Burney Co. Raises Stake in Walker & Dunlop, Inc. (NYSE:WD)

Burney Co. grew its stake in Walker & Dunlop, Inc. (NYSE:WD) by 15.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,669 shares of the financial services provider’s stock after purchasing an additional 750 shares during the period. Burney Co.’s holdings in Walker & Dunlop were worth $551,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Blue Trust Inc. raised its stake in shares of Walker & Dunlop by 1,295.8% during the 3rd quarter. Blue Trust Inc. now owns 335 shares of the financial services provider’s stock worth $38,000 after buying an additional 311 shares in the last quarter. National Bank of Canada FI raised its stake 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 worth $44,000 after buying an additional 116 shares during the last quarter. Benjamin F. Edwards & Company Inc. raised its position in Walker & Dunlop by 44.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 575 shares of the financial services provider’s stock worth $56,000 after acquiring an additional 177 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Walker & Dunlop by 64.7% during the 3rd quarter. GAMMA Investing LLC now owns 654 shares of the financial services provider’s stock worth $74,000 after purchasing an additional 257 shares during the last quarter. Finally, KBC Group NV lifted its position in shares of Walker & Dunlop by 28.4% in the third quarter. KBC Group NV now owns 1,203 shares of the financial services provider’s stock valued at $137,000 after acquiring an additional 266 shares in the last quarter. 80.97% of the stock is owned by institutional investors and hedge funds.

Walker & Dunlop Stock Performance

Walker & Dunlop stock opened at $95.31 on Friday. The firm has a market capitalization of $3.22 billion, a PE ratio of 34.04 and a beta of 1.55. The stock’s 50 day moving average price is $102.19 and its 200 day moving average price is $105.23. Walker & Dunlop, Inc. has a one year low of $85.63 and a one year high of $118.19.

Walker & Dunlop (NYSE:WD) last released its quarterly earnings results on Thursday, November 7th. The financial services provider reported $1.19 EPS for the quarter, missing the consensus estimate of $1.29 by ($0.10). Walker & Dunlop had a return on equity of 9.81% and a net margin of 8.91%. The business had revenue of $292.30 million during the quarter, compared to analyst estimates of $294.24 million. During the same quarter last year, the firm posted $1.11 EPS. The company’s revenue was up 8.8% compared to the same quarter last year. On average, analysts forecast that Walker & Dunlop, Inc. will post 5.18 earnings per share for the current fiscal year.

Walker & Dunlop Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 22nd were given a dividend of $0.65 per share. The ex-dividend date was Friday, November 22nd. This represents a $2.60 annualized dividend and a dividend yield of 2.73%. Walker & Dunlop’s payout ratio is 92.86%.

Analysts Set New Price Targets

Several brokerages recently issued reports on WD. Wedbush upped their price objective on shares of Walker & Dunlop from $105.00 to $110.00 and gave the company a “neutral” rating in a research note on Wednesday, September 25th. Wolfe Research upgraded Walker & Dunlop to a “strong-buy” rating in a report on Tuesday, September 24th.

Walker & Dunlop Company Profile

Walker & Dunlop, Inc, through its subsidiaries, originates, sells, and services a range of multifamily and other commercial real estate financing products and services for owners and developers of real estate in the United States. It operates through three segments: Capital Markets, Servicing & Asset Management, and Corporate.