SG Americas Securities LLC Buys 22,571 Shares of Walker & Dunlop, Inc. $WD

SG Americas Securities LLC grew its stake in shares of Walker & Dunlop, Inc. (NYSE:WD) by 45.5% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 72,175 shares of the financial services provider’s stock after buying an additional 22,571 shares during the period. SG Americas Securities LLC owned approximately 0.21% of Walker & Dunlop worth $3,203,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Royal Bank of Canada grew its position in Walker & Dunlop by 41.4% during the first quarter. Royal Bank of Canada now owns 8,196 shares of the financial services provider’s stock worth $699,000 after buying an additional 2,399 shares in the last quarter. AQR Capital Management LLC raised its holdings in Walker & Dunlop by 17.5% in the 1st quarter. AQR Capital Management LLC now owns 3,702 shares of the financial services provider’s stock valued at $316,000 after acquiring an additional 552 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Walker & Dunlop by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,115 shares of the financial services provider’s stock worth $1,632,000 after acquiring an additional 823 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Walker & Dunlop by 7.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 107,730 shares of the financial services provider’s stock worth $9,196,000 after acquiring an additional 7,470 shares during the period. Finally, Jane Street Group LLC lifted its position in shares of Walker & Dunlop by 1,136.3% in the 1st quarter. Jane Street Group LLC now owns 62,497 shares of the financial services provider’s stock worth $5,335,000 after acquiring an additional 57,442 shares during the period. Institutional investors and hedge funds own 80.97% of the company’s stock.

Walker & Dunlop Stock Up 1.9%

Shares of WD opened at $54.86 on Wednesday. The stock has a market cap of $1.88 billion, a price-to-earnings ratio of 27.16 and a beta of 1.50. Walker & Dunlop, Inc. has a 12 month low of $42.12 and a 12 month high of $90.00. The company has a 50-day moving average price of $51.55 and a two-hundred day moving average price of $54.43.

Walker & Dunlop Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were issued a $0.68 dividend. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $2.72 dividend on an annualized basis and a dividend yield of 5.0%. Walker & Dunlop’s dividend payout ratio is presently 134.65%.

Wall Street Analysts Forecast Growth

WD has been the topic of a number of research reports. Stephens initiated coverage on Walker & Dunlop in a research report on Thursday, April 23rd. They set an “overweight” rating and a $69.00 price objective on the stock. Keefe, Bruyette & Woods raised their target price on Walker & Dunlop from $65.00 to $67.00 and gave the stock an “outperform” rating in a research report on Friday, May 8th. Weiss Ratings cut Walker & Dunlop from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, May 28th. Finally, Wall Street Zen upgraded shares of Walker & Dunlop from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Five investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Walker & Dunlop currently has an average rating of “Moderate Buy” and a consensus target price of $79.20.

Walker & Dunlop Profile

Walker & Dunlop is one of the largest providers of commercial real estate finance in the United States, specializing in the origination, servicing and sale of loans secured by multifamily, seniors housing, healthcare, student housing and manufactured housing properties. The firm offers a full suite of debt and equity solutions, including agency financing through Fannie Mae and Freddie Mac, HUD and FHA-insured loans, bridge and construction financing, mezzanine debt, preferred equity, and investment sales advisory.

With roots dating back to 1937 and its headquarters in Bethesda, Maryland, Walker & Dunlop has expanded its platform through both organic growth and strategic acquisitions.