17,587 Shares in Walker & Dunlop, Inc. $WD Purchased by Walleye Capital LLC

Walleye Capital LLC purchased a new stake in shares of Walker & Dunlop, Inc. (NYSE:WD) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 17,587 shares of the financial services provider’s stock, valued at approximately $962,000. Walleye Capital LLC owned 0.05% of Walker & Dunlop as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC grew its holdings in shares of Walker & Dunlop by 107.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 580 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 301 shares in the last quarter. Essential Partners LLC increased its position in shares of Walker & Dunlop by 709.1% during the first quarter. Essential Partners LLC now owns 623 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 546 shares during the period. Caitong International Asset Management Co. Ltd raised its stake in shares of Walker & Dunlop by 1,398.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 734 shares of the financial services provider’s stock valued at $44,000 after purchasing an additional 685 shares in the last quarter. Strs Ohio acquired a new position in shares of Walker & Dunlop in the first quarter valued at $51,000. Finally, Huntington National Bank raised its stake in shares of Walker & Dunlop by 47.9% in the fourth quarter. Huntington National Bank now owns 865 shares of the financial services provider’s stock valued at $52,000 after purchasing an additional 280 shares in the last quarter. Institutional investors and hedge funds own 80.97% of the company’s stock.

Walker & Dunlop Trading Down 0.5%

Shares of WD opened at $42.57 on Friday. Walker & Dunlop, Inc. has a 1 year low of $41.38 and a 1 year high of $90.00. The stock has a 50 day simple moving average of $50.08 and a 200-day simple moving average of $51.39. The stock has a market cap of $1.46 billion, a PE ratio of 38.01 and a beta of 1.49.

Walker & Dunlop (NYSE:WD) last announced its quarterly earnings results on Thursday, August 6th. The financial services provider reported $1.19 EPS for the quarter, beating the consensus estimate of $0.90 by $0.29. Walker & Dunlop had a return on equity of 7.25% and a net margin of 2.94%.The business had revenue of $306.69 million for the quarter, compared to analyst estimates of $337.37 million. During the same quarter in the previous year, the firm earned $1.15 EPS. Walker & Dunlop’s quarterly revenue was down 3.9% on a year-over-year basis.

Walker & Dunlop Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be issued a dividend of $0.68 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 6.4%. Walker & Dunlop’s dividend payout ratio (DPR) is presently 242.86%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Weiss Ratings upgraded shares of Walker & Dunlop from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, August 4th. Keefe, Bruyette & Woods dropped their price objective on shares of Walker & Dunlop from $63.00 to $57.00 and set an “outperform” rating for the company in a research note on Friday, August 7th. Stephens assumed coverage on shares of Walker & Dunlop in a report on Thursday, April 23rd. They set an “overweight” rating and a $69.00 price objective for the company. Finally, Wall Street Zen lowered shares of Walker & Dunlop from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $74.00.

Walker & Dunlop Company Profile

Walker & Dunlop is one of the largest providers of commercial real estate finance in the United States, specializing in the origination, servicing and sale of loans secured by multifamily, seniors housing, healthcare, student housing and manufactured housing properties. The firm offers a full suite of debt and equity solutions, including agency financing through Fannie Mae and Freddie Mac, HUD and FHA-insured loans, bridge and construction financing, mezzanine debt, preferred equity, and investment sales advisory.

With roots dating back to 1937 and its headquarters in Bethesda, Maryland, Walker & Dunlop has expanded its platform through both organic growth and strategic acquisitions.