5,649 Shares in Walker & Dunlop, Inc. (NYSE:WD) Bought by SG Americas Securities LLC

SG Americas Securities LLC acquired a new position in Walker & Dunlop, Inc. (NYSE:WD - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 5,649 shares of the financial services provider's stock, valued at approximately $482,000.

A number of other institutional investors have also made changes to their positions in WD. Rhumbline Advisers grew its stake in shares of Walker & Dunlop by 1.5% in the fourth quarter. Rhumbline Advisers now owns 95,061 shares of the financial services provider's stock worth $9,241,000 after acquiring an additional 1,368 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its holdings in Walker & Dunlop by 6.4% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 19,631 shares of the financial services provider's stock valued at $1,908,000 after purchasing an additional 1,188 shares during the period. Principal Financial Group Inc. grew its position in Walker & Dunlop by 3.0% in the 4th quarter. Principal Financial Group Inc. now owns 156,264 shares of the financial services provider's stock worth $15,190,000 after purchasing an additional 4,580 shares during the last quarter. CIBC Asset Management Inc grew its position in Walker & Dunlop by 46.4% in the 4th quarter. CIBC Asset Management Inc now owns 3,258 shares of the financial services provider's stock worth $317,000 after purchasing an additional 1,032 shares during the last quarter. Finally, Truist Financial Corp increased its holdings in shares of Walker & Dunlop by 489.2% during the 4th quarter. Truist Financial Corp now owns 12,185 shares of the financial services provider's stock worth $1,184,000 after purchasing an additional 10,117 shares during the period. 80.97% of the stock is currently owned by institutional investors.

Walker & Dunlop Price Performance

Shares of NYSE WD traded up $0.41 during midday trading on Tuesday, hitting $70.04. The stock had a trading volume of 169,379 shares, compared to its average volume of 207,444. The firm has a market cap of $2.38 billion, a P/E ratio of 23.98 and a beta of 1.56. Walker & Dunlop, Inc. has a fifty-two week low of $64.48 and a fifty-two week high of $118.19. The company's 50-day simple moving average is $71.08 and its 200 day simple moving average is $83.47.

Walker & Dunlop (NYSE:WD - Get Free Report) last issued its earnings results on Thursday, May 1st. The financial services provider reported $0.85 earnings per share (EPS) for the quarter, missing the consensus estimate 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 EPS. The firm's revenue for the quarter was up 4.1% compared to the same quarter last year. Equities analysts expect that Walker & Dunlop, Inc. will post 4.97 EPS for the current fiscal 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 paid a $0.67 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.83%. Walker & Dunlop's dividend payout ratio (DPR) is presently 91.78%.

Analyst Ratings Changes

WD has been the subject of several research reports. Wall Street Zen cut Walker & Dunlop from a "hold" rating to a "sell" rating in a research report on Tuesday, May 6th. Keefe, Bruyette & Woods dropped their price objective on shares of Walker & Dunlop from $105.00 to $95.00 and set an "outperform" rating for the company in a research note on Thursday, April 17th.

About Walker & Dunlop

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.