Atria Investments Inc Boosts Stock Position in Walker & Dunlop, Inc. (NYSE:WD)

Atria Investments Inc lifted its position in shares of Walker & Dunlop, Inc. (NYSE:WD) by 29.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,821 shares of the financial services provider’s stock after purchasing an additional 870 shares during the period. Atria Investments Inc’s holdings in Walker & Dunlop were worth $434,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its position in Walker & Dunlop by 1.6% in the second quarter. Dimensional Fund Advisors LP now owns 1,319,434 shares of the financial services provider’s stock worth $129,566,000 after purchasing an additional 20,739 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in Walker & Dunlop by 13.8% in the 2nd quarter. Victory Capital Management Inc. now owns 1,063,522 shares of the financial services provider’s stock worth $104,438,000 after purchasing an additional 129,289 shares in the last quarter. Impactive Capital LP increased its stake in Walker & Dunlop by 242.0% in the 1st quarter. Impactive Capital LP now owns 1,034,093 shares of the financial services provider’s stock worth $104,505,000 after acquiring an additional 731,714 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Walker & Dunlop by 0.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 377,417 shares of the financial services provider’s stock worth $37,062,000 after acquiring an additional 2,815 shares during the last quarter. Finally, American Century Companies Inc. increased its stake in Walker & Dunlop by 10.1% in the 2nd quarter. American Century Companies Inc. now owns 351,022 shares of the financial services provider’s stock worth $34,470,000 after acquiring an additional 32,192 shares during the last quarter. 80.97% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

WD has been the topic of a number of research reports. StockNews.com raised Walker & Dunlop from a “sell” rating to a “hold” rating in a research note on Sunday, August 11th. Wolfe Research raised Walker & Dunlop to a “strong-buy” rating in a research note on Tuesday, September 24th. Wedbush lifted their price objective on Walker & Dunlop from $105.00 to $110.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 25th. Finally, Keefe, Bruyette & Woods lifted their price objective on Walker & Dunlop from $105.00 to $112.00 and gave the stock a “market perform” rating in a research note on Thursday, July 25th.

Walker & Dunlop Stock Performance

NYSE WD opened at $105.75 on Thursday. The company has a market cap of $3.57 billion, a P/E ratio of 38.18 and a beta of 1.55. The business’s 50 day moving average price is $110.71 and its 200-day moving average price is $103.83. Walker & Dunlop, Inc. has a fifty-two week low of $81.14 and a fifty-two week high of $118.19.

Walker & Dunlop (NYSE:WD) last released its earnings results on Thursday, November 7th. The financial services provider reported $1.19 earnings per share for the quarter, missing the consensus estimate of $1.29 by ($0.10). The company had revenue of $292.30 million for the quarter, compared to the consensus estimate of $294.24 million. Walker & Dunlop had a net margin of 8.91% and a return on equity of 9.81%. The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.11 EPS. As a group, equities analysts predict that Walker & Dunlop, Inc. will post 5.18 EPS for the current year.

Walker & Dunlop Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 22nd will be given a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 2.46%. The ex-dividend date is Friday, November 22nd. Walker & Dunlop’s dividend payout ratio (DPR) is presently 92.86%.

Insider Buying and Selling at Walker & Dunlop

In other Walker & Dunlop news, COO Stephen P. Theobald sold 13,870 shares of the company’s stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $106.10, for a total value of $1,471,607.00. Following the transaction, the chief operating officer now owns 53,869 shares of the company’s stock, valued at $5,715,500.90. This represents a 20.48 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 5.26% of the stock is currently owned by corporate insiders.

Walker & Dunlop Company Profile

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. It operates through three segments: Capital Markets, Servicing & Asset Management, and Corporate.