Xponance Inc. Has $224,000 Stock Holdings in Walker & Dunlop, Inc. (NYSE:WD)

Xponance Inc. lifted its stake in Walker & Dunlop, Inc. (NYSE:WD) by 9.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 2,308 shares of the financial services provider’s stock after buying an additional 201 shares during the period. Xponance Inc.’s holdings in Walker & Dunlop were worth $224,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. National Bank of Canada FI increased its position in shares of Walker & Dunlop by 42.2% during the 3rd quarter. National Bank of Canada FI now owns 391 shares of the financial services provider’s stock worth $44,000 after purchasing an additional 116 shares during the last quarter. Smartleaf Asset Management LLC grew 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 in the last quarter. KBC Group NV increased its holdings in Walker & Dunlop by 33.6% during the fourth quarter. KBC Group NV now owns 1,607 shares of the financial services provider’s stock worth $156,000 after buying an additional 404 shares during the last quarter. Crewe Advisors LLC raised its position in Walker & Dunlop by 42.9% during the fourth quarter. Crewe Advisors LLC now owns 2,000 shares of the financial services provider’s stock worth $194,000 after acquiring an additional 600 shares in the last quarter. Finally, Quantinno Capital Management LP acquired a new stake in Walker & Dunlop in the third quarter valued at $230,000. Institutional investors own 80.97% of the company’s stock.

Walker & Dunlop Trading Down 1.6 %

WD opened at $84.00 on Friday. The stock’s fifty day simple moving average is $88.97 and its 200 day simple moving average is $100.27. Walker & Dunlop, Inc. has a 1-year low of $81.07 and a 1-year high of $118.19. The stock has a market cap of $2.85 billion, a PE ratio of 26.33 and a beta of 1.63.

Walker & Dunlop (NYSE:WD) last issued its quarterly earnings data on Thursday, February 13th. The financial services provider reported $1.34 earnings per share for the quarter, missing the consensus estimate of $1.52 by ($0.18). The company had revenue of $341.45 million during the quarter, compared to the consensus estimate of $316.82 million. Walker & Dunlop had a net margin of 9.55% and a return on equity of 9.64%. Equities analysts forecast that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current year.

Walker & Dunlop Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date of this dividend was Friday, February 28th. This is a boost from Walker & Dunlop’s previous quarterly dividend of $0.65. Walker & Dunlop’s payout ratio is currently 84.01%.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods upgraded shares of Walker & Dunlop from a “market perform” rating to an “outperform” rating and set a $105.00 price objective on the stock in a research note on Thursday, March 6th.

Insider Activity

In other Walker & Dunlop news, CEO William M. Walker purchased 17,500 shares of the firm’s stock in a transaction that occurred on Thursday, March 6th. The shares were acquired at an average cost of $86.21 per share, for a total transaction of $1,508,675.00. Following the completion of the purchase, the chief executive officer now owns 411,271 shares of the company’s stock, valued at approximately $35,455,672.91. The trade was a 4.44 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 3.66% of the stock is owned by company insiders.

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.