Walker & Dunlop, Inc. (NYSE:WD) Acquired by Fidelis Capital Partners LLC in 1st Quarter
Fidelis Capital Partners LLC Acquires Stake in Walker & Dunlop, Inc.
In a recent development, Fidelis Capital Partners LLC has acquired a new stake in Walker & Dunlop, Inc. (NYSE:WD). According to the company’s latest Form 13F filing with the Securities and Exchange Commission, Fidelis Capital Partners LLC purchased 332 shares of the financial services provider’s stock, valued at approximately $34,000.
This acquisition comes as several other institutional investors and hedge funds have also made modifications to their holdings of WD. Vanguard Group Inc., Dimensional Fund Advisors LP, Victory Capital Management Inc., Charles Schwab Investment Management Inc., and Norges Bank are among the notable investors who have increased their positions in Walker & Dunlop.
Walker & Dunlop’s price performance on the NYSE has been noteworthy, with the stock opening at $95.11 on Wednesday. The company has a 1-year low of $62.51 and a 1-year high of $113.67, with a market cap of $3.21 billion.
In terms of earnings, Walker & Dunlop reported $1.19 EPS for the quarter, surpassing the consensus estimate of $0.83 by $0.36. The company’s return on equity was 9.16%, with a net margin of 8.87%. Analysts anticipate that Walker & Dunlop will post 5.35 EPS for the current fiscal year.
Additionally, Walker & Dunlop recently declared a quarterly dividend, with investors of record on Thursday, May 16th receiving a $0.65 dividend. The ex-dividend date was Wednesday, May 15th, representing a $2.60 annualized dividend and a dividend yield of 2.73%.
In terms of analyst ratings, several research firms have weighed in on WD, with StockNews.com downgrading the stock to a “sell” rating. Keefe, Bruyette & Woods and Wedbush have also provided their insights on Walker & Dunlop’s performance.
In insider activity, EVP Paula A. Pryor sold 4,533 shares of the stock, with the transaction valued at $441,196.89. The executive vice president now holds 9,227 shares of the company’s stock.
Walker & Dunlop, Inc. operates through three segments: Capital Markets, Servicing & Asset Management, and Corporate. The company originates, sells, and services a range of multifamily and other commercial real estate financing products and services for owners and developers of real estate in the United States.
For more updates on Walker & Dunlop and related companies, investors can visit HoldingsChannel.com to access the latest 13F filings and insider trades.
