Paula A. Pryor Sells 4,533 Shares of Walker & Dunlop, Inc. (NYSE:WD) Stock

Walker & Dunlop, Inc. (NYSE:WD) EVP Paula A. Pryor sold 4,533 shares of the company’s stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $97.33, for a total transaction of $441,196.89. Following the completion of the transaction, the executive vice president now owns 9,227 shares of the company’s stock, valued at approximately $898,063.91. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Walker & Dunlop Price Performance

NYSE WD opened at $97.94 on Friday. The firm has a market capitalization of $3.30 billion, a PE ratio of 35.74 and a beta of 1.54. Walker & Dunlop, Inc. has a 12 month low of $62.51 and a 12 month high of $113.67. The company’s 50 day simple moving average is $93.94 and its 200 day simple moving average is $92.39.

Walker & Dunlop (NYSE:WD) last issued its quarterly earnings results on Thursday, May 2nd. The financial services provider reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.36. The company had revenue of $228.10 million for the quarter, compared to analysts’ expectations of $251.82 million. Walker & Dunlop had a return on equity of 9.16% and a net margin of 8.87%. The firm’s revenue for the quarter was down 4.4% on a year-over-year basis. During the same period last year, the firm earned $1.17 EPS. Sell-side analysts anticipate that Walker & Dunlop, Inc. will post 4.2 earnings per share for the current fiscal year.

Walker & Dunlop Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Thursday, May 16th will be given a dividend of $0.65 per share. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $2.60 annualized dividend and a dividend yield of 2.65%. Walker & Dunlop’s dividend payout ratio (DPR) is 94.89%.

Hedge Funds Weigh In On Walker & Dunlop

Hedge funds have recently made changes to their positions in the business. Planned Solutions Inc. purchased a new position in Walker & Dunlop in the 4th quarter worth about $27,000. GAMMA Investing LLC acquired a new position in shares of Walker & Dunlop in the fourth quarter worth about $29,000. Fidelis Capital Partners LLC purchased a new position in shares of Walker & Dunlop in the first quarter worth approximately $34,000. Benjamin F. Edwards & Company Inc. raised its holdings in shares of Walker & Dunlop by 163.6% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 398 shares of the financial services provider’s stock valued at $40,000 after acquiring an additional 247 shares during the period. Finally, Strs Ohio lifted its position in shares of Walker & Dunlop by 133.3% in the 3rd quarter. Strs Ohio now owns 700 shares of the financial services provider’s stock valued at $51,000 after acquiring an additional 400 shares in the last quarter. Institutional investors and hedge funds own 80.97% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on WD shares. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $105.00 target price on shares of Walker & Dunlop in a research report on Tuesday, March 26th. StockNews.com lowered Walker & Dunlop from a “hold” rating to a “sell” rating in a report on Friday, March 22nd. Finally, Wedbush reaffirmed a “neutral” rating and issued a $95.00 price objective on shares of Walker & Dunlop in a report on Friday, May 3rd.

Walker & Dunlop Company Profile

Walker & Dunlop, Inc, through its subsidiaries, 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. It operates through three segments: Capital Markets, Servicing & Asset Management, and Corporate.