Janus Henderson Group PLC Sells 51,713 Shares of Walker & Dunlop, Inc. $WD

Janus Henderson Group PLC decreased its holdings in Walker & Dunlop, Inc. (NYSE:WD) by 4.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,131,767 shares of the financial services provider’s stock after selling 51,713 shares during the quarter. Janus Henderson Group PLC’s holdings in Walker & Dunlop were worth $50,228,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. State Street Corp raised its holdings in Walker & Dunlop by 2.6% in the 4th quarter. State Street Corp now owns 1,496,711 shares of the financial services provider’s stock worth $90,027,000 after purchasing an additional 37,828 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Walker & Dunlop by 8.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,369,114 shares of the financial services provider’s stock worth $60,760,000 after purchasing an additional 104,008 shares during the period. Alliancebernstein L.P. boosted its stake in shares of Walker & Dunlop by 10.4% during the 3rd quarter. Alliancebernstein L.P. now owns 1,198,071 shares of the financial services provider’s stock valued at $100,183,000 after purchasing an additional 113,282 shares in the last quarter. Deprince Race & Zollo Inc. boosted its stake in shares of Walker & Dunlop by 59.9% during the 4th quarter. Deprince Race & Zollo Inc. now owns 859,072 shares of the financial services provider’s stock valued at $51,673,000 after purchasing an additional 321,734 shares in the last quarter. Finally, Conversant Capital LLC increased its position in shares of Walker & Dunlop by 33.0% during the first quarter. Conversant Capital LLC now owns 560,316 shares of the financial services provider’s stock valued at $24,867,000 after buying an additional 138,936 shares during the period. Institutional investors own 80.97% of the company’s stock.

Wall Street Analyst Weigh In

WD has been the subject of a number of research reports. Stephens assumed coverage on shares of Walker & Dunlop in a research note on Thursday, April 23rd. They issued an “overweight” rating and a $69.00 price target for the company. Weiss Ratings downgraded Walker & Dunlop from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, July 20th. Keefe, Bruyette & Woods increased 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. Finally, Wall Street Zen upgraded Walker & Dunlop from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Five analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $79.20.

Walker & Dunlop Price Performance

NYSE:WD opened at $49.58 on Friday. The firm’s 50-day moving average price is $50.93 and its 200-day moving average price is $52.69. The company has a market capitalization of $1.70 billion, a PE ratio of 24.54 and a beta of 1.48. Walker & Dunlop, Inc. has a 1-year low of $42.12 and a 1-year high of $90.00.

Walker & Dunlop Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st were issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date was Thursday, May 21st. Walker & Dunlop’s dividend payout ratio is 134.65%.

About Walker & Dunlop

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.