Walker & Dunlop, Inc. (NYSE:WD) Shares Purchased by BNP Paribas Financial Markets

BNP Paribas Financial Markets grew its holdings in Walker & Dunlop, Inc. (NYSE:WD) by 20.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,667 shares of the financial services provider’s stock after purchasing an additional 2,362 shares during the quarter. BNP Paribas Financial Markets’ holdings in Walker & Dunlop were worth $1,552,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. National Bank of Canada FI grew its position in Walker & Dunlop by 205.6% in the second quarter. National Bank of Canada FI now owns 275 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 185 shares during the period. Blue Trust Inc. lifted its holdings in shares of Walker & Dunlop by 1,295.8% in the 3rd quarter. Blue Trust Inc. now owns 335 shares of the financial services provider’s stock worth $38,000 after acquiring an additional 311 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its stake in shares of Walker & Dunlop by 44.5% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 575 shares of the financial services provider’s stock valued at $56,000 after buying an additional 177 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Walker & Dunlop by 64.7% in the third quarter. GAMMA Investing LLC now owns 654 shares of the financial services provider’s stock valued at $74,000 after purchasing an additional 257 shares in the last quarter. Finally, Asset Dedication LLC purchased a new stake in shares of Walker & Dunlop during the second quarter worth $94,000. 80.97% of the stock is currently owned by hedge funds and other institutional investors.

Walker & Dunlop Price Performance

Walker & Dunlop stock opened at $108.79 on Monday. The business has a 50 day simple moving average of $110.58 and a 200-day simple moving average of $104.75. Walker & Dunlop, Inc. has a 12 month low of $87.20 and a 12 month high of $118.19. The stock has a market capitalization of $3.67 billion, a PE ratio of 38.85 and a beta of 1.53.

Walker & Dunlop (NYSE:WD) last released its 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). The firm had revenue of $292.30 million during the quarter, compared to analyst estimates of $294.24 million. Walker & Dunlop had a return on equity of 9.81% and a net margin of 8.91%. The firm’s revenue was up 8.8% on a year-over-year basis. During the same quarter last year, the business posted $1.11 EPS. As a group, equities research analysts anticipate that Walker & Dunlop, Inc. will post 5.18 EPS for the current year.

Walker & Dunlop Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 22nd were given a dividend of $0.65 per share. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $2.60 annualized dividend and a dividend yield of 2.39%. Walker & Dunlop’s dividend payout ratio is currently 92.86%.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Wolfe Research raised shares of Walker & Dunlop to a “strong-buy” rating in a report on Tuesday, September 24th. StockNews.com raised shares of Walker & Dunlop from a “sell” rating to a “hold” rating in a research report on Sunday, August 11th. Finally, Wedbush lifted their price objective on shares of Walker & Dunlop from $105.00 to $110.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 25th.

Walker & Dunlop 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.