XTX Topco Ltd Purchases New Holdings in Walker & Dunlop, Inc. (NYSE:WD)

XTX Topco Ltd acquired a new stake in Walker & Dunlop, Inc. (NYSE:WD - Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 14,714 shares of the financial services provider's stock, valued at approximately $1,256,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in Walker & Dunlop during the fourth quarter worth $40,226,000. Sequoia Financial Advisors LLC acquired a new position in shares of Walker & Dunlop during the 1st quarter worth $22,363,000. Royce & Associates LP lifted its position in shares of Walker & Dunlop by 257.2% during the 1st quarter. Royce & Associates LP now owns 282,688 shares of the financial services provider's stock worth $24,130,000 after buying an additional 203,542 shares during the last quarter. Tributary Capital Management LLC acquired a new stake in Walker & Dunlop in the first quarter valued at about $12,111,000. Finally, Granite Investment Partners LLC bought a new position in Walker & Dunlop in the fourth quarter valued at about $13,338,000. 80.97% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

WD has been the subject of a number of research reports. Wall Street Zen cut shares of Walker & Dunlop from a "hold" rating to a "sell" rating in a report on Tuesday, May 6th. Keefe, Bruyette & Woods lowered 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 report on Thursday, April 17th.

Walker & Dunlop Stock Down 0.8%

Shares of WD stock opened at $74.40 on Friday. Walker & Dunlop, Inc. has a twelve month low of $64.48 and a twelve month high of $118.19. The stock's fifty day simple moving average is $71.55 and its 200 day simple moving average is $78.96. The firm has a market capitalization of $2.53 billion, a P/E ratio of 25.48 and a beta of 1.57.

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

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.

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