First Sabrepoint Capital Management LP Has $8.95 Million Stock Position in Walker & Dunlop, Inc. (NYSE:WD)

First Sabrepoint Capital Management LP trimmed its holdings in Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 38.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 92,058 shares of the financial services provider's stock after selling 57,942 shares during the quarter. Walker & Dunlop makes up about 2.4% of First Sabrepoint Capital Management LP's holdings, making the stock its 13th biggest position. First Sabrepoint Capital Management LP owned 0.27% of Walker & Dunlop worth $8,949,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of WD. FJ Capital Management LLC acquired a new position in shares of Walker & Dunlop during the 4th quarter valued at about $3,413,000. Deutsche Bank AG grew its position in Walker & Dunlop by 9.4% in the fourth quarter. Deutsche Bank AG now owns 102,894 shares of the financial services provider's stock valued at $10,002,000 after acquiring an additional 8,879 shares in the last quarter. Gallagher Fiduciary Advisors LLC boosted its stake in shares of Walker & Dunlop by 17.2% during the 4th quarter. Gallagher Fiduciary Advisors LLC now owns 3,993 shares of the financial services provider's stock valued at $388,000 after buying an additional 586 shares during the last quarter. Davidson Kahn Capital Management LLC purchased a new position in shares of Walker & Dunlop during the 4th quarter valued at approximately $2,628,000. Finally, Northern Trust Corp lifted its stake in Walker & Dunlop by 6.4% during the fourth quarter. Northern Trust Corp now owns 437,665 shares of the financial services provider's stock worth $42,545,000 after purchasing an additional 26,461 shares during the last quarter. 80.97% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

WD has been the topic of several research analyst reports. Keefe, Bruyette & Woods reduced their price objective on Walker & Dunlop from $105.00 to $95.00 and set an "outperform" rating on the stock in a research note on Thursday, April 17th. StockNews.com cut Walker & Dunlop from a "hold" rating to a "sell" rating in a research note on Tuesday, May 6th.

Insider Buying and Selling at Walker & Dunlop

In related news, CEO William M. Walker purchased 17,500 shares of the firm's stock in a transaction on Thursday, March 6th. The stock was purchased at an average cost of $86.21 per share, for a total transaction of $1,508,675.00. Following the completion of the purchase, the chief executive officer now directly owns 411,271 shares in the company, valued at $35,455,672.91. This trade represents a 4.44% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 3.66% of the company's stock.

Walker & Dunlop Price Performance

Shares of WD stock traded down $0.79 during trading on Friday, reaching $70.79. The company had a trading volume of 252,012 shares, compared to its average volume of 195,457. The firm's 50 day simple moving average is $79.42 and its two-hundred day simple moving average is $92.29. Walker & Dunlop, Inc. has a one year low of $69.59 and a one year high of $118.19. The company has a market capitalization of $2.41 billion, a PE ratio of 22.19 and a beta of 1.64.

Walker & Dunlop (NYSE:WD - Get Free Report) last announced its quarterly earnings results 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). The company had revenue of $237.37 million during the quarter, compared to analyst estimates of $260.43 million. Walker & Dunlop had a net margin of 9.55% and a return on equity of 9.64%. Walker & Dunlop's quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.35 EPS. Analysts forecast that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current year.

Walker & Dunlop Dividend Announcement

The company also recently announced 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 3.79%. Walker & Dunlop's payout ratio is currently 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.