Arizona State Retirement System Raises Stock Holdings in Walker & Dunlop, Inc. (NYSE:WD)

Arizona State Retirement System raised its position in shares of Walker & Dunlop, Inc. (NYSE:WDGet Rating) by 1.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,227 shares of the financial services provider’s stock after acquiring an additional 90 shares during the period. Arizona State Retirement System’s holdings in Walker & Dunlop were worth $1,065,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Harvest Investment Services LLC raised its holdings in shares of Walker & Dunlop by 90.4% during the 1st quarter. Harvest Investment Services LLC now owns 3,922 shares of the financial services provider’s stock worth $507,000 after acquiring an additional 1,862 shares in the last quarter. Carson Advisory Inc. raised its holdings in Walker & Dunlop by 1.0% during the 1st quarter. Carson Advisory Inc. now owns 10,450 shares of the financial services provider’s stock valued at $1,352,000 after buying an additional 100 shares during the period. Mutual of America Capital Management LLC raised its holdings in Walker & Dunlop by 5.5% during the 1st quarter. Mutual of America Capital Management LLC now owns 4,247 shares of the financial services provider’s stock valued at $550,000 after buying an additional 220 shares during the period. SG Americas Securities LLC raised its holdings in Walker & Dunlop by 177.5% during the 1st quarter. SG Americas Securities LLC now owns 3,077 shares of the financial services provider’s stock valued at $398,000 after buying an additional 1,968 shares during the period. Finally, TCI Wealth Advisors Inc. raised its holdings in Walker & Dunlop by 117.3% during the 1st quarter. TCI Wealth Advisors Inc. now owns 326 shares of the financial services provider’s stock valued at $43,000 after buying an additional 176 shares during the period. 71.61% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Walker & Dunlop

In other news, Director Dana L. Schmaltz purchased 1,000 shares of the company’s stock in a transaction dated Friday, June 17th. The shares were acquired at an average price of $90.16 per share, with a total value of $90,160.00. Following the transaction, the director now owns 69,835 shares of the company’s stock, valued at $6,296,323.60. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 8.05% of the company’s stock.

Walker & Dunlop Stock Performance

NYSE:WD opened at $113.20 on Tuesday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 160.37 and a current ratio of 160.37. The stock’s fifty day moving average is $100.95 and its 200 day moving average is $118.77. Walker & Dunlop, Inc. has a fifty-two week low of $88.20 and a fifty-two week high of $156.77. The firm has a market capitalization of $3.75 billion, a PE ratio of 13.35 and a beta of 1.21.

Walker & Dunlop (NYSE:WDGet Rating) last released its earnings results on Thursday, May 5th. The financial services provider reported $2.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.42. Walker & Dunlop had a return on equity of 18.99% and a net margin of 20.65%. The business had revenue of $319.44 million for the quarter, compared to analyst estimates of $312.72 million. During the same quarter last year, the firm posted $1.54 earnings per share. The business’s revenue was up 42.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Walker & Dunlop, Inc. will post 9.38 earnings per share for the current year.

Walker & Dunlop Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 3rd. Stockholders of record on Thursday, May 19th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date of this dividend was Wednesday, May 18th. Walker & Dunlop’s payout ratio is 28.30%.

Walker & Dunlop Company Profile

(Get Rating)

Walker & Dunlop, Inc, through its subsidiaries, originates, sells, and services a range of multifamily and other commercial real estate financing products and services for owners and developers of real estate in the United States. The company offers first mortgage, second trust, supplemental, construction, mezzanine, preferred equity, small-balance, and bridge/interim loans.

Further Reading

Want to see what other hedge funds are holding WD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walker & Dunlop, Inc. (NYSE:WDGet Rating).

Institutional Ownership by Quarter for Walker & Dunlop (NYSE:WD)

Want More Great Investing Ideas?

Receive News & Ratings for Walker & Dunlop Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walker & Dunlop and related companies with MarketBeat.com's FREE daily email newsletter.