Walker & Dunlop, Inc. (NYSE:WD) Shares Acquired by Twinbeech Capital LP

Twinbeech Capital LP increased its holdings in Walker & Dunlop, Inc. (NYSE:WD) by 1,648.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 39,023 shares of the financial services provider’s stock after acquiring an additional 36,791 shares during the quarter. Twinbeech Capital LP owned approximately 0.12% of Walker & Dunlop worth $3,793,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Smartleaf Asset Management LLC lifted its stake in shares of Walker & Dunlop by 230.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 751 shares of the financial services provider’s stock worth $72,000 after acquiring an additional 524 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Walker & Dunlop during the 4th quarter worth approximately $687,000. O Shaughnessy Asset Management LLC raised its position in shares of Walker & Dunlop by 8.5% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 5,766 shares of the financial services provider’s stock worth $561,000 after purchasing an additional 452 shares during the period. Barclays PLC raised its position in shares of Walker & Dunlop by 380.1% during the 3rd quarter. Barclays PLC now owns 56,520 shares of the financial services provider’s stock worth $6,420,000 after purchasing an additional 44,748 shares during the period. Finally, Norges Bank acquired a new stake in Walker & Dunlop in the 4th quarter valued at approximately $40,226,000. Institutional investors and hedge funds own 80.97% of the company’s stock.

Walker & Dunlop Stock Down 1.7%

WD opened at $71.43 on Wednesday. The stock has a fifty day moving average of $77.73 and a 200-day moving average of $90.62. The firm has a market capitalization of $2.43 billion, a P/E ratio of 22.39 and a beta of 1.64. Walker & Dunlop, Inc. has a 12-month low of $69.59 and a 12-month high of $118.19.

Walker & Dunlop (NYSE:WD) last released its earnings results 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 business had revenue of $237.37 million during the quarter, compared to analysts’ expectations of $260.43 million. Walker & Dunlop had a net margin of 9.55% and a return on equity of 9.64%. Walker & Dunlop’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.35 EPS. On average, analysts expect that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current fiscal year.

Walker & Dunlop Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Thursday, May 15th will be issued a dividend of $0.67 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $2.68 annualized dividend and a dividend yield of 3.75%. Walker & Dunlop’s dividend payout ratio is 91.78%.

Insider Buying and Selling

In other news, CEO William M. Walker acquired 17,500 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The stock was acquired at an average cost of $86.21 per share, for a total transaction of $1,508,675.00. Following the completion of the acquisition, the chief executive officer now owns 411,271 shares in the company, valued at approximately $35,455,672.91. The trade was a 4.44% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.66% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. StockNews.com cut Walker & Dunlop from a “hold” rating to a “sell” rating in a research report on Tuesday, May 6th. Keefe, Bruyette & Woods decreased their price target on Walker & Dunlop from $105.00 to $95.00 and set an “outperform” rating for the company in a research note on Thursday, April 17th.

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.