Quantbot Technologies LP Buys Shares of 50,594 Walker & Dunlop, Inc. $WD

Quantbot Technologies LP purchased a new position in shares of Walker & Dunlop, Inc. (NYSE:WD) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 50,594 shares of the financial services provider’s stock, valued at approximately $3,566,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd bought a new stake in shares of Walker & Dunlop in the 1st quarter valued at $32,000. Allworth Financial LP lifted its holdings in Walker & Dunlop by 115.8% in the second quarter. Allworth Financial LP now owns 479 shares of the financial services provider’s stock valued at $34,000 after buying an additional 257 shares during the period. Strs Ohio bought a new stake in Walker & Dunlop during the first quarter valued at $51,000. National Bank of Canada FI boosted its position in Walker & Dunlop by 81.9% during the first quarter. National Bank of Canada FI now owns 724 shares of the financial services provider’s stock valued at $62,000 after acquiring an additional 326 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new stake in Walker & Dunlop during the 1st quarter worth about $112,000. Institutional investors and hedge funds own 80.97% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on WD shares. Citizens Jmp raised Walker & Dunlop from a “market perform” rating to an “outperform” rating and set a $95.00 price objective on the stock in a research note on Friday, October 10th. Wall Street Zen downgraded Walker & Dunlop from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Citigroup upgraded Walker & Dunlop to an “outperform” rating in a report on Friday, October 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Walker & Dunlop in a research report on Wednesday, October 8th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Walker & Dunlop from $95.00 to $97.00 and gave the company an “outperform” rating in a research report on Thursday, October 9th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Walker & Dunlop has a consensus rating of “Moderate Buy” and an average price target of $94.25.

Walker & Dunlop Stock Performance

WD stock opened at $63.90 on Friday. The stock’s 50 day simple moving average is $74.91 and its 200 day simple moving average is $75.98. The company has a market cap of $2.18 billion, a P/E ratio of 18.96 and a beta of 1.58. Walker & Dunlop, Inc. has a fifty-two week low of $60.72 and a fifty-two week high of $109.93.

Walker & Dunlop (NYSE:WD) last released its quarterly earnings data on Thursday, November 6th. The financial services provider reported $1.22 EPS for the quarter, beating the consensus estimate of $1.21 by $0.01. Walker & Dunlop had a return on equity of 8.85% and a net margin of 9.31%.The firm had revenue of $337.68 million during the quarter, compared to the consensus estimate of $325.10 million. During the same quarter in the previous year, the company posted $1.19 earnings per share. The company’s quarterly revenue was up 15.5% on a year-over-year basis. Equities analysts predict that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current year.

Walker & Dunlop Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 5th. Shareholders of record on Friday, November 21st will be issued a dividend of $0.67 per share. The ex-dividend date is Friday, November 21st. This represents a $2.68 annualized dividend and a yield of 4.2%. Walker & Dunlop’s dividend payout ratio is presently 79.53%.

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.