Tributary Capital Management LLC Makes New Investment in Walker & Dunlop, Inc. (NYSE:WD)

Tributary Capital Management LLC purchased a new position in Walker & Dunlop, Inc. (NYSE:WD - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 141,882 shares of the financial services provider's stock, valued at approximately $12,111,000. Tributary Capital Management LLC owned approximately 0.42% of Walker & Dunlop as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. purchased a new stake in shares of Walker & Dunlop during the first quarter worth $27,000. Sterling Capital Management LLC boosted its position in shares of Walker & Dunlop by 456.4% during the 4th quarter. Sterling Capital Management LLC now owns 306 shares of the financial services provider's stock valued at $30,000 after acquiring an additional 251 shares during the last quarter. Versant Capital Management Inc boosted its position in shares of Walker & Dunlop by 90.5% during the 1st quarter. Versant Capital Management Inc now owns 383 shares of the financial services provider's stock valued at $33,000 after acquiring an additional 182 shares during the last quarter. Parallel Advisors LLC boosted its position in shares of Walker & Dunlop by 122.0% during the 1st quarter. Parallel Advisors LLC now owns 444 shares of the financial services provider's stock valued at $38,000 after acquiring an additional 244 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of Walker & Dunlop by 26.1% during the 1st quarter. GAMMA Investing LLC now owns 764 shares of the financial services provider's stock valued at $65,000 after acquiring an additional 158 shares during the last quarter. Hedge funds and other institutional investors own 80.97% of the company's stock.

Walker & Dunlop Trading Down 0.7%

NYSE:WD traded down $0.54 on Thursday, hitting $73.81. 231,130 shares of the company's stock traded hands, compared to its average volume of 211,054. The company has a market cap of $2.51 billion, a PE ratio of 25.28 and a beta of 1.54. The firm has a 50-day moving average price of $70.74 and a 200-day moving average price of $80.44. Walker & Dunlop, Inc. has a 1 year low of $64.48 and a 1 year high of $118.19.

Walker & Dunlop (NYSE:WD - Get Free Report) last announced its 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 company had revenue of $237.37 million for the quarter, compared to the consensus estimate 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 for the quarter was up 4.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.35 EPS. On average, research analysts forecast that Walker & Dunlop, Inc. will post 4.97 EPS for the current fiscal year.

Walker & Dunlop Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 29th. Investors of record on Thursday, May 15th were paid a $0.67 dividend. The ex-dividend date was Thursday, May 15th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.63%. Walker & Dunlop's payout ratio is 91.78%.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. 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. Wall Street Zen lowered shares of Walker & Dunlop from a "hold" rating to a "sell" rating in a report on Tuesday, May 6th.

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.