Talkot Capital buys $8,847,400 stake in Walker & Dunlop (WD)

Walker & Dunlop (WD) : Talkot Capital scooped up 10,000 additional shares in Walker & Dunlop during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 310,000 shares of Walker & Dunlop which is valued at $8,847,400.Walker & Dunlop makes up approximately 13.82% of Talkot Capital’s portfolio.

Other Hedge Funds, Including , Glenmede Trust Co Na added WD to its portfolio by purchasing 35 company shares during the most recent quarter which is valued at $999.Argent Capital Management boosted its stake in WD in the latest quarter, The investment management firm added 15,025 additional shares and now holds a total of 91,125 shares of Walker & Dunlop which is valued at $2,544,210. Walker & Dunlop makes up approx 0.11% of Argent Capital Management’s portfolio. Stoneridge Investment Partners sold out all of its stake in WD during the most recent quarter. The investment firm sold 53,355 shares of WD which is valued $1,284,255.

Walker & Dunlop opened for trading at $28.66 and hit $29.29 on the upside on Monday, eventually ending the session at $29.23, with a gain of 2.13% or 0.61 points. The heightened volatility saw the trading volume jump to 2,62,533 shares. Company has a market cap of $900 M.

On the company’s financial health, Walker & Dunlop reported $0.96 EPS for the quarter, beating the analyst consensus estimate by $ 0.25 according to the earnings call on Nov 2, 2016. Analyst had a consensus of $0.71. The company had revenue of $154.80 million for the quarter, compared to analysts expectations of $129.21 million. The company’s revenue was up 28.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.66 EPS.

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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