Walker & Dunlop (NYSE:WD) Sets New 12-Month Low After Earnings Miss

Walker & Dunlop, Inc. (NYSE:WD) reached a new 52-week low during mid-day trading on Thursday following a weaker than expected earnings announcement. The stock traded as low as $84.63 and last traded at $86.27, with a volume of 125828 shares. The stock had previously closed at $90.98.

The financial services provider reported $1.34 EPS for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.18). Walker & Dunlop had a return on equity of 9.81% and a net margin of 8.91%.

Hedge Funds Weigh In On Walker & Dunlop

Large investors have recently bought and sold shares of the company. Sterling Capital Management LLC grew its stake in shares of Walker & Dunlop by 456.4% in the fourth quarter. Sterling Capital Management LLC now owns 306 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 251 shares during the last quarter. Blue Trust Inc. lifted its holdings 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 worth $38,000 after buying an additional 311 shares during the period. National Bank of Canada FI grew its position in shares of Walker & Dunlop by 42.2% in the 3rd quarter. National Bank of Canada FI now owns 391 shares of the financial services provider’s stock valued at $44,000 after buying an additional 116 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in shares of Walker & Dunlop by 230.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 751 shares of the financial services provider’s stock valued at $72,000 after buying an additional 524 shares during the period. Finally, KBC Group NV raised its position in shares of Walker & Dunlop by 28.4% during the third quarter. KBC Group NV now owns 1,203 shares of the financial services provider’s stock worth $137,000 after acquiring an additional 266 shares during the last quarter. 80.97% of the stock is currently owned by institutional investors.

Walker & Dunlop Stock Down 5.4 %

The stock has a 50 day moving average of $97.16 and a 200 day moving average of $104.42. The company has a market capitalization of $2.91 billion, a price-to-earnings ratio of 30.74 and a beta of 1.55.

Walker & Dunlop Company 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.