Walker & Dunlop, Inc. (WD) EVP Richard C. Warner Sells 8,800 Shares

Walker & Dunlop, Inc. (NYSE:WD) EVP Richard C. Warner sold 8,800 shares of the company’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $53.96, for a total transaction of $474,848.00. Following the transaction, the executive vice president now owns 51,800 shares in the company, valued at approximately $2,795,128. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Shares of NYSE:WD traded down $0.67 during trading on Friday, hitting $53.07. The company’s stock had a trading volume of 123,205 shares, compared to its average volume of 219,592. Walker & Dunlop, Inc. has a 12 month low of $37.96 and a 12 month high of $60.67. The company has a quick ratio of 4.70, a current ratio of 4.70 and a debt-to-equity ratio of 1.76. The stock has a market capitalization of $1.66 billion, a PE ratio of 10.53 and a beta of 0.94.

Walker & Dunlop (NYSE:WD) last issued its quarterly earnings data on Wednesday, May 1st. The financial services provider reported $1.39 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.05 by $0.34. Walker & Dunlop had a net margin of 22.05% and a return on equity of 18.67%. The firm had revenue of $187.44 million for the quarter, compared to analysts’ expectations of $161.10 million. During the same quarter in the prior year, the business earned $1.14 EPS. The business’s quarterly revenue was up 27.1% on a year-over-year basis. Analysts expect that Walker & Dunlop, Inc. will post 5.4 earnings per share for the current fiscal year.



The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 4th. Stockholders of record on Friday, May 17th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.26%. The ex-dividend date of this dividend is Thursday, May 16th. Walker & Dunlop’s dividend payout ratio (DPR) is presently 23.81%.

Several large investors have recently modified their holdings of the company. Legal & General Group Plc grew its holdings in shares of Walker & Dunlop by 0.3% in the fourth quarter. Legal & General Group Plc now owns 66,812 shares of the financial services provider’s stock valued at $2,886,000 after purchasing an additional 190 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its position in Walker & Dunlop by 1.8% in the first quarter. Oregon Public Employees Retirement Fund now owns 11,131 shares of the financial services provider’s stock worth $567,000 after buying an additional 201 shares during the last quarter. Meeder Asset Management Inc. lifted its position in shares of Walker & Dunlop by 2.4% during the first quarter. Meeder Asset Management Inc. now owns 8,786 shares of the financial services provider’s stock worth $448,000 after purchasing an additional 202 shares during the last quarter. Piedmont Investment Advisors Inc. lifted its position in shares of Walker & Dunlop by 3.2% during the fourth quarter. Piedmont Investment Advisors Inc. now owns 6,820 shares of the financial services provider’s stock worth $295,000 after purchasing an additional 212 shares during the last quarter. Finally, Public Employees Retirement System of Ohio lifted its position in shares of Walker & Dunlop by 3.0% during the fourth quarter. Public Employees Retirement System of Ohio now owns 8,832 shares of the financial services provider’s stock worth $382,000 after purchasing an additional 257 shares during the last quarter. Hedge funds and other institutional investors own 80.12% of the company’s stock.

Several brokerages have recently weighed in on WD. ValuEngine upgraded shares of Walker & Dunlop from a “sell” rating to a “hold” rating in a research note on Wednesday, April 24th. Zacks Investment Research cut shares of Walker & Dunlop from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 18th. BTIG Research began coverage on shares of Walker & Dunlop in a research note on Wednesday, March 13th. They issued a “buy” rating and a $70.00 price objective on the stock. Finally, JMP Securities increased their price objective on shares of Walker & Dunlop from $60.00 to $65.00 and gave the stock a “market outperform” rating in a research note on Thursday, February 21st. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Walker & Dunlop currently has a consensus rating of “Buy” and an average target price of $64.00.

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About Walker & Dunlop

Walker & Dunlop, Inc, through its subsidiaries, originates, sells, and services a range of multifamily and other commercial real estate loans for owners and developers of real estate in the United States. The company offers multifamily properties and commercial real estate finance products, such as first mortgage, second trust, supplemental, construction, mezzanine, preferred equity, small-balance, and bridge/interim loans.

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