Alliancebernstein L.P. Has $108.52 Million Stock Holdings in Walker & Dunlop, Inc. (NYSE:WD)

Alliancebernstein L.P. cut its holdings in shares of Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 11.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,116,371 shares of the financial services provider's stock after selling 144,282 shares during the quarter. Alliancebernstein L.P. owned 3.31% of Walker & Dunlop worth $108,522,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. National Bank of Canada FI lifted its holdings in shares of 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 buying an additional 116 shares during the last quarter. Smartleaf Asset Management LLC grew its position in Walker & Dunlop by 230.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 751 shares of the financial services provider's stock worth $72,000 after acquiring an additional 524 shares in the last quarter. KBC Group NV increased its stake in shares of 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 purchasing an additional 404 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of Walker & Dunlop during the 4th quarter valued at $178,000. Finally, Crewe Advisors LLC boosted its holdings in Walker & Dunlop by 42.9% in 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. 80.97% of the stock is currently owned by institutional investors and hedge funds.

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Insider Transactions at Walker & Dunlop

In other Walker & Dunlop news, CEO William M. Walker acquired 17,500 shares of Walker & Dunlop stock in a transaction on Thursday, March 6th. The shares were bought at an average price of $86.21 per share, with a total value of $1,508,675.00. Following the completion of the purchase, the chief executive officer now owns 411,271 shares in the company, valued at $35,455,672.91. This trade represents a 4.44 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 3.66% of the stock is owned by company insiders.

Walker & Dunlop Stock Performance

Shares of WD traded down $2.95 during mid-day trading on Monday, hitting $75.26. The company's stock had a trading volume of 74,604 shares, compared to its average volume of 191,330. Walker & Dunlop, Inc. has a one year low of $73.93 and a one year high of $118.19. The stock's 50-day moving average is $87.65 and its two-hundred day moving average is $99.35. The firm has a market capitalization of $2.56 billion, a PE ratio of 23.60 and a beta of 1.42.

Walker & Dunlop (NYSE:WD - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The financial services provider reported $1.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.52 by ($0.18). Walker & Dunlop had a return on equity of 9.64% and a net margin of 9.55%. The business had revenue of $341.45 million during the quarter, compared to analyst estimates of $316.82 million. Analysts expect that Walker & Dunlop, Inc. will post 4.97 EPS for the current fiscal year.

Walker & Dunlop Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a $0.67 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.56%. This is a boost from Walker & Dunlop's previous quarterly dividend of $0.65. Walker & Dunlop's payout ratio is 84.01%.

Analyst Upgrades and Downgrades

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

Walker & Dunlop 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.