Deprince Race & Zollo Inc. Sells 130,609 Shares of Walker & Dunlop, Inc. $WD

Deprince Race & Zollo Inc. lessened its stake in Walker & Dunlop, Inc. (NYSE:WD) by 15.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 728,463 shares of the financial services provider’s stock after selling 130,609 shares during the quarter. Deprince Race & Zollo Inc. owned 2.12% of Walker & Dunlop worth $32,329,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its holdings in Walker & Dunlop by 49.0% in the third quarter. JPMorgan Chase & Co. now owns 303,242 shares of the financial services provider’s stock worth $25,357,000 after buying an additional 99,658 shares during the last quarter. New Age Alpha Advisors LLC lifted its stake in shares of Walker & Dunlop by 1,401.9% in the fourth quarter. New Age Alpha Advisors LLC now owns 68,846 shares of the financial services provider’s stock worth $4,141,000 after buying an additional 64,262 shares in the last quarter. Royce & Associates LP grew its holdings in shares of Walker & Dunlop by 12.2% during the fourth quarter. Royce & Associates LP now owns 545,558 shares of the financial services provider’s stock valued at $32,815,000 after buying an additional 59,465 shares during the last quarter. Capitolis Liquid Global Markets LLC purchased a new stake in shares of Walker & Dunlop during the third quarter valued at approximately $2,651,000. Finally, SG Americas Securities LLC increased its position in shares of Walker & Dunlop by 632.8% during the fourth quarter. SG Americas Securities LLC now owns 49,604 shares of the financial services provider’s stock valued at $2,984,000 after acquiring an additional 42,835 shares in the last quarter. Institutional investors own 80.97% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Walker & Dunlop Stock Up 0.6%

Shares of NYSE WD opened at $55.03 on Thursday. The firm’s 50-day moving average price is $51.63 and its 200-day moving average price is $54.37. The company has a market cap of $1.89 billion, a PE ratio of 27.24 and a beta of 1.48. Walker & Dunlop, Inc. has a 52-week low of $42.12 and a 52-week high of $90.00.

Walker & Dunlop Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, May 21st were issued a $0.68 dividend. The ex-dividend date was Thursday, May 21st. This represents a $2.72 annualized dividend and a yield of 4.9%. Walker & Dunlop’s dividend payout ratio (DPR) is currently 134.65%.

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.