Davidson Kahn Capital Management LLC Buys New Position in Walker & Dunlop, Inc. (NYSE:WD)

Davidson Kahn Capital Management LLC purchased a new stake in Walker & Dunlop, Inc. (NYSE:WD - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 27,039 shares of the financial services provider's stock, valued at approximately $2,628,000. Walker & Dunlop comprises 2.4% of Davidson Kahn Capital Management LLC's holdings, making the stock its 15th biggest holding. Davidson Kahn Capital Management LLC owned about 0.08% of Walker & Dunlop at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Barclays PLC grew its position 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 valued at $6,420,000 after acquiring an additional 44,748 shares during the period. Franklin Resources Inc. lifted its stake in Walker & Dunlop by 7.6% during the third quarter. Franklin Resources Inc. now owns 44,016 shares of the financial services provider's stock worth $4,921,000 after purchasing an additional 3,101 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Walker & Dunlop by 29.3% in the third quarter. JPMorgan Chase & Co. now owns 72,649 shares of the financial services provider's stock worth $8,252,000 after acquiring an additional 16,481 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Walker & Dunlop by 4.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,723 shares of the financial services provider's stock valued at $556,000 after buying an additional 256 shares in the last quarter. Finally, Harbor Capital Advisors Inc. boosted its stake in shares of Walker & Dunlop by 8.2% during the fourth quarter. Harbor Capital Advisors Inc. now owns 10,089 shares of the financial services provider's stock valued at $981,000 after purchasing an additional 763 shares in the last quarter. 80.97% of the stock is currently owned by institutional investors.

Insider Transactions at Walker & Dunlop

In other Walker & Dunlop news, CEO William M. Walker bought 17,500 shares of Walker & Dunlop stock in a transaction dated Thursday, March 6th. The shares were purchased at an average cost of $86.21 per share, for a total transaction of $1,508,675.00. Following the acquisition, the chief executive officer now directly owns 411,271 shares in the company, valued at approximately $35,455,672.91. This represents a 4.44 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 3.66% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods cut 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 note on Thursday, April 17th.

Walker & Dunlop Stock Down 0.9 %

Shares of Walker & Dunlop stock traded down $0.66 on Tuesday, hitting $71.91. The stock had a trading volume of 78,586 shares, compared to its average volume of 193,284. The stock has a market cap of $2.44 billion, a price-to-earnings ratio of 22.57 and a beta of 1.64. Walker & Dunlop, Inc. has a one year low of $69.59 and a one year high of $118.19. The stock's 50-day simple moving average is $80.45 and its two-hundred day simple moving average is $93.43.

Walker & Dunlop (NYSE:WD - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The financial services provider reported $0.85 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.98 by ($0.13). The business had revenue of $237.37 million for the quarter, compared to analysts' expectations of $260.43 million. Walker & Dunlop had a net margin of 9.55% and a return on equity of 9.64%. The company's revenue was up 4.1% on a year-over-year basis. During the same period last year, the business earned $0.35 earnings per share. As a group, equities analysts predict that Walker & Dunlop, Inc. will post 4.97 EPS for the current fiscal year.

Walker & Dunlop Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Thursday, May 15th will be given a dividend of $0.67 per share. The ex-dividend date is Thursday, May 15th. This represents a $2.68 annualized dividend and a yield of 3.73%. Walker & Dunlop's dividend payout ratio (DPR) is 91.78%.

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.