Talkot Capital Lowers stake in Walker & Dunlop (WD)

Walker & Dunlop (WD) : Talkot Capital reduced its stake in Walker & Dunlop by 33.89% during the most recent quarter end. The investment management company now holds a total of 500,000 shares of Walker & Dunlop which is valued at $11.9 Million after selling 256,295 shares in Walker & Dunlop , the firm said in a disclosure report filed with the SEC on May 13, 2016.Walker & Dunlop makes up approximately 17.51% of Talkot Capital’s portfolio.

Other Hedge Funds, Including , Susquehanna International Group Llp reduced its stake in WD by selling 2,433 shares or 17.59% in the most recent quarter. The Hedge Fund company now holds 11,399 shares of WD which is valued at $272,436.Menta Capital boosted its stake in WD in the latest quarter, The investment management firm added 12,500 additional shares and now holds a total of 27,000 shares of Walker & Dunlop which is valued at $645,300. Walker & Dunlop makes up approx 0.09% of Menta Capital’s portfolio.Alps Advisors Inc reduced its stake in WD by selling 2,667 shares or 12.78% in the most recent quarter. The Hedge Fund company now holds 18,205 shares of WD which is valued at $435,100. Old Mutual Global Investors (uk) Ltd. added WD to its portfolio by purchasing 16,484 company shares during the most recent quarter which is valued at $393,638. Walker & Dunlop makes up approx 0.01% of Old Mutual Global Investors (uk) Ltd.’s portfolio.

Walker & Dunlop opened for trading at $24.01 and hit $24.33 on the upside on Wednesday, eventually ending the session at $24.22, with a gain of 1.42% or 0.34 points. The heightened volatility saw the trading volume jump to 1,56,453 shares. Company has a market cap of $748 M.

On the company’s financial health, Walker & Dunlop reported $0.52 EPS for the quarter, missing the analyst consensus estimate by $ -0.09 based on the information available during the earnings call on May 4, 2016. Analyst had a consensus of $0.61. The company had revenue of $94.20 million for the quarter, compared to analysts expectations of $113.28 million. The company’s revenue was down -16.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.66 EPS.

Many Wall Street Analysts have commented on Walker & Dunlop. Walker & Dunlop was Upgraded by JMP Securities to ” Mkt Outperform” on May 5, 2016. Walker & Dunlop was Upgraded by Morgan Stanley to ” Overweight” on Feb 16, 2016.

Walker & Dunlop Inc. (Walker & Dunlop) is a holding company which conducts all of its operations through Walker & Dunlop LLC its operating company. Walker & Dunlop is a provider of commercial real estate financial services in the United States with a primary focus on multifamily lending. The Company originates sells and services a range of multifamily and other commercial real estate financing products including Multifamily Finance Federal Housing Administration Finance Capital Markets and Proprietary Capital. It originates and sells loans through the programs of the Federal National Mortgage Association (Fannie Mae) the Federal Home Loan Mortgage Corporation (Freddie Mac and together with Fannie Mae the government-sponsored enterprises) the Government National Mortgage Association (Ginnie Mae) and the Federal Housing Administration a division of the United States Department of Housing and Urban Development (together with Ginnie Mae HUD).

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