Janus Henderson Group PLC increased its stake in Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 0.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,845,100 shares of the financial services provider's stock after acquiring an additional 8,571 shares during the quarter. Janus Henderson Group PLC owned 5.46% of Walker & Dunlop worth $179,355,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of WD. FJ Capital Management LLC acquired a new stake in Walker & Dunlop in the 4th quarter valued at $3,413,000. Deutsche Bank AG grew its position in Walker & Dunlop by 9.4% in the 4th quarter. Deutsche Bank AG now owns 102,894 shares of the financial services provider's stock valued at $10,002,000 after purchasing an additional 8,879 shares during the period. Gallagher Fiduciary Advisors LLC grew its position in Walker & Dunlop by 17.2% in the 4th quarter. Gallagher Fiduciary Advisors LLC now owns 3,993 shares of the financial services provider's stock valued at $388,000 after purchasing an additional 586 shares during the period. Davidson Kahn Capital Management LLC acquired a new stake in Walker & Dunlop in the 4th quarter valued at $2,628,000. Finally, Northern Trust Corp grew its position in Walker & Dunlop by 6.4% in the 4th quarter. Northern Trust Corp now owns 437,665 shares of the financial services provider's stock valued at $42,545,000 after purchasing an additional 26,461 shares during the period. Institutional investors own 80.97% of the company's stock.
Analysts Set New Price Targets
Several analysts recently issued reports on WD shares. StockNews.com downgraded shares of Walker & Dunlop from a "hold" rating to a "sell" rating in a research report on Tuesday, May 6th. Keefe, Bruyette & Woods reduced their price target 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.
Check Out Our Latest Stock Analysis on Walker & Dunlop
Walker & Dunlop Price Performance
WD opened at $70.79 on Monday. The company has a market capitalization of $2.41 billion, a price-to-earnings ratio of 22.19 and a beta of 1.64. The firm's fifty day moving average price is $79.42 and its two-hundred day moving average price is $92.29. Walker & Dunlop, Inc. has a 1 year low of $69.59 and a 1 year high of $118.19.
Walker & Dunlop (NYSE:WD - Get Free Report) last posted 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 for the quarter, compared to analysts' expectations of $260.43 million. Walker & Dunlop had a return on equity of 9.64% and a net margin of 9.55%. Walker & Dunlop's 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 earnings per share. As a group, equities analysts anticipate that Walker & Dunlop, Inc. will post 4.97 EPS for the current year.
Walker & Dunlop Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date of this dividend is Thursday, May 15th. Walker & Dunlop's dividend payout ratio is 91.78%.
Insiders Place Their Bets
In related news, CEO William M. Walker purchased 17,500 shares of Walker & Dunlop stock in a transaction that occurred on Thursday, March 6th. The stock was bought at an average price of $86.21 per share, for a total transaction of $1,508,675.00. Following the completion of the transaction, the chief executive officer now owns 411,271 shares in the company, valued at $35,455,672.91. This represents a 4.44% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 3.66% of the company's stock.
About Walker & Dunlop
(
Free Report)
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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