Nixon Capital LLC Has $8.53 Million Holdings in Walker & Dunlop, Inc. $WD

Key Points

• Nixon Capital LLC has increased its position in Walker & Dunlop, Inc. by 7.2% during the 1st quarter, acquiring an additional 6,725 shares to reach a total of 99,898 shares.
• Walker & Dunlop reported quarterly earnings of $1.15 per share, missing analysts' estimates by $0.14, but had a revenue of $319.24 million, exceeding expectations.
• The company recently announced a quarterly dividend of $0.67, resulting in an annualized dividend yield of 3.2% and a payout ratio of 82.72%.

Nixon Capital LLC grew its holdings in shares of Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 7.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 99,898 shares of the financial services provider's stock after purchasing an additional 6,725 shares during the period. Walker & Dunlop makes up 2.9% of Nixon Capital LLC's portfolio, making the stock its 18th biggest holding. Nixon Capital LLC owned 0.29% of Walker & Dunlop worth $8,527,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in WD. Sequoia Financial Advisors LLC bought a new position in shares of Walker & Dunlop during the 1st quarter valued at about $22,363,000. Royce & Associates LP boosted its position in shares of Walker & Dunlop by 257.2% during the 1st quarter. Royce & Associates LP now owns 282,688 shares of the financial services provider's stock valued at $24,130,000 after purchasing an additional 203,542 shares in the last quarter. Tributary Capital Management LLC bought a new position in shares of Walker & Dunlop during the 1st quarter valued at about $12,111,000. Nuveen LLC bought a new position in shares of Walker & Dunlop during the 1st quarter valued at about $11,170,000. Finally, Jacobs Levy Equity Management Inc. bought a new position in shares of Walker & Dunlop during the 1st quarter valued at about $9,353,000. Institutional investors own 80.97% of the company's stock.

Insider Transactions at Walker & Dunlop

In other Walker & Dunlop news, EVP Paula A. Pryor sold 5,336 shares of Walker & Dunlop stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $86.20, for a total value of $459,963.20. Following the completion of the sale, the executive vice president directly owned 9,341 shares in the company, valued at $805,194.20. The trade was a 36.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 3.66% of the stock is owned by company insiders.

Walker & Dunlop Stock Up 0.7%

Shares of Walker & Dunlop stock traded up $0.64 on Wednesday, hitting $85.88. 50,439 shares of the company traded hands, compared to its average volume of 241,332. The company has a market cap of $2.93 billion, a PE ratio of 26.52 and a beta of 1.59. Walker & Dunlop, Inc. has a 12-month low of $64.48 and a 12-month high of $118.19. The company has a 50-day moving average price of $79.39 and a 200 day moving average price of $77.11.

Walker & Dunlop (NYSE:WD - Get Free Report) last issued 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 return on equity of 8.81% and a net margin of 9.27%.The firm had revenue of $319.24 million during the quarter, compared to analyst estimates of $275.84 million. During the same period in the previous year, the company earned $1.23 earnings per share. The business's revenue for the quarter was up 17.9% on a year-over-year basis. Equities research analysts anticipate that Walker & Dunlop, Inc. will post 4.97 EPS for the current year.

Walker & Dunlop Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Thursday, August 21st were paid a $0.67 dividend. The ex-dividend date was Thursday, August 21st. This represents a $2.68 dividend on an annualized basis and a yield of 3.1%. Walker & Dunlop's payout ratio is 82.72%.

Wall Street Analysts Forecast Growth

WD has been the subject of several recent analyst reports. Wall Street Zen upgraded shares of Walker & Dunlop from a "strong sell" rating to a "hold" rating in a report on Saturday, August 9th. Wedbush reiterated a "neutral" rating and issued a $90.00 target price on shares of Walker & Dunlop in a report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $92.50.

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.