Walker & Dunlop, Inc. (NYSE:WD) Shares Sold by Millennium Management LLC

Millennium Management LLC reduced its position in Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 67.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 14,266 shares of the financial services provider's stock after selling 30,104 shares during the quarter. Millennium Management LLC's holdings in Walker & Dunlop were worth $1,387,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of WD. Smartleaf Asset Management LLC increased its position 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 buying an additional 524 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Walker & Dunlop during the 4th quarter valued at about $687,000. O Shaughnessy Asset Management LLC raised its position in Walker & Dunlop by 8.5% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 5,766 shares of the financial services provider's stock worth $561,000 after acquiring an additional 452 shares during the last quarter. Barclays PLC raised its position in Walker & Dunlop by 380.1% during the third quarter. Barclays PLC now owns 56,520 shares of the financial services provider's stock worth $6,420,000 after acquiring an additional 44,748 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Walker & Dunlop in the fourth quarter valued at about $40,226,000. 80.97% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on WD. Keefe, Bruyette & Woods cut their price objective 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 downgraded Walker & Dunlop from a "hold" rating to a "sell" rating in a research report on Tuesday, May 6th.

Walker & Dunlop Price Performance

NYSE:WD traded up $0.92 on Friday, reaching $68.30. The stock had a trading volume of 112,082 shares, compared to its average volume of 201,032. The company has a market cap of $2.32 billion, a price-to-earnings ratio of 21.41 and a beta of 1.56. The firm's fifty day moving average is $72.97 and its two-hundred day moving average is $87.01. 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 released its earnings results 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 9.55% and a return on equity of 9.64%. Walker & Dunlop's revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter last year, the company posted $0.35 earnings per share. As a group, research analysts forecast that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current fiscal year.

Walker & Dunlop Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th were issued 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 yield of 3.92%. Walker & Dunlop's dividend payout ratio (DPR) is 91.78%.

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.