American Century Companies Inc. Has $34.47 Million Stake in Walker & Dunlop, Inc. (NYSE:WD)

American Century Companies Inc. lifted its stake in Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 10.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 351,022 shares of the financial services provider's stock after acquiring an additional 32,192 shares during the quarter. American Century Companies Inc. owned approximately 1.04% of Walker & Dunlop worth $34,470,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Walker & Dunlop by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 3,761,433 shares of the financial services provider's stock worth $417,557,000 after acquiring an additional 10,743 shares during the last quarter. Victory Capital Management Inc. increased its stake in shares of Walker & Dunlop by 13.8% in 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 acquiring an additional 129,289 shares during the last quarter. Impactive Capital LP increased its stake in shares of Walker & Dunlop by 242.0% in the first quarter. Impactive Capital LP now owns 1,034,093 shares of the financial services provider's stock worth $104,505,000 after acquiring an additional 731,714 shares during the last quarter. Bank of New York Mellon Corp increased its stake in shares of Walker & Dunlop by 0.8% in the second quarter. Bank of New York Mellon Corp now owns 377,417 shares of the financial services provider's stock worth $37,062,000 after acquiring an additional 2,815 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Walker & Dunlop in the fourth quarter worth $40,059,000. 80.97% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

WD has been the topic of several analyst reports. Keefe, Bruyette & Woods increased their target price on shares of Walker & Dunlop from $105.00 to $112.00 and gave the stock a "market perform" rating in a research report on Thursday, July 25th. Wedbush increased their target price on shares of Walker & Dunlop from $95.00 to $105.00 and gave the stock a "neutral" rating in a research report on Friday, August 9th. Finally, StockNews.com raised shares of Walker & Dunlop from a "sell" rating to a "hold" rating in a research report on Sunday, August 11th.

Walker & Dunlop Trading Down 0.2 %

Walker & Dunlop stock traded down $0.26 during mid-day trading on Wednesday, hitting $107.96. 274,500 shares of the company's stock were exchanged, compared to its average volume of 206,782. The stock has a market cap of $3.64 billion, a P/E ratio of 39.40 and a beta of 1.55. The stock has a 50 day moving average of $104.76 and a two-hundred day moving average of $98.33. Walker & Dunlop, Inc. has a 1-year low of $62.51 and a 1-year high of $113.67.

Walker & Dunlop (NYSE:WD - Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The financial services provider reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.07. The company had revenue of $270.70 million for the quarter, compared to the consensus estimate of $274.50 million. Walker & Dunlop had a return on equity of 9.65% and a net margin of 8.41%. The firm's revenue was down .7% compared to the same quarter last year. During the same period last year, the business posted $0.98 earnings per share. As a group, research analysts predict that Walker & Dunlop, Inc. will post 5.27 EPS for the current fiscal year.

Walker & Dunlop Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Thursday, August 22nd were paid a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 2.41%. The ex-dividend date of this dividend was Thursday, August 22nd. Walker & Dunlop's payout ratio is presently 94.89%.

Insider Activity at Walker & Dunlop

In related news, COO Stephen P. Theobald sold 13,870 shares of the stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $106.10, for a total value of $1,471,607.00. Following the completion of the sale, the chief operating officer now owns 53,869 shares in the company, valued at $5,715,500.90. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 5.47% of the stock is owned by corporate insiders.

About Walker & Dunlop

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.