Walker & Dunlop, Inc. (NYSE:WD) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lessened its holdings in shares of Walker & Dunlop, Inc. (NYSE:WD) by 2.5% in the first quarter, according to its most recent filing with the SEC. The firm owned 11,839 shares of the financial services provider’s stock after selling 308 shares during the quarter. Yousif Capital Management LLC’s holdings in Walker & Dunlop were worth $1,011,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Rhumbline Advisers boosted its stake in Walker & Dunlop by 1.5% during the fourth quarter. Rhumbline Advisers now owns 95,061 shares of the financial services provider’s stock valued at $9,241,000 after buying an additional 1,368 shares in the last quarter. State of New Jersey Common Pension Fund D boosted its position in shares of Walker & Dunlop by 6.4% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 19,631 shares of the financial services provider’s stock valued at $1,908,000 after purchasing an additional 1,188 shares in the last quarter. Principal Financial Group Inc. lifted its stake in Walker & Dunlop by 3.0% during the fourth quarter. Principal Financial Group Inc. now owns 156,264 shares of the financial services provider’s stock valued at $15,190,000 after purchasing an additional 4,580 shares during the last quarter. CIBC Asset Management Inc boosted its holdings in Walker & Dunlop by 46.4% during the fourth quarter. CIBC Asset Management Inc now owns 3,258 shares of the financial services provider’s stock worth $317,000 after buying an additional 1,032 shares in the last quarter. Finally, Truist Financial Corp boosted its holdings in Walker & Dunlop by 489.2% during the fourth quarter. Truist Financial Corp now owns 12,185 shares of the financial services provider’s stock worth $1,184,000 after buying an additional 10,117 shares in the last quarter. Institutional investors and hedge funds own 80.97% of the company’s stock.

Walker & Dunlop Trading Up 1.0%

Shares of Walker & Dunlop stock opened at $66.67 on Thursday. The stock has a 50-day moving average price of $71.54 and a 200 day moving average price of $84.77. The company has a market cap of $2.27 billion, a P/E ratio of 22.83 and a beta of 1.56. Walker & Dunlop, Inc. has a 1 year low of $64.48 and a 1 year high of $118.19.

Walker & Dunlop (NYSE:WD) last announced its quarterly earnings data on Thursday, May 1st. The financial services provider reported $0.85 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by ($0.13). The business had revenue of $237.37 million during the quarter, compared to analysts’ expectations of $260.43 million. Walker & Dunlop had a return on equity of 8.99% and a net margin of 8.68%. The firm’s revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.35 earnings per share. On average, equities analysts forecast that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current fiscal year.

Walker & Dunlop Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th were given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 4.02%. The ex-dividend date of this dividend was Thursday, May 15th. Walker & Dunlop’s payout ratio is currently 91.78%.

Wall Street Analysts Forecast Growth

WD has been the subject of several analyst reports. Wall Street Zen downgraded Walker & Dunlop from a “hold” rating to a “sell” rating in a report on Tuesday, May 6th. Keefe, Bruyette & Woods dropped their target price on shares of Walker & Dunlop from $105.00 to $95.00 and set an “outperform” rating on the stock in a research report on Thursday, April 17th.

About Walker & Dunlop

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.