BSW Wealth Partners increased its position in shares of Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 54.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,077 shares of the financial services provider's stock after acquiring an additional 9,955 shares during the quarter. BSW Wealth Partners owned 0.08% of Walker & Dunlop worth $3,189,000 as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in the company. National Bank of Canada FI boosted its stake in shares of Walker & Dunlop by 205.6% during the 2nd quarter. National Bank of Canada FI now owns 275 shares of the financial services provider's stock worth $26,000 after acquiring an additional 185 shares in the last quarter. Fidelis Capital Partners LLC bought a new stake in Walker & Dunlop during the first quarter valued at about $34,000. Blue Trust Inc. grew its position in shares of Walker & Dunlop by 1,295.8% in the third quarter. Blue Trust Inc. now owns 335 shares of the financial services provider's stock valued at $38,000 after purchasing an additional 311 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its stake in shares of Walker & Dunlop by 44.5% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 575 shares of the financial services provider's stock worth $56,000 after purchasing an additional 177 shares during the period. Finally, EntryPoint Capital LLC acquired a new position in shares of Walker & Dunlop during the first quarter worth approximately $57,000. Hedge funds and other 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 company's stock in a transaction on 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 of the company's stock, valued at approximately $5,715,500.90. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 5.47% of the company's stock.
Wall Street Analysts Forecast Growth
WD has been the topic of a number of research reports. Wolfe Research raised shares of Walker & Dunlop to a "strong-buy" rating in a research report on Tuesday, September 24th. Wedbush raised their price objective on Walker & Dunlop from $105.00 to $110.00 and gave the stock a "neutral" rating in a research report on Wednesday, September 25th. StockNews.com raised shares of Walker & Dunlop from a "sell" rating to a "hold" rating in a research note on Sunday, August 11th. Finally, Keefe, Bruyette & Woods boosted their price target on shares of Walker & Dunlop from $105.00 to $112.00 and gave the company a "market perform" rating in a research report on Thursday, July 25th.
Check Out Our Latest Report on Walker & Dunlop
Walker & Dunlop Stock Performance
Walker & Dunlop stock traded down $1.59 on Friday, reaching $107.78. The company's stock had a trading volume of 123,974 shares, compared to its average volume of 141,690. Walker & Dunlop, Inc. has a twelve month low of $66.36 and a twelve month high of $116.51. The company has a market cap of $3.64 billion, a price-to-earnings ratio of 41.61 and a beta of 1.55. The business's fifty day moving average price is $109.84 and its 200 day moving average price is $102.44.
Walker & Dunlop (NYSE:WD - Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The financial services provider reported $1.23 earnings per share for the quarter, beating analysts' consensus estimates of $1.16 by $0.07. Walker & Dunlop had a return on equity of 9.65% and a net margin of 8.41%. The company had revenue of $270.70 million for the quarter, compared to the consensus estimate of $274.50 million. During the same quarter in the prior year, the business posted $0.98 EPS. The firm's quarterly revenue was down .7% on a year-over-year basis. As a group, equities analysts forecast that Walker & Dunlop, Inc. will post 5.32 earnings per share for the current year.
Walker & Dunlop Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Thursday, August 22nd were given a dividend of $0.65 per share. The ex-dividend date of this dividend was Thursday, August 22nd. This represents a $2.60 annualized dividend and a yield of 2.41%. Walker & Dunlop's dividend payout ratio (DPR) is presently 100.39%.
Walker & Dunlop Company Profile
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Free Report)
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.
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