Victory Capital Management Inc. Cuts Stake in Walker & Dunlop, Inc. (NYSE:WD)

Victory Capital Management Inc. reduced its holdings in shares of Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 1.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,393,869 shares of the financial services provider's stock after selling 24,139 shares during the period. Victory Capital Management Inc. owned about 4.10% of Walker & Dunlop worth $118,981,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC lifted its position in Walker & Dunlop by 26.1% during the first quarter. GAMMA Investing LLC now owns 764 shares of the financial services provider's stock valued at $65,000 after purchasing an additional 158 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 acquiring an additional 182 shares during the last quarter. Summit Investment Advisors Inc. lifted its holdings in shares of Walker & Dunlop by 5.9% in the 4th quarter. Summit Investment Advisors Inc. now owns 3,362 shares of the financial services provider's stock worth $327,000 after acquiring an additional 187 shares during the last quarter. Xponance Inc. lifted its holdings in shares of Walker & Dunlop by 9.5% in the 4th quarter. Xponance Inc. now owns 2,308 shares of the financial services provider's stock worth $224,000 after acquiring an additional 201 shares during the last quarter. Finally, Mariner LLC lifted its holdings in shares of Walker & Dunlop by 4.6% in the 4th quarter. Mariner LLC now owns 4,886 shares of the financial services provider's stock worth $475,000 after acquiring an additional 213 shares during the last quarter. 80.97% of the stock is owned by hedge funds and other institutional investors.

Walker & Dunlop Trading Down 0.7%

Shares of WD stock traded down $0.54 during trading hours on Thursday, hitting $73.81. The company's stock had a trading volume of 231,130 shares, compared to its average volume of 211,054. The company has a 50 day moving average of $70.74 and a 200 day moving average of $80.44. The stock has a market cap of $2.51 billion, a PE ratio of 25.28 and a beta of 1.54. Walker & Dunlop, Inc. has a 12-month low of $64.48 and a 12-month high of $118.19.

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

Walker & Dunlop Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Investors of record on Thursday, May 15th were given a $0.67 dividend. The ex-dividend date was Thursday, May 15th. This represents a $2.68 annualized dividend and a yield of 3.63%. Walker & Dunlop's dividend payout ratio (DPR) is 91.78%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Keefe, Bruyette & Woods lowered their target price on shares of Walker & Dunlop from $105.00 to $95.00 and set an "outperform" rating for the company in a report on Thursday, April 17th. Wall Street Zen lowered shares of Walker & Dunlop from a "hold" rating to a "sell" rating in a report on Tuesday, May 6th.

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.