Brown Advisory Inc. lifted its position in shares of Walker & Dunlop, Inc. (NYSE:WD – Get Rating) by 1.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 239,096 shares of the financial services provider’s stock after purchasing an additional 3,200 shares during the period. Brown Advisory Inc. owned 0.72% of Walker & Dunlop worth $18,764,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of the company. Romano Brothers AND Company acquired a new position in Walker & Dunlop in the 4th quarter valued at about $27,000. Quadrant Capital Group LLC grew its stake in Walker & Dunlop by 398.6% in the 3rd quarter. Quadrant Capital Group LLC now owns 359 shares of the financial services provider’s stock valued at $30,000 after buying an additional 287 shares during the last quarter. Covestor Ltd grew its stake in Walker & Dunlop by 5,066.7% in the 1st quarter. Covestor Ltd now owns 310 shares of the financial services provider’s stock valued at $40,000 after buying an additional 304 shares during the last quarter. First Manhattan Co. acquired a new position in Walker & Dunlop in the 1st quarter valued at about $65,000. Finally, Captrust Financial Advisors grew its stake in Walker & Dunlop by 7.6% in the 2nd quarter. Captrust Financial Advisors now owns 1,590 shares of the financial services provider’s stock valued at $153,000 after buying an additional 112 shares during the last quarter. 77.78% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on the stock. Wedbush decreased their price target on shares of Walker & Dunlop from $100.00 to $90.00 in a research note on Monday, May 8th. TheStreet downgraded shares of Walker & Dunlop from a “b-” rating to a “c” rating in a report on Friday, May 5th. JMP Securities downgraded shares of Walker & Dunlop from an “outperform” rating to a “market perform” rating in a report on Tuesday, May 2nd. Finally, StockNews.com downgraded shares of Walker & Dunlop from a “hold” rating to a “sell” rating in a report on Tuesday, May 16th.
Walker & Dunlop Stock Up 0.6 %
Walker & Dunlop (NYSE:WD – Get Rating) last issued its quarterly earnings results on Thursday, May 4th. The financial services provider reported $1.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.16. Walker & Dunlop had a net margin of 14.22% and a return on equity of 10.96%. The company had revenue of $238.70 million during the quarter, compared to the consensus estimate of $259.01 million. During the same quarter in the prior year, the firm posted $2.12 EPS. The firm’s quarterly revenue was down 25.3% on a year-over-year basis. Equities analysts expect that Walker & Dunlop, Inc. will post 5.56 EPS for the current year.
Walker & Dunlop Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, June 2nd. Stockholders of record on Thursday, May 18th were issued a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date of this dividend was Wednesday, May 17th. Walker & Dunlop’s dividend payout ratio (DPR) is presently 50.00%.
Walker & Dunlop Profile
Walker & Dunlop, Inc is a holding company. engages in the provision of commercial real estate and finance services. It focuses on multifamily lending, debt brokerage, and property sales. It also involves the delivery and servicing of loan products for its customers. The company was founded by Oliver Walker and Laird Dunlop in 1937 and is headquartered in Bethesda, MD.
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