American Century Companies Inc. Has $31.20 Million Stock Holdings in Walker & Dunlop, Inc. $WD

Key Points

• American Century Companies Inc. reduced its stake in Walker & Dunlop, Inc. by 20.2%, holding approximately 1.08% of the company, valued at around $31.2 million as of the latest SEC filing.
• Walker & Dunlop reported earnings of $1.15 per share for the last quarter, falling short of expectations, although it experienced a 17.9% year-over-year increase in revenue.
• The company declared a quarterly dividend of $0.67, with a dividend yield of 3.3%, as it continues to maintain an 82.72% payout ratio.

American Century Companies Inc. lessened its holdings in Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 20.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 365,523 shares of the financial services provider's stock after selling 92,571 shares during the period. American Century Companies Inc. owned about 1.08% of Walker & Dunlop worth $31,201,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of WD. First Horizon Advisors Inc. acquired a new stake in Walker & Dunlop during the first quarter valued at $27,000. Sterling Capital Management LLC boosted its position in Walker & Dunlop by 456.4% during the fourth quarter. Sterling Capital Management LLC now owns 306 shares of the financial services provider's stock valued at $30,000 after purchasing an additional 251 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Walker & Dunlop during the first quarter valued at $32,000. Versant Capital Management Inc boosted its position in Walker & Dunlop by 90.5% during the first quarter. Versant Capital Management Inc now owns 383 shares of the financial services provider's stock valued at $33,000 after purchasing an additional 182 shares during the last quarter. Finally, Parallel Advisors LLC boosted its position in Walker & Dunlop by 122.0% during the first quarter. Parallel Advisors LLC now owns 444 shares of the financial services provider's stock valued at $38,000 after purchasing an additional 244 shares during the last quarter. Institutional investors and hedge funds own 80.97% of the company's stock.

Walker & Dunlop Price Performance

NYSE WD opened at $82.3310 on Friday. Walker & Dunlop, Inc. has a fifty-two week low of $64.48 and a fifty-two week high of $118.19. The stock's 50-day moving average is $75.10 and its two-hundred day moving average is $77.59. The firm has a market cap of $2.81 billion, a P/E ratio of 25.41 and a beta of 1.57.

Walker & Dunlop (NYSE:WD - Get Free Report) last posted its earnings results on Thursday, August 7th. The financial services provider reported $1.15 earnings per share for the quarter, missing the consensus estimate of $1.29 by ($0.14). Walker & Dunlop had a net margin of 9.27% and a return on equity of 8.81%. The company had revenue of $319.24 million for the quarter, compared to the consensus estimate of $275.84 million. During the same quarter last year, the business earned $1.23 earnings per share. Walker & Dunlop's quarterly revenue was up 17.9% on a year-over-year basis. On average, equities analysts expect that Walker & Dunlop, Inc. will post 4.97 EPS for the current year.

Walker & Dunlop Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 5th. Stockholders of record on Thursday, August 21st will be paid a $0.67 dividend. The ex-dividend date is Thursday, August 21st. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.3%. Walker & Dunlop's payout ratio is presently 82.72%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on WD shares. Wall Street Zen raised Walker & Dunlop from a "strong sell" rating to a "hold" rating in a research report on Saturday, August 9th. Wedbush reissued a "neutral" rating and set a $90.00 price objective on shares of Walker & Dunlop in a research report on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $92.50.

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.

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