AlphaQuest LLC Has $873,000 Stock Holdings in Walker & Dunlop, Inc. $WD

AlphaQuest LLC raised its stake in Walker & Dunlop, Inc. (NYSE:WD) by 40.5% in the 2nd quarter, Holdings Channel.com reports. The fund owned 12,381 shares of the financial services provider’s stock after buying an additional 3,572 shares during the quarter. AlphaQuest LLC’s holdings in Walker & Dunlop were worth $873,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Tributary Capital Management LLC raised its holdings in Walker & Dunlop by 18.6% in the 2nd quarter. Tributary Capital Management LLC now owns 168,338 shares of the financial services provider’s stock valued at $11,864,000 after acquiring an additional 26,456 shares in the last quarter. Allianz Asset Management GmbH raised its holdings in Walker & Dunlop by 4.7% in the 2nd quarter. Allianz Asset Management GmbH now owns 29,159 shares of the financial services provider’s stock valued at $2,055,000 after acquiring an additional 1,300 shares in the last quarter. Verdence Capital Advisors LLC raised its holdings in Walker & Dunlop by 13.8% in the 2nd quarter. Verdence Capital Advisors LLC now owns 41,527 shares of the financial services provider’s stock valued at $2,927,000 after acquiring an additional 5,046 shares in the last quarter. Yousif Capital Management LLC raised its holdings in Walker & Dunlop by 1.4% in the 2nd quarter. Yousif Capital Management LLC now owns 12,006 shares of the financial services provider’s stock valued at $846,000 after acquiring an additional 167 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC raised its holdings in Walker & Dunlop by 18.8% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 2,905 shares of the financial services provider’s stock valued at $205,000 after acquiring an additional 459 shares in the last quarter. 80.97% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Walker & Dunlop

In other Walker & Dunlop news, EVP Paula A. Pryor sold 5,336 shares of the company’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $86.20, for a total value of $459,963.20. Following the sale, the executive vice president owned 9,341 shares in the company, valued at approximately $805,194.20. The trade was a 36.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 3.66% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on WD. Wall Street Zen raised Walker & Dunlop from a “strong sell” rating to a “hold” rating in a report on Saturday, August 9th. Citigroup raised Walker & Dunlop to an “outperform” rating in a report on Friday, October 10th. Weiss Ratings reissued a “hold (c)” rating on shares of Walker & Dunlop in a report on Friday. Citizens Jmp raised Walker & Dunlop from a “market perform” rating to an “outperform” rating and set a $95.00 price target for the company in a report on Friday, October 10th. Finally, Wedbush reissued a “neutral” rating and set a $90.00 price target on shares of Walker & Dunlop in a report on Thursday, August 14th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $94.25.

Walker & Dunlop Stock Down 0.6%

Shares of WD stock opened at $85.95 on Monday. The firm has a market capitalization of $2.93 billion, a P/E ratio of 26.53 and a beta of 1.59. Walker & Dunlop, Inc. has a twelve month low of $64.48 and a twelve month high of $118.19. The stock’s fifty day simple moving average is $84.20 and its 200 day simple moving average is $77.03.

Walker & Dunlop (NYSE:WD) last issued its quarterly earnings data on Thursday, August 7th. The financial services provider reported $1.15 earnings per share for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.14). The firm had revenue of $319.24 million for the quarter, compared to the consensus estimate of $275.84 million. Walker & Dunlop had a return on equity of 8.81% and a net margin of 9.27%.The company’s revenue was up 17.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.23 EPS. As a group, equities research analysts expect that Walker & Dunlop, Inc. will post 4.97 EPS for the current fiscal year.

Walker & Dunlop Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Thursday, August 21st were given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Thursday, August 21st. Walker & Dunlop’s payout ratio is 82.72%.

Walker & Dunlop 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.