FJ Capital Management LLC Invests $3.41 Million in Walker & Dunlop, Inc. (NYSE:WD)

FJ Capital Management LLC bought a new position in shares of Walker & Dunlop, Inc. (NYSE:WD) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 35,105 shares of the financial services provider’s stock, valued at approximately $3,413,000. FJ Capital Management LLC owned 0.10% of Walker & Dunlop as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of WD. Versor Investments LP boosted its holdings in shares of Walker & Dunlop by 3.8% during the fourth quarter. Versor Investments LP now owns 3,426 shares of the financial services provider’s stock worth $333,000 after acquiring an additional 126 shares during the period. Summit Investment Advisors Inc. boosted its stake in Walker & Dunlop by 5.9% in the 4th quarter. Summit Investment Advisors Inc. now owns 3,362 shares of the financial services provider’s stock valued at $327,000 after purchasing an additional 187 shares during the period. Sage Mountain Advisors LLC grew its holdings in Walker & Dunlop by 8.7% in the 4th quarter. Sage Mountain Advisors LLC now owns 2,380 shares of the financial services provider’s stock valued at $231,000 after buying an additional 190 shares in the last quarter. Xponance Inc. increased its position in Walker & Dunlop by 9.5% during the 4th quarter. Xponance Inc. now owns 2,308 shares of the financial services provider’s stock worth $224,000 after buying an additional 201 shares during the period. Finally, Mariner LLC increased its position in Walker & Dunlop by 4.6% during the 4th quarter. Mariner LLC now owns 4,886 shares of the financial services provider’s stock worth $475,000 after buying an additional 213 shares during the period. Institutional investors and hedge funds own 80.97% of the company’s stock.

Insiders Place Their Bets

In related news, CEO William M. Walker purchased 17,500 shares of Walker & Dunlop stock in a transaction dated Thursday, March 6th. The shares were bought at an average cost of $86.21 per share, for a total transaction of $1,508,675.00. Following the purchase, the chief executive officer now owns 411,271 shares in the company, valued at approximately $35,455,672.91. This trade represents a 4.44 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 3.66% of the company’s stock.

Walker & Dunlop Stock Performance

WD opened at $71.66 on Friday. The firm has a market cap of $2.43 billion, a P/E ratio of 22.46 and a beta of 1.64. The business’s fifty day moving average is $79.65 and its 200-day moving average is $92.85. Walker & Dunlop, Inc. has a 52-week low of $69.59 and a 52-week high of $118.19.

Walker & Dunlop (NYSE:WD) last announced 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 analyst estimates of $260.43 million. Walker & Dunlop had a return on equity of 9.64% and a net margin of 9.55%. The company’s quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.35 earnings per share. On average, research analysts predict that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current fiscal year.

Walker & Dunlop Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 3.74%. The ex-dividend date of this dividend is Thursday, May 15th. Walker & Dunlop’s payout ratio is presently 91.78%.

Analyst Ratings Changes

WD has been the topic of several research reports. Keefe, Bruyette & Woods decreased their price target on shares of Walker & Dunlop from $105.00 to $95.00 and set an “outperform” rating on the stock in a research note on Thursday, April 17th. StockNews.com downgraded shares of Walker & Dunlop from a “hold” rating to a “sell” rating in a research report on Tuesday.

Walker & Dunlop Company 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.