Walker & Dunlop, Inc. $WD Shares Purchased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd grew its holdings in shares of Walker & Dunlop, Inc. (NYSE:WD) by 137.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,425 shares of the financial services provider’s stock after purchasing an additional 18,186 shares during the period. Y Intercept Hong Kong Ltd owned about 0.09% of Walker & Dunlop worth $2,628,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Royal Bank of Canada grew its holdings in shares of Walker & Dunlop by 41.4% in the first quarter. Royal Bank of Canada now owns 8,196 shares of the financial services provider’s stock valued at $699,000 after purchasing an additional 2,399 shares in the last quarter. AQR Capital Management LLC boosted its position in Walker & Dunlop by 17.5% in the 1st quarter. AQR Capital Management LLC now owns 3,702 shares of the financial services provider’s stock valued at $316,000 after buying an additional 552 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Walker & Dunlop by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,115 shares of the financial services provider’s stock worth $1,632,000 after acquiring an additional 823 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Walker & Dunlop by 7.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 107,730 shares of the financial services provider’s stock worth $9,196,000 after acquiring an additional 7,470 shares during the period. Finally, Jane Street Group LLC raised its stake in shares of Walker & Dunlop by 1,136.3% in the first quarter. Jane Street Group LLC now owns 62,497 shares of the financial services provider’s stock valued at $5,335,000 after acquiring an additional 57,442 shares in the last quarter. Institutional investors and hedge funds own 80.97% of the company’s stock.

Analyst Ratings Changes

WD has been the subject of several analyst reports. Wall Street Zen cut Walker & Dunlop from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. Weiss Ratings restated a “hold (c-)” rating on shares of Walker & Dunlop in a research note on Monday, December 29th. Citigroup reaffirmed a “market outperform” rating on shares of Walker & Dunlop in a report on Friday, December 5th. Keefe, Bruyette & Woods lowered their price target on shares of Walker & Dunlop from $82.00 to $80.00 and set an “outperform” rating for the company in a report on Thursday, January 8th. Finally, JMP Securities set a $95.00 price objective on shares of Walker & Dunlop and gave the company a “market outperform” rating in a report on Friday, October 10th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $87.00.

Walker & Dunlop Stock Performance

WD opened at $64.40 on Wednesday. The business’s 50-day simple moving average is $62.70 and its 200-day simple moving average is $74.07. The stock has a market capitalization of $2.19 billion, a P/E ratio of 19.11 and a beta of 1.56. Walker & Dunlop, Inc. has a one year low of $58.60 and a one year high of $97.00.

Walker & Dunlop (NYSE:WD) last announced its quarterly earnings results on Thursday, November 6th. The financial services provider reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.01. Walker & Dunlop had a net margin of 9.31% and a return on equity of 8.85%. The firm had revenue of $337.68 million for the quarter, compared to analysts’ expectations of $325.10 million. During the same period in the previous year, the company posted $1.19 earnings per share. Walker & Dunlop’s revenue was up 15.5% compared to the same quarter last year. On average, equities research analysts forecast that Walker & Dunlop, Inc. will post 4.97 EPS for the current fiscal year.

Walker & Dunlop Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 5th. Investors of record on Friday, November 21st were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Friday, November 21st. Walker & Dunlop’s dividend payout ratio is 79.53%.

Walker & Dunlop Company Profile

Walker & Dunlop is one of the largest providers of commercial real estate finance in the United States, specializing in the origination, servicing and sale of loans secured by multifamily, seniors housing, healthcare, student housing and manufactured housing properties. The firm offers a full suite of debt and equity solutions, including agency financing through Fannie Mae and Freddie Mac, HUD and FHA-insured loans, bridge and construction financing, mezzanine debt, preferred equity, and investment sales advisory.

With roots dating back to 1937 and its headquarters in Bethesda, Maryland, Walker & Dunlop has expanded its platform through both organic growth and strategic acquisitions.