Walker & Dunlop, Inc. (NYSE:WD) Position Lessened by Russell Investments Group Ltd.

Russell Investments Group Ltd. decreased its stake in Walker & Dunlop, Inc. (NYSE:WD – Get Rating) by 2.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,776 shares of the financial services provider’s stock after selling 384 shares during the period. Russell Investments Group Ltd.’s holdings in Walker & Dunlop were worth $1,081,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Balyasny Asset Management LLC increased its position in Walker & Dunlop by 633.2% in the 3rd quarter. Balyasny Asset Management LLC now owns 119,915 shares of the financial services provider’s stock valued at $10,040,000 after acquiring an additional 103,560 shares during the period. State Street Corp increased its position in Walker & Dunlop by 9.4% in the 1st quarter. State Street Corp now owns 1,150,508 shares of the financial services provider’s stock valued at $148,899,000 after acquiring an additional 98,546 shares during the period. Vanguard Group Inc. increased its position in Walker & Dunlop by 2.3% in the 1st quarter. Vanguard Group Inc. now owns 3,761,750 shares of the financial services provider’s stock valued at $486,845,000 after acquiring an additional 85,505 shares during the period. M.D. Sass Investors Services Inc. increased its position in Walker & Dunlop by 14.0% in the 3rd quarter. M.D. Sass Investors Services Inc. now owns 372,905 shares of the financial services provider’s stock valued at $31,224,000 after acquiring an additional 45,869 shares during the period. Finally, Renaissance Technologies LLC acquired a new stake in Walker & Dunlop in the 1st quarter valued at approximately $5,876,000. Institutional investors own 77.78% of the company’s stock.

Walker & Dunlop Stock Down 0.8 %

Shares of NYSE:WD opened at $71.74 on Friday. Walker & Dunlop, Inc. has a 12-month low of $61.06 and a 12-month high of $115.19. The company has a market cap of $2.39 billion, a P/E ratio of 14.23 and a beta of 1.39. The company’s fifty day moving average is $70.37 and its two-hundred day moving average is $80.76.

Walker & Dunlop (NYSE:WD – Get Rating) last released its earnings results on Thursday, May 4th. The financial services provider reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.16. Walker & Dunlop had a return on equity of 10.96% and a net margin of 14.22%. The company had revenue of $238.70 million for the quarter, compared to analysts’ expectations of $259.01 million. During the same quarter in the previous year, the business posted $2.12 EPS. The business’s revenue for the quarter was down 25.3% on a year-over-year basis. Equities research analysts anticipate that Walker & Dunlop, Inc. will post 5.56 earnings per share for the current year.

Walker & Dunlop Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 2nd. Investors of record on Thursday, May 18th will be issued a $0.63 dividend. The ex-dividend date of this dividend is Wednesday, May 17th. This represents a $2.52 dividend on an annualized basis and a yield of 3.51%. Walker & Dunlop’s dividend payout ratio is currently 50.00%.

Wall Street Analysts Forecast Growth

WD has been the topic of several analyst reports. Wedbush lowered their target price on Walker & Dunlop from $100.00 to $90.00 in a research report on Monday, May 8th. TheStreet cut Walker & Dunlop from a “b-” rating to a “c” rating in a research report on Friday, May 5th. StockNews.com cut Walker & Dunlop from a “hold” rating to a “sell” rating in a research report on Tuesday, May 16th. Wolfe Research cut Walker & Dunlop from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, January 31st. Finally, JMP Securities cut Walker & Dunlop from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 2nd.

Walker & Dunlop Company Profile

(Get Rating)

Walker & Dunlop, Inc is a holding company. engages in the provision of commercial real estate and finance services. It focuses on multifamily lending, debt brokerage, and property sales. It also involves the delivery and servicing of loan products for its customers. The company was founded by Oliver Walker and Laird Dunlop in 1937 and is headquartered in Bethesda, MD.