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

Deprince Race & Zollo Inc. lessened its position in shares of Walker & Dunlop, Inc. (NYSE:WD) by 15.2% in the first quarter, according to the company in its most recent Form 13F filing with the 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.’s holdings in Walker & Dunlop were worth $32,329,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Flagship Harbor Advisors LLC purchased a new position in Walker & Dunlop in the fourth quarter worth about $25,000. Caitong International Asset Management Co. Ltd increased its position in shares of Walker & Dunlop by 1,398.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 734 shares of the financial services provider’s stock valued at $44,000 after purchasing an additional 685 shares during the last quarter. Huntington National Bank increased its position in shares of Walker & Dunlop by 49.6% during the 3rd quarter. Huntington National Bank now owns 585 shares of the financial services provider’s stock valued at $49,000 after purchasing an additional 194 shares during the last quarter. Strs Ohio bought a new position in shares of Walker & Dunlop in the 1st quarter worth approximately $51,000. Finally, Empowered Funds LLC bought a new position in shares of Walker & Dunlop in the 4th quarter worth approximately $62,000. Institutional investors own 80.97% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Walker & Dunlop Stock Performance

NYSE:WD opened at $55.03 on Thursday. The stock has a 50-day simple moving average of $51.63 and a two-hundred day simple moving average of $54.37. Walker & Dunlop, Inc. has a 52-week low of $42.12 and a 52-week high of $90.00. The firm has a market capitalization of $1.89 billion, a PE ratio of 27.24 and a beta of 1.48.

Walker & Dunlop Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were given a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend was Thursday, May 21st. Walker & Dunlop’s payout ratio is presently 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.