George Baxter’s Sabrepoint Capital is Buying These 5 Stocks

3. Walker & Dunlop, Inc. (NYSE:WD)

Baxter’s  Stake Value: $20,354,000

Percentage of George Baxter’s 13F Portfolio: 6.41% 

Number of Hedge Fund Holders: 11

Walker & Dunlop, Inc. (NYSE: WD) is a real estate finance company that aids bankers and brokers dealing with commercial property. It provides finance and investment services to owners of real estate.

As per the latest 13F filings, Sabrepoint Capital owned 195000 shares in the company at the end of the second quarter of 2021, worth over $20.3 million. Walker & Dunlop, Inc. (NYSE: WD) has a dividend yield of 1.61% and has seen an annual increase of around $0.2 in its dividend per annum from the year 2018 to 2020. The company’s forward annual payout is $2.00. Moreover, for the second quarter of 2021, Walker & Dunlop, Inc. (NYSE: WD) recorded EPS of $1.73, missing the analyst’s estimates by $0.32. 

On October 7, investment advisory JMP securities maintained an Outperform rating on Walker & Dunlop, Inc. (NYSE: WD) stock and raised the price target from $130 to $140, citing the company’s Q2 results and the recent acquisition of Alliant Capital with an enterprise value of $696 million.

As of the second quarter of 2021, Royce & Associates is the leading investor in Walker & Dunlop, Inc. (NYSE: WD). Overall, 11 funds out of the 873  tracked by Insider Monkey were bullish on Walker & Dunlop, Inc. (NYSE: WD), compared to 19 in the preceding quarter. The total value of these stakes is over $78.4 million.