US Bancorp DE Sells 3,030 Shares of Walker & Dunlop, Inc. (NYSE:WD)

US Bancorp DE decreased its position in Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 47.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,309 shares of the financial services provider's stock after selling 3,030 shares during the quarter. US Bancorp DE's holdings in Walker & Dunlop were worth $322,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Versor Investments LP lifted its holdings in shares of Walker & Dunlop by 3.8% during the fourth quarter. Versor Investments LP now owns 3,426 shares of the financial services provider's stock worth $333,000 after buying an additional 126 shares during the last quarter. Bank of New York Mellon Corp raised its stake in Walker & Dunlop by 1.2% during the 4th quarter. Bank of New York Mellon Corp now owns 348,456 shares of the financial services provider's stock valued at $33,873,000 after purchasing an additional 4,152 shares during the last quarter. Handelsbanken Fonder AB boosted its holdings in Walker & Dunlop by 14.0% in the 4th quarter. Handelsbanken Fonder AB now owns 7,351 shares of the financial services provider's stock valued at $715,000 after purchasing an additional 900 shares during the period. New York State Common Retirement Fund grew its position in Walker & Dunlop by 137.5% in the 4th quarter. New York State Common Retirement Fund now owns 23,676 shares of the financial services provider's stock worth $2,302,000 after purchasing an additional 13,708 shares during the last quarter. Finally, Truist Financial Corp increased its holdings in shares of Walker & Dunlop by 489.2% during the 4th quarter. Truist Financial Corp now owns 12,185 shares of the financial services provider's stock worth $1,184,000 after purchasing an additional 10,117 shares during the period. 80.97% of the stock is currently owned by institutional investors and hedge funds.

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Walker & Dunlop Stock Performance

Shares of NYSE:WD traded up $0.80 during midday trading on Monday, reaching $87.99. 253,205 shares of the company's stock were exchanged, compared to its average volume of 183,259. The firm has a market capitalization of $2.97 billion, a PE ratio of 27.58 and a beta of 1.63. The company's 50 day simple moving average is $90.12 and its two-hundred day simple moving average is $101.57. Walker & Dunlop, Inc. has a 12 month low of $81.07 and a 12 month high of $118.19.

Walker & Dunlop (NYSE:WD - Get Free Report) last released its quarterly earnings data 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 company had revenue of $341.45 million for the quarter, compared to analyst estimates of $316.82 million. On average, research analysts anticipate that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current year.

Walker & Dunlop Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were paid a dividend of $0.67 per share. This is a positive change from Walker & Dunlop's previous quarterly dividend of $0.65. This represents a $2.68 annualized dividend and a yield of 3.05%. The ex-dividend date was Friday, February 28th. Walker & Dunlop's dividend payout ratio is currently 84.01%.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at Walker & Dunlop

In other Walker & Dunlop news, CEO William M. Walker bought 17,500 shares of Walker & Dunlop stock in a transaction dated Thursday, March 6th. The shares were acquired at an average cost of $86.21 per share, with a total value of $1,508,675.00. Following the acquisition, the chief executive officer now directly owns 411,271 shares of the company's stock, valued at $35,455,672.91. The trade was a 4.44 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 5.47% of the company's stock.

About Walker & Dunlop

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.