Twinbeech Capital LP Increases Holdings in Walker & Dunlop, Inc. (NYSE:WD)

Twinbeech Capital LP raised its stake in Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 1,648.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,023 shares of the financial services provider's stock after buying an additional 36,791 shares during the period. Twinbeech Capital LP owned about 0.12% of Walker & Dunlop worth $3,793,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in WD. Barclays PLC raised its position in Walker & Dunlop by 380.1% in the 3rd quarter. Barclays PLC now owns 56,520 shares of the financial services provider's stock worth $6,420,000 after purchasing an additional 44,748 shares during the period. KBC Group NV raised its holdings in Walker & Dunlop by 33.6% during the 4th quarter. KBC Group NV now owns 1,607 shares of the financial services provider's stock valued at $156,000 after buying an additional 404 shares during the last quarter. Crewe Advisors LLC grew its stake in shares of Walker & Dunlop by 42.9% in the fourth quarter. Crewe Advisors LLC now owns 2,000 shares of the financial services provider's stock worth $194,000 after purchasing an additional 600 shares during the last quarter. Kingsview Wealth Management LLC purchased a new position in Walker & Dunlop during the 4th quarter valued at about $1,764,000. Finally, Rhumbline Advisers raised its position in Walker & Dunlop by 1.5% during the 4th quarter. Rhumbline Advisers now owns 95,061 shares of the financial services provider's stock valued at $9,241,000 after purchasing an additional 1,368 shares during the last quarter. Hedge funds and other institutional investors own 80.97% of the company's stock.

Insider Activity at Walker & Dunlop

In related news, CEO William M. Walker bought 17,500 shares of the company's stock in a transaction on Thursday, March 6th. The shares were acquired at an average cost of $86.21 per share, for a total transaction of $1,508,675.00. Following the purchase, the chief executive officer now directly owns 411,271 shares of the company's stock, valued at approximately $35,455,672.91. The trade was a 4.44% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.66% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

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

Walker & Dunlop Stock Performance

Shares of NYSE WD traded down $0.37 during midday trading on Monday, hitting $66.43. 176,962 shares of the company traded hands, compared to its average volume of 199,502. The stock has a 50-day moving average price of $76.51 and a 200 day moving average price of $89.56. The firm has a market cap of $2.26 billion, a P/E ratio of 20.82 and a beta of 1.64. 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 issued its quarterly earnings data on Thursday, May 1st. The financial services provider reported $0.85 EPS for the quarter, missing the consensus estimate of $0.98 by ($0.13). Walker & Dunlop had a return on equity of 9.64% and a net margin of 9.55%. The firm had revenue of $237.37 million during the quarter, compared to the consensus estimate of $260.43 million. During the same period in the previous year, the firm earned $0.35 EPS. The business's revenue was up 4.1% on a year-over-year basis. As a group, equities analysts expect that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current year.

Walker & Dunlop Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Thursday, May 15th will be given a dividend of $0.67 per share. The ex-dividend date is Thursday, May 15th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 4.03%. Walker & Dunlop's payout ratio is 91.78%.

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.