Walker & Dunlop, Inc. $WD Shares Sold by Swiss National Bank

Swiss National Bank lessened its position in shares of Walker & Dunlop, Inc. (NYSE:WD) by 1.5% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 65,400 shares of the financial services provider’s stock after selling 1,000 shares during the quarter. Swiss National Bank owned approximately 0.19% of Walker & Dunlop worth $5,583,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Janus Henderson Group PLC increased its position in Walker & Dunlop by 0.5% during the 4th quarter. Janus Henderson Group PLC now owns 1,845,100 shares of the financial services provider’s stock worth $179,355,000 after purchasing an additional 8,571 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its position in Walker & Dunlop by 0.7% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,197,571 shares of the financial services provider’s stock worth $116,416,000 after purchasing an additional 8,683 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in Walker & Dunlop by 0.7% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 463,191 shares of the financial services provider’s stock worth $39,538,000 after purchasing an additional 3,069 shares in the last quarter. Northern Trust Corp increased its position in Walker & Dunlop by 6.4% during the 4th quarter. Northern Trust Corp now owns 437,665 shares of the financial services provider’s stock worth $42,545,000 after purchasing an additional 26,461 shares in the last quarter. Finally, Royce & Associates LP increased its position in Walker & Dunlop by 257.2% during the 1st quarter. Royce & Associates LP now owns 282,688 shares of the financial services provider’s stock worth $24,130,000 after purchasing an additional 203,542 shares in the last quarter. Institutional investors and hedge funds own 80.97% of the company’s stock.

Walker & Dunlop Price Performance

WD opened at $84.05 on Tuesday. The stock has a market capitalization of $2.86 billion, a price-to-earnings ratio of 25.94 and a beta of 1.57. The business has a 50-day moving average of $74.31 and a two-hundred day moving average of $77.57. Walker & Dunlop, Inc. has a 12 month low of $64.48 and a 12 month high of $118.19.

Walker & Dunlop (NYSE:WD) last posted its quarterly earnings results on Thursday, August 7th. The financial services provider reported $1.15 EPS for the quarter, missing the consensus estimate of $1.29 by ($0.14). The business had revenue of $319.24 million during the quarter, compared to analysts’ expectations of $275.84 million. Walker & Dunlop had a net margin of 9.27% and a return on equity of 8.81%. The firm’s quarterly revenue was up 17.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.23 EPS. Equities research analysts anticipate that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current year.

Walker & Dunlop Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 5th. Shareholders of record on Thursday, August 21st will be issued a $0.67 dividend. The ex-dividend date is Thursday, August 21st. This represents a $2.68 annualized dividend and a yield of 3.2%. Walker & Dunlop’s payout ratio is 82.72%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on WD. Wall Street Zen upgraded Walker & Dunlop from a “strong sell” rating to a “hold” rating in a research report on Saturday, August 9th. Wedbush restated a “neutral” rating and issued a $90.00 price target on shares of Walker & Dunlop in a report on Thursday, August 14th.

Walker & Dunlop Company Profile

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.