Swiss National Bank Has $7.09 Million Position in Walker & Dunlop, Inc. (NYSE:WD)

Swiss National Bank increased its stake in Walker & Dunlop, Inc. (NYSE:WDGet Rating) by 2.2% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 73,600 shares of the financial services provider’s stock after purchasing an additional 1,600 shares during the quarter. Swiss National Bank’s holdings in Walker & Dunlop were worth $7,091,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WD. SG Americas Securities LLC lifted its holdings in Walker & Dunlop by 177.5% in the 1st quarter. SG Americas Securities LLC now owns 3,077 shares of the financial services provider’s stock worth $398,000 after purchasing an additional 1,968 shares during the last quarter. Mutual of America Capital Management LLC lifted its holdings in Walker & Dunlop by 5.5% in the 1st quarter. Mutual of America Capital Management LLC now owns 4,247 shares of the financial services provider’s stock worth $550,000 after purchasing an additional 220 shares during the last quarter. Arizona State Retirement System lifted its holdings in Walker & Dunlop by 1.1% in the 1st quarter. Arizona State Retirement System now owns 8,227 shares of the financial services provider’s stock worth $1,065,000 after purchasing an additional 90 shares during the last quarter. Versor Investments LP lifted its holdings in shares of Walker & Dunlop by 74.4% during the first quarter. Versor Investments LP now owns 2,813 shares of the financial services provider’s stock worth $364,000 after buying an additional 1,200 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Walker & Dunlop by 207.0% during the first quarter. Envestnet Asset Management Inc. now owns 30,638 shares of the financial services provider’s stock worth $3,965,000 after buying an additional 20,659 shares during the last quarter. 74.18% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on WD. StockNews.com lowered Walker & Dunlop from a “hold” rating to a “sell” rating in a report on Thursday, November 17th. JMP Securities cut their price target on Walker & Dunlop from $140.00 to $110.00 and set a “market outperform” rating for the company in a report on Thursday, November 10th.

Walker & Dunlop Stock Up 1.2 %

Shares of WD stock opened at $82.71 on Wednesday. The firm has a market cap of $2.73 billion, a PE ratio of 10.95 and a beta of 1.25. Walker & Dunlop, Inc. has a 12 month low of $75.33 and a 12 month high of $155.67. The stock has a 50 day moving average of $86.70 and a 200-day moving average of $97.18.

Walker & Dunlop Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 9th. Stockholders of record on Friday, November 25th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date is Wednesday, November 23rd. Walker & Dunlop’s dividend payout ratio is presently 31.79%.

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.

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

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