Deprince Race & Zollo Inc. Raises Stock Holdings in Walker & Dunlop, Inc. $WD

Deprince Race & Zollo Inc. boosted its holdings in shares of Walker & Dunlop, Inc. (NYSE:WD) by 147.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 537,338 shares of the financial services provider’s stock after acquiring an additional 320,425 shares during the quarter. Deprince Race & Zollo Inc. owned 1.58% of Walker & Dunlop worth $44,932,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Allworth Financial LP lifted its position in shares of Walker & Dunlop by 115.8% during the second quarter. Allworth Financial LP now owns 479 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 257 shares during the last quarter. GAMMA Investing LLC increased its stake in Walker & Dunlop by 65.7% in the 3rd quarter. GAMMA Investing LLC now owns 479 shares of the financial services provider’s stock worth $40,000 after buying an additional 190 shares during the period. Strs Ohio purchased a new position in Walker & Dunlop in the 1st quarter worth about $51,000. CWM LLC lifted its holdings in Walker & Dunlop by 261.6% during the 3rd quarter. CWM LLC now owns 1,338 shares of the financial services provider’s stock valued at $112,000 after buying an additional 968 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in Walker & Dunlop by 13.6% in the 2nd quarter. Janney Montgomery Scott LLC now owns 2,908 shares of the financial services provider’s stock valued at $205,000 after buying an additional 348 shares during the period. Institutional investors own 80.97% of the company’s stock.

Walker & Dunlop Stock Down 0.0%

Walker & Dunlop stock opened at $60.91 on Friday. The firm has a market cap of $2.07 billion, a P/E ratio of 18.07 and a beta of 1.58. The business has a fifty day moving average of $68.40 and a two-hundred day moving average of $75.30. Walker & Dunlop, Inc. has a twelve month low of $60.05 and a twelve month high of $98.90.

Walker & Dunlop (NYSE:WD) last announced its quarterly earnings results on Thursday, November 6th. The financial services provider reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.01. The business had revenue of $337.68 million for the quarter, compared to the consensus estimate of $325.10 million. Walker & Dunlop had a return on equity of 8.85% and a net margin of 9.31%.The business’s revenue was up 15.5% compared to the same quarter last year. During the same period last year, the business posted $1.19 EPS. Equities analysts expect that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current year.

Walker & Dunlop Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 5th. Shareholders of record on Friday, November 21st were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Friday, November 21st. Walker & Dunlop’s dividend payout ratio is presently 79.53%.

Wall Street Analyst Weigh In

WD has been the topic of a number of research analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of Walker & Dunlop in a research note on Monday, December 22nd. Citigroup reissued a “market outperform” rating on shares of Walker & Dunlop in a research note on Friday, December 5th. Keefe, Bruyette & Woods raised their price objective on Walker & Dunlop from $95.00 to $97.00 and gave the stock an “outperform” rating in a report on Thursday, October 9th. JMP Securities set a $95.00 target price on Walker & Dunlop and gave the stock a “market outperform” rating in a report on Friday, October 10th. Finally, Jefferies Financial Group started coverage on Walker & Dunlop in a research report on Friday, December 19th. They set a “buy” rating and a $75.00 price target on the stock. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $90.40.

Walker & Dunlop Company Profile

Walker & Dunlop is one of the largest providers of commercial real estate finance in the United States, specializing in the origination, servicing and sale of loans secured by multifamily, seniors housing, healthcare, student housing and manufactured housing properties. The firm offers a full suite of debt and equity solutions, including agency financing through Fannie Mae and Freddie Mac, HUD and FHA-insured loans, bridge and construction financing, mezzanine debt, preferred equity, and investment sales advisory.

With roots dating back to 1937 and its headquarters in Bethesda, Maryland, Walker & Dunlop has expanded its platform through both organic growth and strategic acquisitions.