Allspring Global Investments Holdings LLC Has $3.09 Million Stock Holdings in Walker & Dunlop, Inc. (NYSE:WD)

Allspring Global Investments Holdings LLC lessened its position in shares of Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 53.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,218 shares of the financial services provider's stock after selling 41,167 shares during the period. Allspring Global Investments Holdings LLC owned about 0.11% of Walker & Dunlop worth $3,092,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Norges Bank bought a new position in shares of Walker & Dunlop in the fourth quarter worth $40,226,000. Sequoia Financial Advisors LLC acquired a new position in Walker & Dunlop in the first quarter worth approximately $22,363,000. Loomis Sayles & Co. L P purchased a new position in Walker & Dunlop during the 4th quarter worth approximately $17,384,000. Granite Investment Partners LLC purchased a new position in Walker & Dunlop during the 4th quarter worth approximately $13,338,000. Finally, M.D. Sass LLC grew its position in Walker & Dunlop by 57.4% during the 4th quarter. M.D. Sass LLC now owns 264,855 shares of the financial services provider's stock worth $25,747,000 after purchasing an additional 96,563 shares in the last quarter. Institutional investors own 80.97% of the company's stock.

Walker & Dunlop Trading Up 2.3%

Shares of WD stock traded up $1.71 on Thursday, hitting $76.23. The stock had a trading volume of 392,114 shares, compared to its average volume of 213,137. Walker & Dunlop, Inc. has a twelve month low of $64.48 and a twelve month high of $118.19. The firm has a market cap of $2.59 billion, a P/E ratio of 26.11 and a beta of 1.54. The company has a fifty day moving average price of $70.50 and a two-hundred day moving average price of $81.22.

Walker & Dunlop (NYSE:WD - Get Free Report) last announced its quarterly earnings results 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). Walker & Dunlop had a net margin of 8.68% and a return on equity of 8.99%. The firm had revenue of $237.37 million during the quarter, compared to analyst estimates of $260.43 million. During the same period last year, the firm earned $0.35 EPS. Walker & Dunlop's quarterly revenue was up 4.1% on a year-over-year basis. On average, analysts expect 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 was paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $2.68 annualized dividend and a yield of 3.52%. Walker & Dunlop's dividend payout ratio (DPR) is presently 91.78%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on WD. Wall Street Zen lowered shares of Walker & Dunlop from a "hold" rating to a "sell" rating in a research report on Tuesday, May 6th. Keefe, Bruyette & Woods dropped their price objective on shares of Walker & Dunlop from $105.00 to $95.00 and set an "outperform" rating on the stock in a 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.