Walker & Dunlop, Inc. (NYSE:WD) Shares Acquired by Blue Trust Inc.

Blue Trust Inc. increased its stake in Walker & Dunlop, Inc. (NYSE:WD) by 1,295.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 335 shares of the financial services provider’s stock after purchasing an additional 311 shares during the quarter. Blue Trust Inc.’s holdings in Walker & Dunlop were worth $38,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WD. National Bank of Canada FI raised its position in 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 worth $26,000 after acquiring an additional 185 shares in the last quarter. Fidelis Capital Partners LLC bought a new stake in Walker & Dunlop in the first quarter worth about $34,000. Benjamin F. Edwards & Company Inc. raised its position in 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 worth $56,000 after acquiring an additional 177 shares in the last quarter. EntryPoint Capital LLC bought a new stake in Walker & Dunlop in the first quarter worth about $57,000. Finally, GAMMA Investing LLC raised its holdings in Walker & Dunlop by 64.7% during the 3rd quarter. GAMMA Investing LLC now owns 654 shares of the financial services provider’s stock worth $74,000 after buying an additional 257 shares during the period. 80.97% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. StockNews.com upgraded Walker & Dunlop from a “sell” rating to a “hold” rating in a report on Sunday, August 11th. Keefe, Bruyette & Woods boosted their price objective on Walker & Dunlop from $105.00 to $112.00 and gave the stock a “market perform” rating in a report on Thursday, July 25th. Wolfe Research upgraded Walker & Dunlop to a “strong-buy” rating in a report on Tuesday, September 24th. Finally, Wedbush boosted their price objective on Walker & Dunlop from $105.00 to $110.00 and gave the stock a “neutral” rating in a report on Wednesday, September 25th.

Walker & Dunlop Price Performance

Shares of WD opened at $107.79 on Friday. The company has a market capitalization of $3.64 billion, a price-to-earnings ratio of 41.62 and a beta of 1.55. Walker & Dunlop, Inc. has a fifty-two week low of $66.36 and a fifty-two week high of $116.51. The business’s 50-day moving average is $109.84 and its 200-day moving average is $102.28.

Walker & Dunlop (NYSE:WD) last issued its earnings results on Thursday, August 8th. The financial services provider reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.07. The company had revenue of $270.70 million for the quarter, compared to the consensus estimate of $274.50 million. Walker & Dunlop had a return on equity of 9.65% and a net margin of 8.41%. The firm’s quarterly revenue was down .7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.98 EPS. Equities research analysts expect that Walker & Dunlop, Inc. will post 5.32 earnings per share for the current fiscal year.

Walker & Dunlop Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Thursday, August 22nd were paid a $0.65 dividend. The ex-dividend date of this dividend was Thursday, August 22nd. This represents a $2.60 annualized dividend and a dividend yield of 2.41%. Walker & Dunlop’s payout ratio is 100.39%.

Insider Activity at Walker & Dunlop

In related news, COO Stephen P. Theobald sold 13,870 shares of the business’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $106.10, for a total value of $1,471,607.00. Following the completion of the sale, the chief operating officer now owns 53,869 shares of the company’s stock, valued at approximately $5,715,500.90. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 5.47% of the stock is currently owned by company insiders.

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.