US Bancorp DE Buys 5,863 Shares of Walker & Dunlop, Inc. (NYSE:WD)

US Bancorp DE lifted its holdings in Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 177.2% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,172 shares of the financial services provider's stock after buying an additional 5,863 shares during the quarter. US Bancorp DE's holdings in Walker & Dunlop were worth $783,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in WD. Sterling Capital Management LLC raised its holdings in 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 purchasing an additional 251 shares during the last quarter. First Horizon Advisors Inc. bought a new stake in Walker & Dunlop during the 1st quarter worth about $27,000. Versant Capital Management Inc raised its holdings in Walker & Dunlop by 90.5% during 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 raised its holdings in Walker & Dunlop by 122.0% during 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 during the last quarter. Finally, GAMMA Investing LLC raised its holdings in Walker & Dunlop by 26.1% during 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 during the last quarter. 80.97% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on WD. Keefe, Bruyette & Woods decreased their target price on Walker & Dunlop from $105.00 to $95.00 and set an "outperform" rating for the company in a research report on Thursday, April 17th. Wall Street Zen upgraded Walker & Dunlop from a "strong sell" rating to a "hold" rating in a research report on Saturday.

Walker & Dunlop Stock Performance

WD traded up $5.08 during trading hours on Tuesday, reaching $83.34. The company's stock had a trading volume of 344,864 shares, compared to its average volume of 281,277. The firm has a market cap of $2.84 billion, a PE ratio of 25.72 and a beta of 1.57. The company's 50-day moving average is $73.04 and its 200-day moving average is $78.03. Walker & Dunlop, Inc. has a 52 week low of $64.48 and a 52 week high of $118.19.

Walker & Dunlop (NYSE:WD - Get Free Report) last posted its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $275.84 million. During the same quarter in the previous year, the business earned $1.23 EPS. The firm's quarterly revenue was up 17.9% on a year-over-year basis. Equities analysts anticipate that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current fiscal year.

Walker & Dunlop Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 5th. Investors of record on Thursday, August 21st will be paid a $0.67 dividend. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $2.68 annualized dividend and a yield of 3.2%. Walker & Dunlop's dividend payout ratio (DPR) is 82.72%.

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.