Versor Investments LP Purchases New Stake in Walker & Dunlop, Inc. (NYSE:WD)

Versor Investments LP purchased a new stake in shares of Walker & Dunlop, Inc. (NYSE:WD) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,300 shares of the financial services provider’s stock, valued at approximately $375,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in WD. National Bank of Canada FI increased 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 valued at $26,000 after purchasing an additional 185 shares during the period. Blue Trust Inc. increased its position in Walker & Dunlop by 1,295.8% during the 3rd quarter. Blue Trust Inc. now owns 335 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 311 shares during the period. Benjamin F. Edwards & Company Inc. increased its position in Walker & Dunlop by 44.5% during the 2nd 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 during the period. EntryPoint Capital LLC purchased a new position in Walker & Dunlop during the 1st quarter valued at $57,000. Finally, GAMMA Investing LLC increased its position in Walker & Dunlop by 64.7% during the 3rd 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 during the period. 80.97% of the stock is currently owned by institutional investors.

Walker & Dunlop Price Performance

NYSE:WD opened at $107.57 on Friday. Walker & Dunlop, Inc. has a 1-year low of $80.80 and a 1-year high of $118.19. The firm’s 50-day moving average price is $110.51 and its 200-day moving average price is $103.38. The company has a market capitalization of $3.63 billion, a PE ratio of 38.42 and a beta of 1.55.

Walker & Dunlop (NYSE:WD) last announced 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). Walker & Dunlop had a net margin of 8.91% and a return on equity of 9.81%. The firm had revenue of $292.30 million for the quarter, compared to analysts’ expectations of $294.24 million. During the same period last year, the company posted $1.11 earnings per share. The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. Equities analysts anticipate that Walker & Dunlop, Inc. will post 5.18 EPS for the current fiscal year.

Walker & Dunlop Dividend Announcement

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 given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 2.42%. The ex-dividend date is Friday, November 22nd. Walker & Dunlop’s dividend payout ratio (DPR) is 92.86%.

Analyst Ratings Changes

WD has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods boosted their price objective on shares of Walker & Dunlop from $105.00 to $112.00 and gave the company a “market perform” rating in a research report on Thursday, July 25th. Wolfe Research raised shares of Walker & Dunlop to a “strong-buy” rating in a research report on Tuesday, September 24th. Wedbush upped their target price on shares of Walker & Dunlop from $105.00 to $110.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 25th. Finally, StockNews.com raised shares of Walker & Dunlop from a “sell” rating to a “hold” rating in a research report on Sunday, August 11th.

Insider Activity at Walker & Dunlop

In other Walker & Dunlop news, COO Stephen P. Theobald sold 13,870 shares of the company’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $106.10, for a total transaction of $1,471,607.00. Following the transaction, the chief operating officer now owns 53,869 shares in the company, valued at approximately $5,715,500.90. This represents a 20.48 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 5.47% of the stock is currently owned by insiders.

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.