GPM Growth Investors Inc. Has $1.42 Million Stock Holdings in Walker & Dunlop, Inc. (NYSE:WD)

GPM Growth Investors Inc. reduced its holdings in shares of Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 63.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund 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 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Sterling Capital Management LLC lifted 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 worth $30,000 after buying an additional 251 shares during the last quarter. First Horizon Advisors Inc. acquired a new position in Walker & Dunlop in the 1st quarter worth about $27,000. Versant Capital Management Inc increased its holdings 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 in the last quarter. Parallel Advisors LLC increased its holdings in Walker & Dunlop by 122.0% in the 1st quarter. Parallel Advisors LLC now owns 444 shares of the financial services provider's stock worth $38,000 after purchasing an additional 244 shares in the last quarter. Finally, GAMMA Investing LLC increased its holdings in Walker & Dunlop by 26.1% in the 1st quarter. GAMMA Investing LLC now owns 764 shares of the financial services provider's stock worth $65,000 after purchasing an additional 158 shares in the last quarter. 80.97% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on WD. Wall Street Zen cut Walker & Dunlop from a "hold" rating to a "sell" rating in a report on Tuesday, May 6th. Keefe, Bruyette & Woods lowered their target price on Walker & Dunlop from $105.00 to $95.00 and set an "outperform" rating for the company in a report on Thursday, April 17th.

Walker & Dunlop Trading Down 2.5%

WD traded down $1.83 on Friday, reaching $71.89. The stock had a trading volume of 123,403 shares, compared to its average volume of 210,876. Walker & Dunlop, Inc. has a fifty-two week low of $64.48 and a fifty-two week high of $118.19. The firm has a 50-day moving average of $70.78 and a 200-day moving average of $80.29. The company has a market capitalization of $2.44 billion, a price-to-earnings ratio of 24.66 and a beta of 1.54.

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

Walker & Dunlop Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th were paid a $0.67 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $2.68 annualized dividend and a dividend yield of 3.73%. 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.