NFJ Investment Group LLC Has $2.83 Million Stake in Walker & Dunlop, Inc. (NYSE:WD)

NFJ Investment Group LLC trimmed its holdings in shares of Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 34.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,092 shares of the financial services provider's stock after selling 15,029 shares during the period. NFJ Investment Group LLC owned approximately 0.09% of Walker & Dunlop worth $2,828,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Sterling Capital Management LLC increased its stake in Walker & Dunlop by 456.4% in the 4th quarter. Sterling Capital Management LLC now owns 306 shares of the financial services provider's stock valued at $30,000 after buying an additional 251 shares during the period. National Bank of Canada FI grew its stake in Walker & Dunlop by 42.2% in the third quarter. National Bank of Canada FI now owns 391 shares of the financial services provider's stock valued at $44,000 after purchasing an additional 116 shares in the last quarter. Smartleaf Asset Management LLC increased its position in Walker & Dunlop by 230.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 751 shares of the financial services provider's stock worth $72,000 after purchasing an additional 524 shares during the last quarter. KBC Group NV lifted its holdings in shares of 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. Finally, Quantbot Technologies LP bought a new stake in shares of Walker & Dunlop in the 4th quarter valued at approximately $178,000. 80.97% of the stock is owned by hedge funds and other institutional investors.

Walker & Dunlop Stock Up 2.3 %

WD stock traded up $1.67 during mid-day trading on Tuesday, reaching $73.72. 28,316 shares of the stock traded hands, compared to its average volume of 219,618. The business has a 50-day moving average of $82.35 and a two-hundred day moving average of $96.01. The firm has a market capitalization of $2.50 billion, a PE ratio of 23.11 and a beta of 1.42. Walker & Dunlop, Inc. has a 52 week low of $69.59 and a 52 week high of $118.19.

Walker & Dunlop (NYSE:WD - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The financial services provider reported $1.34 EPS for the quarter, missing the consensus estimate of $1.52 by ($0.18). Walker & Dunlop had a return on equity of 9.64% and a net margin of 9.55%. The business had revenue of $341.45 million during the quarter, compared to the consensus estimate of $316.82 million. On average, equities research analysts anticipate that Walker & Dunlop, Inc. will post 4.97 EPS for the current fiscal year.

Walker & Dunlop Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 3.64%. This is a positive change from Walker & Dunlop's previous quarterly dividend of $0.65. The ex-dividend date of this dividend was Friday, February 28th. Walker & Dunlop's dividend payout ratio (DPR) is currently 84.01%.

Insider Activity

In related news, CEO William M. Walker acquired 17,500 shares of the firm's stock in a transaction on Thursday, March 6th. The shares were bought at an average cost of $86.21 per share, with a total value of $1,508,675.00. Following the completion of the acquisition, the chief executive officer now owns 411,271 shares of the company's stock, 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 document filed with the SEC, which is available through this hyperlink. 3.66% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods decreased their target price 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 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.