Sequoia Financial Advisors LLC Invests $22.36 Million in Walker & Dunlop, Inc. (NYSE:WD)

Sequoia Financial Advisors LLC purchased a new position in shares of Walker & Dunlop, Inc. (NYSE:WD - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 261,980 shares of the financial services provider's stock, valued at approximately $22,363,000. Sequoia Financial Advisors LLC owned about 0.77% of Walker & Dunlop as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Sterling Capital Management LLC boosted its position in Walker & Dunlop by 456.4% in the 4th quarter. Sterling Capital Management LLC now owns 306 shares of the financial services provider's stock valued at $30,000 after buying an additional 251 shares during the last quarter. Versant Capital Management Inc lifted its holdings in shares of 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 last quarter. Parallel Advisors LLC lifted its stake in Walker & Dunlop by 122.0% in the first quarter. Parallel Advisors LLC now owns 444 shares of the financial services provider's stock valued at $38,000 after buying an additional 244 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in shares of Walker & Dunlop by 230.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 751 shares of the financial services provider's stock valued at $72,000 after purchasing an additional 524 shares during the period. Finally, GAMMA Investing LLC raised its stake in Walker & Dunlop by 26.1% during the 1st quarter. GAMMA Investing LLC now owns 764 shares of the financial services provider's stock valued at $65,000 after acquiring an additional 158 shares in the last quarter. Institutional investors and hedge funds own 80.97% of the company's stock.

Walker & Dunlop Stock Performance

Shares of Walker & Dunlop stock traded up $0.19 on Friday, hitting $70.51. The stock had a trading volume of 28,238 shares, compared to its average volume of 224,182. The stock has a 50 day moving average of $70.93 and a 200 day moving average of $83.12. Walker & Dunlop, Inc. has a twelve month low of $64.48 and a twelve month high of $118.19. The firm has a market capitalization of $2.40 billion, a P/E ratio of 24.15 and a beta of 1.56.

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

Walker & Dunlop Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th were paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 3.80%. The ex-dividend date was Thursday, May 15th. Walker & Dunlop's dividend payout ratio (DPR) is presently 91.78%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on WD. Wall Street Zen downgraded shares of Walker & Dunlop from a "hold" rating to a "sell" rating in a research note on Tuesday, May 6th. Keefe, Bruyette & Woods decreased their target price on 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 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.