ClariVest Asset Management LLC trimmed its position in Walker & Dunlop (NYSE:WD) by 0.6% during the first quarter, Holdings Channel reports. The fund owned 171,450 shares of the financial services provider’s stock after selling 1,052 shares during the quarter. ClariVest Asset Management LLC’s holdings in Walker & Dunlop were worth $10,188,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in WD. Rhumbline Advisers boosted its position in Walker & Dunlop by 1.5% in the first quarter. Rhumbline Advisers now owns 66,236 shares of the financial services provider’s stock valued at $3,936,000 after buying an additional 961 shares in the last quarter. Meeder Asset Management Inc. boosted its position in Walker & Dunlop by 112.3% in the first quarter. Meeder Asset Management Inc. now owns 2,401 shares of the financial services provider’s stock valued at $143,000 after buying an additional 1,270 shares in the last quarter. Crossmark Global Holdings Inc. boosted its position in Walker & Dunlop by 13.7% in the fourth quarter. Crossmark Global Holdings Inc. now owns 11,380 shares of the financial services provider’s stock valued at $541,000 after buying an additional 1,370 shares in the last quarter. Swiss National Bank boosted its position in Walker & Dunlop by 2.9% in the fourth quarter. Swiss National Bank now owns 50,100 shares of the financial services provider’s stock valued at $2,380,000 after buying an additional 1,400 shares in the last quarter. Finally, Comerica Bank boosted its position in Walker & Dunlop by 2.4% in the fourth quarter. Comerica Bank now owns 68,292 shares of the financial services provider’s stock valued at $3,278,000 after buying an additional 1,596 shares in the last quarter. 80.13% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have weighed in on WD shares. Keefe, Bruyette & Woods restated a “buy” rating on shares of Walker & Dunlop in a research report on Wednesday, February 7th. ValuEngine upgraded shares of Walker & Dunlop from a “buy” rating to a “strong-buy” rating in a research report on Thursday, February 8th. Compass Point upgraded shares of Walker & Dunlop from a “neutral” rating to a “buy” rating and set a $65.00 target price on the stock in a research report on Wednesday, May 2nd. Finally, TheStreet upgraded shares of Walker & Dunlop from a “c+” rating to a “b” rating in a research report on Tuesday, March 13th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $62.00.

Shares of Walker & Dunlop opened at $55.40 on Thursday, MarketBeat.com reports. The firm has a market cap of $1.70 billion, a PE ratio of 11.64 and a beta of 0.94. The company has a current ratio of 5.63, a quick ratio of 5.63 and a debt-to-equity ratio of 1.16. Walker & Dunlop has a 52 week low of $54.63 and a 52 week high of $55.24.

Walker & Dunlop (NYSE:WD) last issued its quarterly earnings results on Wednesday, May 2nd. The financial services provider reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.09. The company had revenue of $147.45 million for the quarter, compared to analyst estimates of $145.75 million. Walker & Dunlop had a net margin of 29.20% and a return on equity of 19.19%. Walker & Dunlop’s revenue was down 7.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.35 earnings per share. equities analysts anticipate that Walker & Dunlop will post 5.27 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 5th. Stockholders of record on Friday, May 18th will be issued a dividend of $0.25 per share. The ex-dividend date is Thursday, May 17th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.81%. Walker & Dunlop’s dividend payout ratio (DPR) is presently 21.01%.

Walker & Dunlop declared that its board has initiated a stock repurchase plan on Wednesday, February 7th that permits the company to repurchase $50.00 million in outstanding shares. This repurchase authorization permits the financial services provider to buy shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

In other news, CEO William M. Walker sold 18,350 shares of Walker & Dunlop stock in a transaction on Friday, February 16th. The shares were sold at an average price of $51.02, for a total transaction of $936,217.00. Following the transaction, the chief executive officer now owns 1,337,002 shares in the company, valued at $68,213,842.04. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Richard C. Warner sold 1,000 shares of the business’s stock in a transaction on Wednesday, May 9th. The shares were sold at an average price of $55.54, for a total transaction of $55,540.00. Following the completion of the transaction, the executive vice president now owns 70,395 shares in the company, valued at approximately $3,909,738.30. The disclosure for this sale can be found here. In the last quarter, insiders have sold 267,563 shares of company stock worth $14,519,225. 11.23% of the stock is owned by company insiders.

Walker & Dunlop Profile

Walker & Dunlop, Inc, through its subsidiaries, originates, sells, and services a range of multifamily and other commercial real estate loans for owners and developers of real estate in the United States. The company offers multifamily properties and commercial real estate finance products, such as first mortgage loans, second trust loans, supplemental financings, construction loans, mezzanine loans, and bridge/interim loans.

Want to see what other hedge funds are holding WD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walker & Dunlop (NYSE:WD).

Institutional Ownership by Quarter for Walker & Dunlop (NYSE:WD)

Receive News & Ratings for Walker & Dunlop Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walker & Dunlop and related companies with MarketBeat.com's FREE daily email newsletter.