National Bank of Canada FI Acquires 116 Shares of Walker & Dunlop, Inc. (NYSE:WD)

National Bank of Canada FI boosted its holdings in shares of Walker & Dunlop, Inc. (NYSE:WD) by 42.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 391 shares of the financial services provider’s stock after purchasing an additional 116 shares during the period. National Bank of Canada FI’s holdings in Walker & Dunlop were worth $44,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in WD. Bank of Montreal Can grew its holdings in shares of Walker & Dunlop by 2.6% in the 2nd quarter. Bank of Montreal Can now owns 4,398 shares of the financial services provider’s stock worth $432,000 after purchasing an additional 110 shares during the last quarter. Signaturefd LLC boosted its position in Walker & Dunlop by 10.3% in the third quarter. Signaturefd LLC now owns 1,405 shares of the financial services provider’s stock valued at $160,000 after buying an additional 131 shares in the last quarter. Hsbc Holdings PLC grew its stake in Walker & Dunlop by 3.7% during the second quarter. Hsbc Holdings PLC now owns 4,851 shares of the financial services provider’s stock worth $473,000 after buying an additional 172 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its holdings in shares of Walker & Dunlop by 44.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 575 shares of the financial services provider’s stock worth $56,000 after buying an additional 177 shares in the last quarter. Finally, Sage Mountain Advisors LLC raised its stake in shares of Walker & Dunlop by 9.5% in the second quarter. Sage Mountain Advisors LLC now owns 2,190 shares of the financial services provider’s stock valued at $215,000 after acquiring an additional 190 shares during the last quarter. 80.97% of the stock is owned by institutional investors and hedge funds.

Walker & Dunlop Trading Down 1.5 %

Shares of WD stock opened at $105.91 on Wednesday. Walker & Dunlop, Inc. has a 1 year low of $87.20 and a 1 year high of $118.19. The firm’s 50 day moving average is $109.92 and its 200-day moving average is $105.35. The firm has a market capitalization of $3.58 billion, a price-to-earnings ratio of 37.82 and a beta of 1.53.

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

Walker & Dunlop Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 22nd were given a $0.65 dividend. The ex-dividend date was Friday, November 22nd. This represents a $2.60 dividend on an annualized basis and a yield of 2.46%. Walker & Dunlop’s payout ratio is 92.86%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Wedbush increased their price target on Walker & Dunlop from $105.00 to $110.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 25th. Wolfe Research upgraded Walker & Dunlop to a “strong-buy” rating in a report on Tuesday, September 24th.

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.