Walker & Dunlop, Inc. (NYSE:WD) Stock Holdings Lowered by Signaturefd LLC

Signaturefd LLC reduced its holdings in Walker & Dunlop, Inc. (NYSE:WD) by 14.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,259 shares of the financial services provider’s stock after selling 215 shares during the quarter. Signaturefd LLC’s holdings in Walker & Dunlop were worth $140,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in WD. Northern Trust Corp grew its position in Walker & Dunlop by 1.4% during the third quarter. Northern Trust Corp now owns 413,474 shares of the financial services provider’s stock valued at $30,696,000 after purchasing an additional 5,839 shares in the last quarter. Victory Capital Management Inc. grew its stake in Walker & Dunlop by 4,480.2% in the 3rd quarter. Victory Capital Management Inc. now owns 397,149 shares of the financial services provider’s stock valued at $29,484,000 after buying an additional 388,478 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Walker & Dunlop by 9.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 395,695 shares of the financial services provider’s stock valued at $29,376,000 after purchasing an additional 35,454 shares during the period. Bank of New York Mellon Corp boosted its holdings in Walker & Dunlop by 1.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 390,949 shares of the financial services provider’s stock valued at $29,024,000 after purchasing an additional 6,822 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its holdings in shares of Walker & Dunlop by 16.6% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 296,015 shares of the financial services provider’s stock worth $21,976,000 after acquiring an additional 42,160 shares during the period. Institutional investors and hedge funds own 80.97% of the company’s stock.

Analyst Upgrades and Downgrades

WD has been the subject of a number of analyst reports. StockNews.com downgraded shares of Walker & Dunlop from a “hold” rating to a “sell” rating in a report on Friday, March 22nd. Wedbush downgraded shares of Walker & Dunlop from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from $130.00 to $95.00 in a report on Thursday, April 11th. Finally, Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $105.00 target price on shares of Walker & Dunlop in a research report on Tuesday, March 26th. One analyst has rated the stock with a sell rating and three have issued a hold rating to the company’s stock. According to MarketBeat.com, Walker & Dunlop presently has a consensus rating of “Hold” and a consensus target price of $100.00.

Insider Buying and Selling

In related news, EVP Paula A. Pryor sold 1,908 shares of Walker & Dunlop stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $94.09, for a total transaction of $179,523.72. Following the transaction, the executive vice president now owns 3,707 shares of the company’s stock, valued at approximately $348,791.63. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CFO Gregory Florkowski sold 4,000 shares of the business’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $96.45, for a total transaction of $385,800.00. Following the transaction, the chief financial officer now directly owns 11,809 shares in the company, valued at $1,138,978.05. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Paula A. Pryor sold 1,908 shares of the business’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $94.09, for a total transaction of $179,523.72. Following the transaction, the executive vice president now owns 3,707 shares in the company, valued at $348,791.63. The disclosure for this sale can be found here. Insiders have sold 46,074 shares of company stock valued at $4,328,255 in the last 90 days. 5.26% of the stock is owned by insiders.

Walker & Dunlop Price Performance

Shares of NYSE:WD opened at $93.21 on Monday. Walker & Dunlop, Inc. has a one year low of $61.06 and a one year high of $113.67. The company has a 50 day moving average of $94.05 and a 200-day moving average of $91.05. The stock has a market cap of $3.13 billion, a price-to-earnings ratio of 29.31 and a beta of 1.53.

Walker & Dunlop (NYSE:WD) last released its quarterly earnings data on Thursday, February 15th. The financial services provider reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.38. Walker & Dunlop had a net margin of 10.18% and a return on equity of 9.15%. The business had revenue of $274.30 million for the quarter, compared to analyst estimates of $276.76 million. During the same quarter last year, the firm earned $1.41 EPS. Walker & Dunlop’s quarterly revenue was down 3.0% compared to the same quarter last year. Equities research analysts anticipate that Walker & Dunlop, Inc. will post 4.2 earnings per share for the current year.

Walker & Dunlop Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were paid a dividend of $0.65 per share. This is a positive change from Walker & Dunlop’s previous quarterly dividend of $0.63. The ex-dividend date was Thursday, February 29th. This represents a $2.60 annualized dividend and a yield of 2.79%. Walker & Dunlop’s dividend payout ratio (DPR) is presently 81.76%.

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.