Nixon Capital LLC raised its stake in shares of Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 4.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 93,173 shares of the financial services provider's stock after acquiring an additional 3,802 shares during the quarter. Walker & Dunlop makes up 2.9% of Nixon Capital LLC's portfolio, making the stock its 17th largest holding. Nixon Capital LLC owned about 0.28% of Walker & Dunlop worth $8,887,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently made changes to their positions in the company. National Bank of Canada FI increased its holdings in Walker & Dunlop by 42.2% during the 3rd quarter. National Bank of Canada FI now owns 391 shares of the financial services provider's stock valued at $44,000 after purchasing an additional 116 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in Walker & Dunlop by 230.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 751 shares of the financial services provider's stock worth $72,000 after buying an additional 524 shares in the last quarter. KBC Group NV grew its holdings in Walker & Dunlop by 33.6% during the 4th quarter. KBC Group NV now owns 1,607 shares of the financial services provider's stock worth $156,000 after acquiring an additional 404 shares during the last quarter. Quantbot Technologies LP acquired a new stake in Walker & Dunlop in the 4th quarter valued at about $178,000. Finally, Crewe Advisors LLC lifted its position in shares of Walker & Dunlop by 42.9% during the fourth quarter. Crewe Advisors LLC now owns 2,000 shares of the financial services provider's stock worth $194,000 after purchasing an additional 600 shares in the last quarter. Institutional investors and hedge funds own 80.97% of the company's stock.
Analyst Upgrades and Downgrades
Separately, Keefe, Bruyette & Woods upgraded shares of Walker & Dunlop from a "market perform" rating to an "outperform" rating and set a $105.00 price objective for the company in a research report on Thursday, March 6th.
Check Out Our Latest Research Report on Walker & Dunlop
Walker & Dunlop Stock Up 0.3 %
WD stock traded up $0.21 during midday trading on Friday, reaching $73.28. The company's stock had a trading volume of 422,688 shares, compared to its average volume of 193,250. The business's 50-day simple moving average is $84.78 and its 200-day simple moving average is $97.72. The stock has a market cap of $2.49 billion, a PE ratio of 22.97 and a beta of 1.42. Walker & Dunlop, Inc. has a 52 week low of $69.59 and a 52 week 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 EPS 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 during the quarter, compared to the consensus estimate of $316.82 million. As a group, equities analysts forecast that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current fiscal year.
Walker & Dunlop Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors 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. The ex-dividend date was Friday, February 28th. This represents a $2.68 annualized dividend and a yield of 3.66%. Walker & Dunlop's dividend payout ratio (DPR) is presently 84.01%.
Insider Activity at Walker & Dunlop
In other Walker & Dunlop news, CEO William M. Walker bought 17,500 shares of Walker & Dunlop stock in a transaction on 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 acquisition, the chief executive officer now owns 411,271 shares in the company, valued at approximately $35,455,672.91. The trade was a 4.44 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 3.66% of the company's stock.
About Walker & Dunlop
(
Free Report)
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.
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