for the quarter, compared to analyst estimates of $316.82 million. Walker & Dunlop had a net margin of 9.55% and a return on equity of 9.64%. Equities research analysts predict that Walker & Dunlop, Inc. will post 4.97 EPS for the current fiscal year.

Walker & Dunlop Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.19%. This is a boost from Walker & Dunlop's previous quarterly dividend of $0.65. The ex-dividend date of this dividend was Friday, February 28th. Walker & Dunlop's payout ratio is presently 84.01%.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods raised shares of Walker & Dunlop from a "market perform" rating to an "outperform" rating and set a $105.00 price objective on the stock 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 business's stock in a transaction that occurred on Thursday, March 6th. The stock was acquired at an average price of $86.21 per share, with a total value of $1,508,675.00. Following the transaction, the chief executive officer now owns 411,271 shares of the company's stock, valued at approximately $35,455,672.91. This trade represents a 4.44 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 3.66% of the stock is owned by 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.