GPM Growth Investors Inc. Decreases Stake in Walker & Dunlop, Inc. (NYSE:WD)

GPM Growth Investors Inc. decreased its holdings in shares of Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 63.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,615 shares of the financial services provider's stock after selling 29,354 shares during the quarter. GPM Growth Investors Inc.'s holdings in Walker & Dunlop were worth $1,418,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of WD. Sterling Capital Management LLC increased 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 acquiring an additional 251 shares during the last quarter. First Horizon Advisors Inc. bought a new position in shares of Walker & Dunlop in the first quarter worth about $27,000. Versant Capital Management Inc grew its holdings in shares of Walker & Dunlop by 90.5% in the first 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 last quarter. Parallel Advisors LLC grew its holdings in shares of Walker & Dunlop by 122.0% in the first quarter. Parallel Advisors LLC now owns 444 shares of the financial services provider's stock worth $38,000 after purchasing an additional 244 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Walker & Dunlop by 26.1% in the first quarter. GAMMA Investing LLC now owns 764 shares of the financial services provider's stock worth $65,000 after purchasing an additional 158 shares during the last quarter. Hedge funds and other institutional investors own 80.97% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on WD shares. Wall Street Zen cut shares of Walker & Dunlop from a "hold" rating to a "sell" rating in a report on Tuesday, May 6th. Keefe, Bruyette & Woods dropped their target price 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.

Walker & Dunlop Stock Performance

Walker & Dunlop stock traded down $2.96 during midday trading on Tuesday, hitting $73.40. 269,300 shares of the company's stock were exchanged, compared to its average volume of 211,954. Walker & Dunlop, Inc. has a 12 month low of $64.48 and a 12 month high of $118.19. The firm has a 50-day moving average of $70.64 and a two-hundred day moving average of $80.53. The company has a market cap of $2.49 billion, a PE ratio of 25.14 and a beta of 1.54.

Walker & Dunlop (NYSE:WD - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The financial services provider reported $0.85 EPS for the quarter, missing the consensus estimate of $0.98 by ($0.13). The firm had revenue of $237.37 million for the quarter, compared to analysts' expectations of $260.43 million. Walker & Dunlop had a net margin of 8.68% and a return on equity of 8.99%. The business's quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.35 earnings per share. As a group, equities analysts expect that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current year.

Walker & Dunlop Announces Dividend

The company 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. This represents a $2.68 annualized dividend and a dividend yield of 3.65%. The ex-dividend date of this dividend was Thursday, May 15th. Walker & Dunlop's payout ratio is 91.78%.

Walker & Dunlop Company 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.