Y Intercept Hong Kong Ltd Raises Position in Walker & Dunlop, Inc. $WD

Y Intercept Hong Kong Ltd lifted its stake in shares of Walker & Dunlop, Inc. (NYSE:WD) by 137.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 31,425 shares of the financial services provider’s stock after buying an additional 18,186 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Walker & Dunlop were worth $2,628,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Allworth Financial LP raised its stake in shares of Walker & Dunlop by 115.8% during the second quarter. Allworth Financial LP now owns 479 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 257 shares during the period. GAMMA Investing LLC grew its holdings in Walker & Dunlop by 65.7% during the 3rd quarter. GAMMA Investing LLC now owns 479 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 190 shares in the last quarter. Strs Ohio acquired a new stake in Walker & Dunlop during the 1st quarter valued at $51,000. CWM LLC increased its stake in Walker & Dunlop by 261.6% during the 3rd quarter. CWM LLC now owns 1,338 shares of the financial services provider’s stock worth $112,000 after buying an additional 968 shares during the period. Finally, Vanguard Personalized Indexing Management LLC lifted its holdings in Walker & Dunlop by 18.8% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 2,905 shares of the financial services provider’s stock worth $205,000 after buying an additional 459 shares in the last quarter. Hedge funds and other institutional investors own 80.97% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on WD shares. Citigroup restated a “market outperform” rating on shares of Walker & Dunlop in a research note on Friday, December 5th. Weiss Ratings restated a “hold (c-)” rating on shares of Walker & Dunlop in a research note on Monday, December 29th. Wall Street Zen downgraded Walker & Dunlop from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Jefferies Financial Group initiated coverage on Walker & Dunlop in a research note on Friday, December 19th. They set a “buy” rating and a $75.00 target price for the company. Finally, Keefe, Bruyette & Woods dropped their price target on shares of Walker & Dunlop from $82.00 to $80.00 and set an “outperform” rating for the company in a research note on Thursday, January 8th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $87.00.

Walker & Dunlop Trading Down 0.1%

Shares of WD opened at $64.40 on Wednesday. Walker & Dunlop, Inc. has a 52 week low of $58.60 and a 52 week high of $97.00. The firm has a market cap of $2.19 billion, a price-to-earnings ratio of 19.11 and a beta of 1.56. The stock has a 50 day moving average of $62.70 and a 200-day moving average of $74.07.

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

Walker & Dunlop Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 5th. Stockholders of record on Friday, November 21st were given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Friday, November 21st. Walker & Dunlop’s dividend payout ratio (DPR) is presently 79.53%.

About Walker & Dunlop

Walker & Dunlop is one of the largest providers of commercial real estate finance in the United States, specializing in the origination, servicing and sale of loans secured by multifamily, seniors housing, healthcare, student housing and manufactured housing properties. The firm offers a full suite of debt and equity solutions, including agency financing through Fannie Mae and Freddie Mac, HUD and FHA-insured loans, bridge and construction financing, mezzanine debt, preferred equity, and investment sales advisory.

With roots dating back to 1937 and its headquarters in Bethesda, Maryland, Walker & Dunlop has expanded its platform through both organic growth and strategic acquisitions.