Dempze Nancy E Sells 1,400 Shares of Walker & Dunlop, Inc. (NYSE:WD)

Dempze Nancy E decreased its holdings in Walker & Dunlop, Inc. (NYSE:WD) by 11.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,100 shares of the financial services provider’s stock after selling 1,400 shares during the period. Dempze Nancy E’s holdings in Walker & Dunlop were worth $1,079,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. National Bank of Canada FI raised its position in shares of Walker & Dunlop by 42.2% in the 3rd quarter. National Bank of Canada FI now owns 391 shares of the financial services provider’s stock worth $44,000 after acquiring an additional 116 shares in the last quarter. Versor Investments LP grew its position in shares of Walker & Dunlop by 3.8% in the 4th quarter. Versor Investments LP now owns 3,426 shares of the financial services provider’s stock worth $333,000 after buying an additional 126 shares during the last quarter. Synergy Financial Group LTD raised its stake in shares of Walker & Dunlop by 1.7% during the 3rd quarter. Synergy Financial Group LTD now owns 8,601 shares of the financial services provider’s stock worth $977,000 after acquiring an additional 141 shares in the last quarter. Sage Mountain Advisors LLC lifted its position in Walker & Dunlop by 8.7% during the fourth quarter. Sage Mountain Advisors LLC now owns 2,380 shares of the financial services provider’s stock valued at $231,000 after acquiring an additional 190 shares during the last quarter. Finally, Xponance Inc. boosted its stake in Walker & Dunlop by 9.5% in the fourth quarter. Xponance Inc. now owns 2,308 shares of the financial services provider’s stock valued at $224,000 after acquiring an additional 201 shares in the last quarter. Hedge funds and other institutional investors own 80.97% of the company’s stock.

Walker & Dunlop Stock Down 2.4 %

Shares of Walker & Dunlop stock opened at $78.17 on Friday. The company has a 50 day moving average price of $87.65 and a 200 day moving average price of $99.47. The firm has a market capitalization of $2.66 billion, a P/E ratio of 24.50 and a beta of 1.63. Walker & Dunlop, Inc. has a 52 week low of $76.12 and a 52 week high of $118.19.

Walker & Dunlop (NYSE:WD) last posted its quarterly earnings results on Thursday, February 13th. The financial services provider reported $1.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.52 by ($0.18). The company had revenue of $341.45 million during the quarter, compared to analysts’ expectations of $316.82 million. Walker & Dunlop had a return on equity of 9.64% and a net margin of 9.55%. As a group, research analysts anticipate that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current fiscal year.

Walker & Dunlop Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were issued a $0.67 dividend. The ex-dividend date of this dividend was Friday, February 28th. This is a positive change from Walker & Dunlop’s previous quarterly dividend of $0.65. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.43%. Walker & Dunlop’s dividend payout ratio is currently 84.01%.

Insider Transactions at Walker & Dunlop

In other Walker & Dunlop news, CEO William M. Walker purchased 17,500 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The shares were bought at an average price of $86.21 per share, for a total transaction of $1,508,675.00. Following the acquisition, the chief executive officer now owns 411,271 shares in the company, valued at $35,455,672.91. This represents a 4.44 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 3.66% of the company’s stock.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods raised Walker & Dunlop from a “market perform” rating to an “outperform” rating and set a $105.00 price target on the stock in a research report on Thursday, March 6th.

About Walker & Dunlop

Walker & Dunlop, Inc is a holding company, which engages in the provision of commercial real estate and finance services. It operates through the following segments: Capital Markets, Servicing and Asset Management, and Corporate. The Capital Markets segment offers a comprehensive range of commercial real estate finance products to customers.