Chartwell Investment Partners LLC increased its position in Walker & Dunlop, Inc. (NYSE:WD)


Chartwell Investment Partners LLC increased its stake in Walker & Dunlop, Inc. (NYSE:WD – Get Rating ) by 4.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,562 shares of the financial services provider’s stock after purchasing an additional 608 shares during the quarter. Chartwell Investment Partners LLC’s holdings in Walker & Dunlop were worth $1,885,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. WINTON GROUP Ltd purchased a new position in Walker & Dunlop in the 4th quarter valued at about $316,000. Geode Capital Management LLC raised its holdings in Walker & Dunlop by 3.3% in the 4th quarter. Geode Capital Management LLC now owns 492,620 shares of the financial services provider’s stock valued at $74,326,000 after acquiring an additional 15,754 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Walker & Dunlop by 1.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 272,104 shares of the financial services provider’s stock valued at $41,055,000 after acquiring an additional 3,717 shares during the last quarter. EAM Global Investors LLC bought a new position in Walker & Dunlop in the 4th quarter worth about $3,126,000. Finally, Strs Ohio boosted its holdings in Walker & Dunlop by 233.3% in the 4th quarter. Strs Ohio now owns 2,000 shares of the financial services provider’s stock valued at $301,000 after acquiring an additional 1,400 shares during the last quarter. Institutional investors and hedge funds own 71.61% of the company’s shares.

In other news, Director Dana L. Schmaltz acquired 1,000 shares of the business’s stock in a transaction dated Friday, June 17th. The shares were acquired at an average price of $90.16 per share, for a total value of $90,160.00. Following the completion of the transaction, the director now directly owns 69,835 shares in the company, valued at approximately $6,296,323.60. The acquisition was disclosed in a legal filing with the SEC, which is available on the SEC’s website. Insiders own 8.05% of the company’s stock.

Separately, StockNews.com initiated coverage on shares of Walker & Dunlop in a report on Thursday, March 31st. They assign a “hold” rating to the company. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Moderate Buy” and a consensus target price of $171.00, according to MarketBeat.com.

NYSE:WD opened at $99.45 on Monday. The firm has a 50-day simple moving average of $101.77 and a 200-day simple moving average of $123.91. The company has a debt-to-equity ratio of 1.01, a current ratio of 160.37 and a quick earnings ratio of 160.37. The firm has a market cap of $3.29 billion, a PE ratio of 11.73 and a beta of 1.18. Walker & Dunlop, Inc. has a 1-year low of $88.20 and a 1-year high of $156.77.

Walker & Dunlop (NYSE:WD – Get Rating ) last posted its quarterly earnings data on Thursday, May 5th. The financial services provider reported $2.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.42. The business had revenue of $319.44 million during the quarter, compared to analyst estimates of $312.72 million. Walker & Dunlop had a net margin of 20.65% and a return on equity of 18.99%. The company’s revenue increased by 42.4% year-on-year. In the same quarter last year, the business reported $1.54 earnings per share. As a group, sell-side analysts expect Walker & Dunlop, Inc. to report 9.38 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 3rd. Shareholders of record on Thursday, May 19th were given a $0.60 dividend. This represents an annualized dividend of $2.40 and a dividend yield of 2.41%. The ex-dividend date of this dividend was Wednesday, May 18th. Walker & Dunlop’s dividend payout ratio is currently 28.30%.

Walker & Dunlop Company Profile (Get Rating)

Walker & Dunlop, Inc, through its subsidiaries, creates, sells and services a range of multifamily and other commercial real estate financing products and services for real estate owners and developers in the United States. The company offers first mortgage, second trust, add-on, construction, mezzanine, preferred equity, small balance and bridge/bridge loans.

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Institutional Ownership by Quarter for Walker & Dunlop (NYSE:WD)



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