Mutual of America Capital Management LLC Lowers Stock Holdings in Walker & Dunlop, Inc. (NYSE:WD)

Mutual of America Capital Management LLC lessened its stake in shares of Walker & Dunlop, Inc. (NYSE:WD) by 13.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,823 shares of the financial services provider’s stock after selling 720 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Walker & Dunlop were worth $548,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of WD. National Bank of Canada FI lifted its holdings in shares of Walker & Dunlop by 205.6% in the 2nd quarter. National Bank of Canada FI now owns 275 shares of the financial services provider’s stock valued at $26,000 after buying an additional 185 shares during the period. Blue Trust Inc. lifted its holdings in Walker & Dunlop by 1,295.8% in the third quarter. Blue Trust Inc. now owns 335 shares of the financial services provider’s stock valued at $38,000 after acquiring an additional 311 shares during the period. Benjamin F. Edwards & Company Inc. boosted its position in shares of Walker & Dunlop by 44.5% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 575 shares of the financial services provider’s stock worth $56,000 after purchasing an additional 177 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of Walker & Dunlop by 64.7% during the 3rd quarter. GAMMA Investing LLC now owns 654 shares of the financial services provider’s stock worth $74,000 after purchasing an additional 257 shares during the period. Finally, Asset Dedication LLC purchased a new position in shares of Walker & Dunlop in the 2nd quarter valued at about $94,000. 80.97% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on WD. Wolfe Research raised shares of Walker & Dunlop to a “strong-buy” rating in a report on Tuesday, September 24th. StockNews.com raised Walker & Dunlop from a “sell” rating to a “hold” rating in a research note on Sunday, August 11th. Finally, Wedbush lifted their price objective on Walker & Dunlop from $105.00 to $110.00 and gave the stock a “neutral” rating in a report on Wednesday, September 25th.

Walker & Dunlop Trading Down 1.7 %

Shares of WD opened at $110.56 on Wednesday. Walker & Dunlop, Inc. has a 12-month low of $81.24 and a 12-month high of $118.19. The stock has a market cap of $3.73 billion, a P/E ratio of 39.49 and a beta of 1.55. The company has a 50-day moving average of $110.96 and a two-hundred day moving average of $104.24.

Walker & Dunlop (NYSE:WD) last issued 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). Walker & Dunlop had a return on equity of 9.81% and a net margin of 8.91%. The company had revenue of $292.30 million for the quarter, compared to analyst estimates of $294.24 million. During the same quarter in the prior year, the firm earned $1.11 earnings per share. The company’s revenue for the quarter was up 8.8% on a year-over-year basis. As a group, analysts forecast that Walker & Dunlop, Inc. will post 5.18 EPS for the current fiscal year.

Walker & Dunlop Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 22nd will be given a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date of this dividend is Friday, November 22nd. Walker & Dunlop’s dividend payout ratio is presently 92.86%.

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.