2 weeks Ago By Defense World Staff
Envestnet Asset Management Inc. boosted its stake in shares of Walker & Dunlop, Inc. (NYSE:WD – Free Report) by 5.
6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 41,625 shares of the financial services provider’s stock after acquiring an additional 2,199 shares during the period. Envestnet Asset Management Inc.
owned 0.12% of Walker & Dunlop worth $4,046,000 at the end of the most recent quarter. Several other hedge funds have also bought and sold shares of the stock.
JPMorgan Chase & Co. raised its position in Walker & Dunlop by 29.3% during the third quarter.
JPMorgan Chase & Co. now owns 72,649 shares of the financial services provider’s stock valued at $8,252,000 after purchasing an additional 16,481 shares during the period. Smartleaf Asset Management LLC lifted its position in Walker & Dunlop by 230.
8% in the fourth quarter. Smartleaf Asset Management LLC now owns 751 shares of the financial services provider’s stock worth $72,000 after buying an additional 524 shares during the last quarter. Raymond James Financial Inc.
purchased a new position in Walker & Dunlop during the fourth quarter worth $687,000. Barclays PLC lifted its holdings in shares of Walker & Dunlop by 380.1% in the 3rd quarter.
Barclays PLC now owns 56,520 shares of the financial services provider’s stock worth $6,420,000 after acquiring an additional 44,748 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Walker & Dunlop during the 4th quarter worth about $40,226,000. Hedge funds and other institutional investors own 80.
97% of the company’s stock. Walker & Dunlop Stock PerformanceShares of NYSE WD opened at $75.44 on Thursday.
Walker & Dunlop, Inc. has a 52-week low of $69.59 and a 52-week high of $118.
19. The firm has a market capitalization of $2.56 billion, a price-to-earnings ratio of 23.
65 and a beta of 1.42. The stock has a 50 day moving average price of $81.
90 and a 200 day moving average price of $95.73. Walker & Dunlop (NYSE:WD – Get Free Report) last issued its earnings results on Thursday, February 13th.
The financial services provider reported $1.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.52 by ($0.
18). Walker & Dunlop had a return on equity of 9.64% and a net margin of 9.
55%. The business had revenue of $341.45 million for the quarter, compared to the consensus estimate of $316.
82 million. Analysts forecast that Walker & Dunlop, Inc. will post 4.
97 earnings per share for the current year. Walker & Dunlop Increases DividendThe company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a dividend of $0.
67 per share. This represents a $2.68 annualized dividend and a dividend yield of 3.
55%. This is a positive change from Walker & Dunlop’s previous quarterly dividend of $0.65.
The ex-dividend date was Friday, February 28th. Walker & Dunlop’s dividend payout ratio is presently 84.01%.
Insider ActivityIn related news, CEO William M. Walker acquired 17,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 6th. The stock was purchased at an average cost of $86.
21 per share, with a total value of $1,508,675.00. Following the transaction, the chief executive officer now directly owns 411,271 shares of the company’s stock, valued at $35,455,672.
91. This trade represents a 4.44 % increase in their position.
The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 3.66% of the company’s stock.
Wall Street Analysts Forecast GrowthSeparately, Keefe, Bruyette & Woods dropped their target price on Walker & Dunlop from $105.00 to $95.00 and set an “outperform” rating for the company in a research report on Thursday, April 17th.
Read Our Latest Analysis on WDWalker & Dunlop Profile (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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