Walker & Dunlop, Inc. (NYSE:WD) Stake Boosted by GAMMA Investing LLC

GAMMA Investing LLC boosted its stake in Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 10,661.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 65,215 shares of the financial services provider's stock after acquiring an additional 64,609 shares during the period. GAMMA Investing LLC owned 0.19% of Walker & Dunlop worth $5,567,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Versant Capital Management Inc grew its position in Walker & Dunlop by 90.5% in the 1st quarter. Versant Capital Management Inc now owns 383 shares of the financial services provider's stock worth $33,000 after purchasing an additional 182 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Walker & Dunlop by 17.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 100,260 shares of the financial services provider's stock valued at $9,746,000 after purchasing an additional 14,647 shares in the last quarter. Twinbeech Capital LP lifted its holdings in shares of Walker & Dunlop by 1,648.3% in the 4th quarter. Twinbeech Capital LP now owns 39,023 shares of the financial services provider's stock valued at $3,793,000 after acquiring an additional 36,791 shares during the last quarter. State of Wyoming purchased a new position in shares of Walker & Dunlop in the 4th quarter worth approximately $96,000. Finally, Thornburg Investment Management Inc. increased its position in Walker & Dunlop by 0.7% during the fourth quarter. Thornburg Investment Management Inc. now owns 138,814 shares of the financial services provider's stock valued at $13,494,000 after acquiring an additional 971 shares during the last quarter. 80.97% of the stock is owned by institutional investors.

Walker & Dunlop Price Performance

Shares of WD stock traded down $0.58 during trading hours on Wednesday, hitting $70.84. The company had a trading volume of 197,761 shares, compared to its average volume of 201,897. The stock has a market capitalization of $2.41 billion, a PE ratio of 22.21 and a beta of 1.56. The company's fifty day moving average is $72.48 and its 200 day moving average is $86.37. Walker & Dunlop, Inc. has a fifty-two week low of $64.48 and a fifty-two week high of $118.19.

Walker & Dunlop (NYSE:WD - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The financial services provider reported $0.85 EPS for the quarter, missing analysts' consensus estimates of $0.98 by ($0.13). The business had revenue of $237.37 million during 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% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.35 EPS. Equities analysts forecast that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current year.

Walker & Dunlop Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th were given a dividend of $0.67 per share. The ex-dividend date was Thursday, May 15th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.78%. Walker & Dunlop's payout ratio is 91.78%.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Keefe, Bruyette & Woods dropped their price objective on 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 downgraded Walker & Dunlop from a "hold" rating to a "sell" rating in a research note on Tuesday, May 6th.

Walker & Dunlop Profile

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.