Walker & Dunlop, Inc. (NYSE:WD) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lowered its position in shares of Walker & Dunlop, Inc. (NYSE:WD) by 2.7% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,467 shares of the financial services provider’s stock after selling 150 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Walker & Dunlop were worth $621,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its position in shares of Walker & Dunlop by 1.6% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,319,434 shares of the financial services provider’s stock valued at $129,566,000 after acquiring an additional 20,739 shares in the last quarter. Victory Capital Management Inc. increased its stake in Walker & Dunlop by 13.8% during the second quarter. Victory Capital Management Inc. now owns 1,063,522 shares of the financial services provider’s stock valued at $104,438,000 after purchasing an additional 129,289 shares during the last quarter. Impactive Capital LP raised its holdings in shares of Walker & Dunlop by 242.0% during the first quarter. Impactive Capital LP now owns 1,034,093 shares of the financial services provider’s stock worth $104,505,000 after purchasing an additional 731,714 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Walker & Dunlop by 0.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 377,417 shares of the financial services provider’s stock worth $37,062,000 after buying an additional 2,815 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in shares of Walker & Dunlop by 10.1% in the 2nd quarter. American Century Companies Inc. now owns 351,022 shares of the financial services provider’s stock valued at $34,470,000 after buying an additional 32,192 shares during the period. Institutional investors own 80.97% of the company’s stock.

Walker & Dunlop Trading Down 1.7 %

WD opened at $110.99 on Friday. The business’s 50 day moving average is $110.18 and its 200-day moving average is $102.83. The stock has a market cap of $3.75 billion, a PE ratio of 42.85 and a beta of 1.55. Walker & Dunlop, Inc. has a twelve month low of $68.88 and a twelve month high of $118.19.

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

Walker & Dunlop Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 22nd will be given a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 2.34%. Walker & Dunlop’s dividend payout ratio is presently 100.39%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Keefe, Bruyette & Woods increased their price objective on shares of Walker & Dunlop from $105.00 to $112.00 and gave the stock a “market perform” rating in a research note on Thursday, July 25th. Wolfe Research upgraded Walker & Dunlop to a “strong-buy” rating in a research report on Tuesday, September 24th. Wedbush boosted their price objective on 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 raised Walker & Dunlop from a “sell” rating to a “hold” rating in a research report on Sunday, August 11th.

Insider Buying and Selling 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 transaction of $1,471,607.00. Following the sale, the chief operating officer now owns 53,869 shares of the company’s stock, valued at $5,715,500.90. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 5.47% of the stock is owned by corporate 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.