Keybank National Association OH Has $640,000 Stock Position in Walker & Dunlop, Inc. (NYSE:WD)

Keybank National Association OH raised its position in Walker & Dunlop, Inc. (NYSE:WD) by 7.4% in the 4th quarter, HoldingsChannel reports. The fund owned 6,585 shares of the financial services provider’s stock after purchasing an additional 453 shares during the period. Keybank National Association OH’s holdings in Walker & Dunlop were worth $640,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in WD. National Bank of Canada FI raised its holdings in 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 acquiring an additional 116 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Walker & Dunlop by 230.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 751 shares of the financial services provider’s stock worth $72,000 after buying an additional 524 shares in the last quarter. KBC Group NV raised its holdings 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 buying an additional 266 shares in the last quarter. Crewe Advisors LLC raised its holdings in shares of Walker & Dunlop by 42.9% in the 4th quarter. Crewe Advisors LLC now owns 2,000 shares of the financial services provider’s stock worth $194,000 after buying an additional 600 shares in the last quarter. Finally, Quantinno Capital Management LP acquired a new position in shares of Walker & Dunlop in the 3rd quarter worth approximately $230,000. Institutional investors and hedge funds own 80.97% of the company’s stock.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods raised Walker & Dunlop from a “market perform” rating to an “outperform” rating and set a $105.00 target price for the company in a report on Thursday.

Walker & Dunlop Trading Up 1.7 %

Shares of WD opened at $87.46 on Friday. Walker & Dunlop, Inc. has a 1 year low of $81.07 and a 1 year high of $118.19. The stock has a 50 day simple moving average of $91.12 and a 200-day simple moving average of $102.27. The stock has a market cap of $2.96 billion, a PE ratio of 27.42 and a beta of 1.63.

Walker & Dunlop (NYSE:WD) last released its quarterly earnings results on Thursday, February 13th. The financial services provider reported $1.34 EPS for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.18). The business had revenue of $341.45 million for the quarter, compared to the consensus estimate of $316.82 million. Walker & Dunlop had a return on equity of 9.64% and a net margin of 9.55%. On average, sell-side analysts forecast that Walker & Dunlop, Inc. will post 4.97 EPS for the current fiscal year.

Walker & Dunlop Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a dividend of $0.67 per share. The ex-dividend date of this dividend is Friday, February 28th. This is a positive change from Walker & Dunlop’s previous quarterly dividend of $0.65. This represents a $2.68 dividend on an annualized basis and a yield of 3.06%. Walker & Dunlop’s dividend payout ratio is 84.01%.

Insider Buying and Selling

In other news, CEO William M. Walker acquired 17,500 shares of the firm’s stock in a transaction on Thursday, March 6th. The shares were purchased at an average cost of $86.21 per share, for a total transaction of $1,508,675.00. Following the transaction, the chief executive officer now owns 411,271 shares of the company’s stock, valued at approximately $35,455,672.91. This represents a 4.44 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 5.47% of the stock is owned by corporate insiders.

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.