Public Sector Pension Investment Board Sells 6,100 Shares of Walker & Dunlop, Inc. (NYSE:WD)

Public Sector Pension Investment Board decreased its stake in shares of Walker & Dunlop, Inc. (NYSE:WD) by 8.2% in the third quarter, HoldingsChannel reports. The institutional investor owned 68,062 shares of the financial services provider’s stock after selling 6,100 shares during the period. Public Sector Pension Investment Board’s holdings in Walker & Dunlop were worth $7,731,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SG Americas Securities LLC lifted its holdings in Walker & Dunlop by 144.3% during the 2nd quarter. SG Americas Securities LLC now owns 9,192 shares of the financial services provider’s stock valued at $903,000 after buying an additional 5,430 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Walker & Dunlop by 1.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,319,434 shares of the financial services provider’s stock valued at $129,566,000 after purchasing an additional 20,739 shares in the last quarter. Quest Partners LLC raised its holdings in shares of Walker & Dunlop by 2,259,700.0% in the 3rd quarter. Quest Partners LLC now owns 22,598 shares of the financial services provider’s stock valued at $2,567,000 after purchasing an additional 22,597 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of Walker & Dunlop by 11,259.2% in the 3rd quarter. International Assets Investment Management LLC now owns 13,631 shares of the financial services provider’s stock valued at $1,548,000 after purchasing an additional 13,511 shares in the last quarter. Finally, Victory Capital Management Inc. raised its holdings in shares of 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 valued at $104,438,000 after purchasing an additional 129,289 shares in the last quarter. Institutional investors own 80.97% of the company’s stock.

Analyst Ratings Changes

WD has been the subject of several recent research reports. Wolfe Research upgraded shares of Walker & Dunlop to a “strong-buy” rating in a report on Tuesday, September 24th. StockNews.com upgraded shares of Walker & Dunlop from a “sell” rating to a “hold” rating in a report on Sunday, August 11th. Finally, Wedbush boosted their price target on shares of Walker & Dunlop from $105.00 to $110.00 and gave the company a “neutral” rating in a report on Wednesday, September 25th.

Walker & Dunlop Stock Down 0.4 %

NYSE WD opened at $110.43 on Friday. The firm has a market cap of $3.73 billion, a PE ratio of 39.44 and a beta of 1.55. The company has a 50 day moving average price of $110.99 and a 200 day moving average price of $104.41. Walker & Dunlop, Inc. has a 52 week low of $83.24 and a 52 week high of $118.19.

Walker & Dunlop (NYSE:WD) last posted its quarterly earnings data 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). The firm had revenue of $292.30 million for the quarter, compared to the consensus estimate of $294.24 million. Walker & Dunlop had a return on equity of 9.81% and a net margin of 8.91%. The company’s revenue was up 8.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.11 EPS. On average, equities research analysts anticipate that Walker & Dunlop, Inc. will post 5.18 earnings per share for the current fiscal year.

Walker & Dunlop Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 22nd will be paid a dividend of $0.65 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $2.60 annualized dividend and a dividend yield of 2.35%. Walker & Dunlop’s dividend payout ratio (DPR) is presently 92.86%.

Walker & Dunlop 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.