2 weeks Ago By Defense World Staff
Bank of Montreal Can lifted its holdings in Walker & Dunlop, Inc. ( NYSE:WD – Free Report ) by 7.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.
The fund owned 4,558 shares of the financial services provider’s stock after purchasing an additional 310 shares during the period. Bank of Montreal Can’s holdings in Walker & Dunlop were worth $443,000 at the end of the most recent reporting period. Other large investors have also recently bought and sold shares of the company.
FMR LLC lifted its stake in shares of Walker & Dunlop by 7.4% in the fourth quarter. FMR LLC now owns 1,318,599 shares of the financial services provider’s stock worth $128,181,000 after buying an additional 90,725 shares during the last quarter.
Aster Capital Management DIFC Ltd acquired a new position in Walker & Dunlop during the 4th quarter worth $211,000. Envestnet Asset Management Inc. lifted its position in Walker & Dunlop by 5.
6% during the 4th quarter. Envestnet Asset Management Inc. now owns 41,625 shares of the financial services provider’s stock worth $4,046,000 after acquiring an additional 2,199 shares during the last quarter.
Wells Fargo & Company MN boosted its holdings in Walker & Dunlop by 40.0% during the fourth quarter. Wells Fargo & Company MN now owns 16,980 shares of the financial services provider’s stock valued at $1,651,000 after acquiring an additional 4,852 shares during the period.
Finally, Franklin Resources Inc. grew its position in shares of Walker & Dunlop by 11.4% in the fourth quarter.
Franklin Resources Inc. now owns 49,012 shares of the financial services provider’s stock valued at $4,764,000 after purchasing an additional 4,996 shares during the last quarter. 80.
97% of the stock is currently owned by institutional investors. Analyst Ratings Changes Separately, Keefe, Bruyette & Woods decreased their target price on Walker & Dunlop from $105.00 to $95.
00 and set an “outperform” rating for the company in a research note on Thursday, April 17th. Walker & Dunlop Price Performance Shares of Walker & Dunlop stock opened at $74.63 on Wednesday.
The company has a market cap of $2.54 billion, a PE ratio of 23.39 and a beta of 1.
42. The firm has a fifty day moving average price of $82.12 and a two-hundred day moving average price of $95.
87. Walker & Dunlop, Inc. has a fifty-two week low of $69.
59 and a fifty-two week high of $118.19. Walker & Dunlop ( NYSE:WD – Get Free Report ) last released its earnings results on Thursday, February 13th.
The financial services provider reported $1.34 earnings per share for the quarter, missing the consensus estimate of $1.52 by ($0.
18). Walker & Dunlop had a net margin of 9.55% and a return on equity of 9.
64%. The company had revenue of $341.45 million during the quarter, compared to the consensus estimate of $316.
82 million. Analysts expect that Walker & Dunlop, Inc. will post 4.
97 earnings per share for the current fiscal year. Walker & Dunlop Increases Dividend The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a dividend of $0.
67 per share. This represents a $2.68 annualized dividend and a dividend yield of 3.
59%. The ex-dividend date was Friday, February 28th. This is a positive change from Walker & Dunlop’s previous quarterly dividend of $0.
65. Walker & Dunlop’s dividend payout ratio (DPR) is presently 84.01%.
Insider Activity In other Walker & Dunlop news, CEO William M. Walker bought 17,500 shares of the firm’s stock in a transaction dated Thursday, March 6th. The shares were acquired at an average cost of $86.
21 per share, for a total transaction of $1,508,675.00. Following the transaction, the chief executive officer now owns 411,271 shares in the company, valued at approximately $35,455,672.
91. The trade was a 4.44 % increase in their ownership of the stock.
The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website . 3.66% of the stock is currently owned by company insiders.
About Walker & Dunlop ( Free Report ) 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.
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