Walker & Dunlop, Inc. (NYSE:WD) Shares Sold by Independent Advisor Alliance

Independent Advisor Alliance lessened its holdings in shares of Walker & Dunlop, Inc. (NYSE:WD) by 2.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 3,793 shares of the financial services provider’s stock after selling 91 shares during the period. Independent Advisor Alliance’s holdings in Walker & Dunlop were worth $431,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Bank of Montreal Can lifted its stake in shares of Walker & Dunlop by 2.6% in the second quarter. Bank of Montreal Can now owns 4,398 shares of the financial services provider’s stock worth $432,000 after buying an additional 110 shares in the last quarter. Signaturefd LLC lifted its stake in Walker & Dunlop by 10.3% in the 3rd quarter. Signaturefd LLC now owns 1,405 shares of the financial services provider’s stock worth $160,000 after purchasing an additional 131 shares in the last quarter. Hsbc Holdings PLC boosted its holdings in shares of Walker & Dunlop by 3.7% during the 2nd quarter. Hsbc Holdings PLC now owns 4,851 shares of the financial services provider’s stock worth $473,000 after purchasing an additional 172 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its position in shares of Walker & Dunlop by 44.5% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 575 shares of the financial services provider’s stock valued at $56,000 after purchasing an additional 177 shares in the last quarter. Finally, National Bank of Canada FI increased its holdings in shares of Walker & Dunlop by 205.6% in the second quarter. National Bank of Canada FI now owns 275 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 185 shares during the last quarter. Hedge funds and other institutional investors own 80.97% of the company’s stock.

Walker & Dunlop Trading Up 0.2 %

NYSE WD opened at $110.82 on Friday. The stock has a fifty day simple moving average of $111.00 and a 200-day simple moving average of $104.33. The stock has a market cap of $3.74 billion, a PE ratio of 39.58 and a beta of 1.55. Walker & Dunlop, Inc. has a twelve month low of $81.74 and a twelve month high of $118.19.

Walker & Dunlop (NYSE:WD) last issued its quarterly earnings data on Thursday, November 7th. The financial services provider reported $1.19 EPS for the quarter, missing the consensus estimate of $1.29 by ($0.10). The company had revenue of $292.30 million during the quarter, compared to analyst estimates of $294.24 million. Walker & Dunlop had a return on equity of 9.81% and a net margin of 8.91%. The business’s revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.11 earnings per share. Research analysts predict that Walker & Dunlop, Inc. will post 5.18 EPS for the current year.

Walker & Dunlop Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 22nd will be given a $0.65 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $2.60 annualized dividend and a yield of 2.35%. Walker & Dunlop’s dividend payout ratio is presently 92.86%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on WD. Wolfe Research raised Walker & Dunlop to a “strong-buy” rating in a research note on Tuesday, September 24th. Wedbush boosted their price target on shares of Walker & Dunlop from $105.00 to $110.00 and gave the company a “neutral” rating in a research report on Wednesday, September 25th. Finally, StockNews.com upgraded shares of Walker & Dunlop from a “sell” rating to a “hold” rating in a research report on Sunday, August 11th.

Walker & Dunlop 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.