Synergy Financial Group LTD Cuts Stake in Walker & Dunlop, Inc. (NYSE:WD)

Synergy Financial Group LTD cut its stake in shares of Walker & Dunlop, Inc. (NYSE:WD) by 4.5% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 8,210 shares of the financial services provider’s stock after selling 391 shares during the period. Synergy Financial Group LTD’s holdings in Walker & Dunlop were worth $798,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WD. National Bank of Canada FI raised its position in shares of Walker & Dunlop by 42.2% in the 3rd quarter. National Bank of Canada FI now owns 391 shares of the financial services provider’s stock valued at $44,000 after purchasing an additional 116 shares in the last quarter. Signaturefd LLC boosted its stake in Walker & Dunlop by 10.3% during the 3rd quarter. Signaturefd LLC now owns 1,405 shares of the financial services provider’s stock valued at $160,000 after acquiring an additional 131 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Walker & Dunlop by 4.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,723 shares of the financial services provider’s stock worth $556,000 after acquiring an additional 256 shares in the last quarter. KBC Group NV increased its position in shares of Walker & Dunlop by 28.4% in the 3rd quarter. KBC Group NV now owns 1,203 shares of the financial services provider’s stock worth $137,000 after purchasing an additional 266 shares during the last quarter. Finally, Harbor Capital Advisors Inc. raised its stake in shares of Walker & Dunlop by 3.4% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 9,326 shares of the financial services provider’s stock valued at $1,059,000 after purchasing an additional 307 shares in the last quarter. Hedge funds and other institutional investors own 80.97% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods decreased their price target on Walker & Dunlop from $120.00 to $105.00 and set a “market perform” rating for the company in a research note on Friday, February 14th.

Walker & Dunlop Price Performance

Walker & Dunlop stock opened at $82.04 on Tuesday. The company has a market cap of $2.77 billion, a PE ratio of 25.72 and a beta of 1.55. Walker & Dunlop, Inc. has a 12 month low of $81.97 and a 12 month high of $118.19. The company has a fifty day moving average price of $94.10 and a two-hundred day moving average price of $103.53.

Walker & Dunlop (NYSE:WD) last posted its quarterly earnings results on Thursday, February 13th. The financial services provider reported $1.34 EPS for the quarter, missing the consensus estimate of $1.52 by ($0.18). The business had revenue of $341.45 million during the quarter, compared to analyst estimates of $316.82 million. Walker & Dunlop had a net margin of 9.55% and a return on equity of 9.64%. Equities research analysts anticipate that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current year.

Walker & Dunlop Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.27%. This is a boost from Walker & Dunlop’s previous quarterly dividend of $0.65. The ex-dividend date of this dividend is Friday, February 28th. Walker & Dunlop’s dividend payout ratio is presently 81.50%.

About Walker & Dunlop

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.