SG Americas Securities LLC Buys 22,571 Shares of Walker & Dunlop, Inc. $WD

SG Americas Securities LLC grew its position in Walker & Dunlop, Inc. (NYSE:WD) by 45.5% during the 1st quarter, Holdings Channel reports. The firm owned 72,175 shares of the financial services provider’s stock after purchasing an additional 22,571 shares during the quarter. SG Americas Securities LLC’s holdings in Walker & Dunlop were worth $3,203,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in WD. Flagship Harbor Advisors LLC acquired a new stake in shares of Walker & Dunlop during the 4th quarter worth about $25,000. Huntington National Bank boosted its position in Walker & Dunlop by 49.6% in the third quarter. Huntington National Bank now owns 585 shares of the financial services provider’s stock valued at $49,000 after buying an additional 194 shares in the last quarter. Strs Ohio acquired a new position in Walker & Dunlop in the first quarter valued at about $51,000. Caitong International Asset Management Co. Ltd boosted its position in Walker & Dunlop by 1,398.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 734 shares of the financial services provider’s stock valued at $44,000 after buying an additional 685 shares in the last quarter. Finally, Empowered Funds LLC bought a new stake in Walker & Dunlop during the fourth quarter worth about $62,000. Institutional investors own 80.97% of the company’s stock.

Analyst Upgrades and Downgrades

WD has been the subject of several recent analyst reports. Wall Street Zen raised shares of Walker & Dunlop from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings downgraded Walker & Dunlop from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, May 28th. Stephens started coverage on Walker & Dunlop in a research report on Thursday, April 23rd. They set an “overweight” rating and a $69.00 price target on the stock. Finally, Keefe, Bruyette & Woods increased their price target on Walker & Dunlop from $65.00 to $67.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Five research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $79.20.

Walker & Dunlop Stock Up 1.9%

Walker & Dunlop stock opened at $54.86 on Wednesday. The stock has a 50-day simple moving average of $51.55 and a 200 day simple moving average of $54.43. Walker & Dunlop, Inc. has a 12-month low of $42.12 and a 12-month high of $90.00. The stock has a market capitalization of $1.88 billion, a price-to-earnings ratio of 27.16 and a beta of 1.50.

Walker & Dunlop Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st were given a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 5.0%. The ex-dividend date was Thursday, May 21st. Walker & Dunlop’s dividend payout ratio (DPR) is presently 134.65%.

Walker & Dunlop 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.