Walker & Dunlop, Inc. (NYSE:WD) Shares Sold by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund decreased its position in shares of Walker & Dunlop, Inc. (NYSE:WD) by 4.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,467 shares of the financial services provider’s stock after selling 742 shares during the quarter. Illinois Municipal Retirement Fund owned about 0.05% of Walker & Dunlop worth $1,698,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Blue Trust Inc. boosted its stake 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. International Assets Investment Management LLC boosted its position in shares of Walker & Dunlop by 11,259.2% during the third quarter. International Assets Investment Management LLC now owns 13,631 shares of the financial services provider’s stock worth $1,548,000 after buying an additional 13,511 shares during the period. US Bancorp DE grew its holdings in Walker & Dunlop by 57.2% in the 3rd quarter. US Bancorp DE now owns 6,339 shares of the financial services provider’s stock worth $720,000 after buying an additional 2,306 shares in the last quarter. Ceredex Value Advisors LLC bought a new position in Walker & Dunlop in the 3rd quarter worth approximately $8,156,000. Finally, Harbor Capital Advisors Inc. increased its position in Walker & Dunlop by 3.4% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 9,326 shares of the financial services provider’s stock valued at $1,059,000 after acquiring an additional 307 shares during the period. Institutional investors own 80.97% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods reduced their price target on Walker & Dunlop from $120.00 to $105.00 and set a “market perform” rating for the company in a research report on Friday, February 14th.

Walker & Dunlop Trading Up 1.0 %

WD stock opened at $85.81 on Friday. The firm’s 50-day moving average is $92.44 and its two-hundred day moving average is $102.91. The company has a market capitalization of $2.90 billion, a price-to-earnings ratio of 26.90 and a beta of 1.55. Walker & Dunlop, Inc. has a 52 week low of $81.97 and a 52 week high of $118.19.

Walker & Dunlop (NYSE:WD) last announced its earnings results on Thursday, February 13th. The financial services provider reported $1.34 EPS for the quarter, missing the consensus estimate of $1.52 by ($0.18). The firm 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, equities research analysts predict that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current year.

Walker & Dunlop Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be issued a $0.67 dividend. This is a positive change from Walker & Dunlop’s previous quarterly dividend of $0.65. The ex-dividend date is Friday, February 28th. This represents a $2.68 annualized dividend and a dividend yield of 3.12%. Walker & Dunlop’s dividend payout ratio is 84.01%.

Walker & Dunlop 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.