Boston Partners Has $33.01 Million Stock Position in Walker & Dunlop, Inc. (NYSE:WD)

Boston Partners lessened its position in shares of Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 2.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 305,260 shares of the financial services provider's stock after selling 8,234 shares during the period. Boston Partners owned approximately 0.91% of Walker & Dunlop worth $33,009,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Bank of New York Mellon Corp increased its stake in Walker & Dunlop by 1.8% in the third quarter. Bank of New York Mellon Corp now owns 390,949 shares of the financial services provider's stock valued at $29,024,000 after purchasing an additional 6,822 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Walker & Dunlop by 14.4% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,985 shares of the financial services provider's stock worth $444,000 after purchasing an additional 753 shares during the last quarter. Strs Ohio lifted its position in Walker & Dunlop by 133.3% in the 3rd quarter. Strs Ohio now owns 700 shares of the financial services provider's stock worth $51,000 after buying an additional 400 shares during the last quarter. Oregon Public Employees Retirement Fund increased its holdings in shares of Walker & Dunlop by 2.1% in the third quarter. Oregon Public Employees Retirement Fund now owns 9,876 shares of the financial services provider's stock worth $733,000 after buying an additional 200 shares during the period. Finally, AlphaMark Advisors LLC bought a new position in Walker & Dunlop during the 3rd quarter valued at approximately $218,000. 80.97% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on WD shares. Wedbush reissued a "neutral" rating and set a $95.00 price target on shares of Walker & Dunlop in a research report on Friday, May 3rd. StockNews.com cut shares of Walker & Dunlop from a "hold" rating to a "sell" rating in a research note on Friday, March 22nd. Finally, Keefe, Bruyette & Woods reiterated a "market perform" rating and set a $105.00 price objective on shares of Walker & Dunlop in a research note on Tuesday, March 26th.

Walker & Dunlop Trading Up 2.0 %

Shares of WD stock traded up $1.98 during trading hours on Wednesday, reaching $102.28. 199,357 shares of the stock were exchanged, compared to its average volume of 220,670. The company's 50-day moving average price is $94.25 and its 200-day moving average price is $93.47. Walker & Dunlop, Inc. has a 12-month low of $62.51 and a 12-month high of $113.67. The firm has a market capitalization of $3.45 billion, a price-to-earnings ratio of 37.34 and a beta of 1.54.

Walker & Dunlop (NYSE:WD - Get Free Report) last announced its earnings results on Thursday, May 2nd. The financial services provider reported $1.19 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.36. The firm had revenue of $228.10 million for the quarter, compared to the consensus estimate of $251.82 million. Walker & Dunlop had a return on equity of 9.16% and a net margin of 8.87%. The firm's revenue for the quarter was down 4.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.17 EPS. On average, sell-side analysts expect that Walker & Dunlop, Inc. will post 5.35 EPS for the current year.

Walker & Dunlop Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Thursday, May 16th will be given a dividend of $0.65 per share. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $2.60 dividend on an annualized basis and a yield of 2.54%. Walker & Dunlop's dividend payout ratio is currently 94.89%.

Insider Transactions at Walker & Dunlop

In other news, EVP Paula A. Pryor sold 4,533 shares of Walker & Dunlop stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $97.33, for a total value of $441,196.89. Following the sale, the executive vice president now directly owns 9,227 shares of the company's stock, valued at $898,063.91. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, EVP Paula A. Pryor sold 4,533 shares of the company's stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $97.33, for a total transaction of $441,196.89. Following the completion of the sale, the executive vice president now owns 9,227 shares of the company's stock, valued at approximately $898,063.91. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Howard W. Smith III sold 20,166 shares of Walker & Dunlop stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $93.56, for a total value of $1,886,730.96. Following the transaction, the director now owns 191,508 shares in the company, valued at approximately $17,917,488.48. The disclosure for this sale can be found here. Insiders sold 30,607 shares of company stock valued at $2,893,252 over the last 90 days. Corporate insiders own 5.26% of the company's stock.

Walker & Dunlop Company Profile

Walker & Dunlop, Inc, through its subsidiaries, originates, sells, and services a range of multifamily and other commercial real estate financing products and services for owners and developers of real estate in the United States. It operates through three segments: Capital Markets, Servicing & Asset Management, and Corporate.