Orion Portfolio Solutions LLC Invests $356,000 in Walker & Dunlop, Inc. (NYSE:WD)

Orion Portfolio Solutions LLC acquired a new stake in Walker & Dunlop, Inc. (NYSE:WD) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 3,135 shares of the financial services provider’s stock, valued at approximately $356,000.

A number of other institutional investors have also recently made changes to their positions in WD. National Bank of Canada FI raised its position in 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 purchasing an additional 185 shares in the last quarter. Blue Trust Inc. raised 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 in the last quarter. Benjamin F. Edwards & Company Inc. lifted its stake in Walker & Dunlop by 44.5% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 575 shares of the financial services provider’s stock worth $56,000 after acquiring an additional 177 shares during the last quarter. GAMMA Investing LLC grew its holdings in 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 acquiring an additional 257 shares in the last quarter. Finally, Asset Dedication LLC purchased a new stake in shares of Walker & Dunlop in the 2nd quarter valued at approximately $94,000. Institutional investors and hedge funds own 80.97% of the company’s stock.

Analyst Ratings Changes

WD has been the subject of several recent analyst reports. Wolfe Research raised shares of Walker & Dunlop to a “strong-buy” rating in a research report on Tuesday, September 24th. Wedbush upped their price objective on Walker & Dunlop from $105.00 to $110.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 25th.

Walker & Dunlop Trading Down 6.8 %

Shares of Walker & Dunlop stock opened at $98.72 on Thursday. The company has a fifty day simple moving average of $109.68 and a 200-day simple moving average of $105.31. Walker & Dunlop, Inc. has a 12-month low of $87.20 and a 12-month high of $118.19. The stock has a market cap of $3.33 billion, a price-to-earnings ratio of 35.26 and a beta of 1.53.

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 firm had revenue of $292.30 million for the quarter, compared to analysts’ expectations of $294.24 million. During the same period in the previous year, the business posted $1.11 EPS. The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. On average, 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 declared a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 22nd were given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 2.63%. The ex-dividend date was Friday, November 22nd. Walker & Dunlop’s dividend payout ratio (DPR) is 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.