Crossmark Global Holdings Inc. Has $259,000 Stock Position in Walker & Dunlop, Inc. (NYSE:WD)

Crossmark Global Holdings Inc. lowered its holdings in shares of Walker & Dunlop, Inc. (NYSE:WD) by 8.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,660 shares of the financial services provider’s stock after selling 247 shares during the period. Crossmark Global Holdings Inc.’s holdings in Walker & Dunlop were worth $259,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. FMR LLC lifted its stake in shares of Walker & Dunlop by 48.7% in the 3rd quarter. FMR LLC now owns 1,227,874 shares of the financial services provider’s stock valued at $139,474,000 after purchasing an additional 402,313 shares during the period. Victory Capital Management Inc. lifted its stake in shares of Walker & Dunlop by 33.1% in the 3rd quarter. Victory Capital Management Inc. now owns 1,415,479 shares of the financial services provider’s stock valued at $160,784,000 after purchasing an additional 351,957 shares during the period. Erste Asset Management GmbH acquired a new position in shares of Walker & Dunlop in the 3rd quarter valued at about $19,843,000. First Sabrepoint Capital Management LP lifted its stake in shares of Walker & Dunlop by 100.0% in the 3rd quarter. First Sabrepoint Capital Management LP now owns 150,000 shares of the financial services provider’s stock valued at $17,038,000 after purchasing an additional 75,000 shares during the period. Finally, Ceredex Value Advisors LLC acquired a new position in shares of Walker & Dunlop in the 3rd quarter valued at about $8,156,000. Institutional investors and hedge funds own 80.97% of the company’s stock.

Walker & Dunlop Stock Performance

WD stock opened at $96.43 on Tuesday. The stock’s 50 day simple moving average is $100.86 and its 200 day simple moving average is $105.38. Walker & Dunlop, Inc. has a fifty-two week low of $85.63 and a fifty-two week high of $118.19. The company has a market cap of $3.26 billion, a P/E ratio of 34.44 and a beta of 1.55.

Walker & Dunlop (NYSE:WD) last issued 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 company had revenue of $292.30 million during the quarter, compared to analysts’ expectations of $294.24 million. Walker & Dunlop had a return on equity of 9.81% and a net margin of 8.91%. The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period last year, the company earned $1.11 earnings per share. Equities analysts predict that Walker & Dunlop, Inc. will post 5.14 earnings per share for the current year.

Walker & Dunlop Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 22nd were issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date of this dividend was Friday, November 22nd. Walker & Dunlop’s payout ratio is currently 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.