Quantinno Capital Management LP Purchases Shares of 2,028 Walker & Dunlop, Inc. (NYSE:WD)

Quantinno Capital Management LP acquired a new position in shares of Walker & Dunlop, Inc. (NYSE:WD) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,028 shares of the financial services provider’s stock, valued at approximately $230,000.

A number of other institutional investors also recently modified their holdings of WD. National Bank of Canada FI lifted its position in Walker & Dunlop by 205.6% during the 2nd quarter. National Bank of Canada FI now owns 275 shares of the financial services provider’s stock worth $26,000 after buying an additional 185 shares in the last quarter. Blue Trust Inc. lifted its position in shares of Walker & Dunlop by 1,295.8% during the third quarter. Blue Trust Inc. now owns 335 shares of the financial services provider’s stock worth $38,000 after purchasing an additional 311 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its holdings in shares of Walker & Dunlop by 44.5% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 575 shares of the financial services provider’s stock valued at $56,000 after purchasing an additional 177 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Walker & Dunlop by 64.7% in the third quarter. GAMMA Investing LLC now owns 654 shares of the financial services provider’s stock valued at $74,000 after purchasing an additional 257 shares in the last quarter. Finally, Asset Dedication LLC bought a new position in Walker & Dunlop in the 2nd quarter worth approximately $94,000. Institutional investors own 80.97% of the company’s stock.

Analyst Ratings Changes

WD has been the topic of a number of recent research reports. Wolfe Research upgraded Walker & Dunlop to a “strong-buy” rating in a research report on Tuesday, September 24th. Wedbush raised their price target on Walker & Dunlop from $105.00 to $110.00 and gave the company a “neutral” rating in a report on Wednesday, September 25th.

Walker & Dunlop Price Performance

WD opened at $107.54 on Tuesday. The firm has a 50 day simple moving average of $110.04 and a 200 day simple moving average of $105.28. Walker & Dunlop, Inc. has a fifty-two week low of $87.20 and a fifty-two week high of $118.19. The company has a market cap of $3.63 billion, a price-to-earnings ratio of 38.41 and a beta of 1.53.

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

Walker & Dunlop Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 22nd were issued a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 2.42%. The ex-dividend date was Friday, November 22nd. Walker & Dunlop’s dividend payout ratio (DPR) is currently 92.86%.

About Walker & Dunlop

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.