Rockefeller Capital Management L.P. Buys 20,037 Shares of Walker & Dunlop, Inc. (NYSE:WD)

Rockefeller Capital Management L.P. grew its stake in Walker & Dunlop, Inc. (NYSE:WD) by 18.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 127,801 shares of the financial services provider’s stock after acquiring an additional 20,037 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Walker & Dunlop were worth $14,517,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. National Bank of Canada FI grew its holdings in shares of Walker & Dunlop by 205.6% during the second quarter. National Bank of Canada FI now owns 275 shares of the financial services provider’s stock valued at $26,000 after buying an additional 185 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Walker & Dunlop by 1,295.8% in the 3rd 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. raised its stake 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 worth $56,000 after purchasing an additional 177 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Walker & Dunlop by 64.7% during 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 purchased a new stake in shares of Walker & Dunlop during the second quarter valued at $94,000. 80.97% of the stock is owned by hedge funds and other institutional investors.

Walker & Dunlop Stock Up 0.0 %

Walker & Dunlop stock opened at $110.20 on Tuesday. Walker & Dunlop, Inc. has a 52-week low of $87.20 and a 52-week high of $118.19. The company has a market cap of $3.72 billion, a P/E ratio of 39.36 and a beta of 1.55. The business has a 50-day simple moving average of $110.93 and a two-hundred day simple moving average of $104.51.

Walker & Dunlop (NYSE:WD) last announced its earnings results on Thursday, November 7th. The financial services provider reported $1.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.29 by ($0.10). The business 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 quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.11 earnings per share. Research analysts anticipate that Walker & Dunlop, Inc. will post 5.18 EPS for the current fiscal year.

Walker & Dunlop Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 22nd will be issued a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 2.36%. The ex-dividend date of this dividend is Friday, November 22nd. Walker & Dunlop’s dividend payout ratio is 92.86%.

Analyst Ratings Changes

Several research firms have issued reports on WD. Wedbush upped their target price on shares of Walker & Dunlop from $105.00 to $110.00 and gave the company a “neutral” rating in a research note on Wednesday, September 25th. Wolfe Research upgraded shares of Walker & Dunlop to a “strong-buy” rating in a research report on Tuesday, September 24th. Finally, StockNews.com raised shares of Walker & Dunlop from a “sell” rating to a “hold” rating in a research report on Sunday, August 11th.

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.