Atria Investments Inc Acquires 870 Shares of Walker & Dunlop, Inc. (NYSE:WD)

Atria Investments Inc grew its holdings in Walker & Dunlop, Inc. (NYSE:WD) by 29.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,821 shares of the financial services provider’s stock after acquiring an additional 870 shares during the quarter. Atria Investments Inc’s holdings in Walker & Dunlop were worth $434,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. Russell Investments Group Ltd. boosted its position in shares of Walker & Dunlop by 3.2% during the first quarter. Russell Investments Group Ltd. now owns 20,314 shares of the financial services provider’s stock worth $2,053,000 after buying an additional 633 shares during the period. UniSuper Management Pty Ltd acquired a new position in Walker & Dunlop during the first quarter valued at approximately $795,000. CANADA LIFE ASSURANCE Co boosted its position in Walker & Dunlop by 5.2% during the first quarter. CANADA LIFE ASSURANCE Co now owns 39,954 shares of the financial services provider’s stock valued at $4,036,000 after purchasing an additional 1,970 shares during the last quarter. EntryPoint Capital LLC acquired a new position in Walker & Dunlop during the first quarter valued at approximately $57,000. Finally, Quadrature Capital Ltd acquired a new position in Walker & Dunlop during the first quarter valued at approximately $298,000. 80.97% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on WD. Keefe, Bruyette & Woods raised their price objective on Walker & Dunlop from $105.00 to $112.00 and gave the company a “market perform” rating in a research report on Thursday, July 25th. Wedbush raised 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. StockNews.com raised Walker & Dunlop from a “sell” rating to a “hold” rating in a research report on Sunday, August 11th. Finally, Wolfe Research raised Walker & Dunlop to a “strong-buy” rating in a research report on Tuesday, September 24th.

Insider Transactions at Walker & Dunlop

In other Walker & Dunlop 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 completion of the sale, the chief operating officer now directly owns 53,869 shares of the company’s stock, valued at approximately $5,715,500.90. The trade was a 20.48 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 5.26% of the company’s stock.

Walker & Dunlop Stock Performance

Shares of WD opened at $105.75 on Thursday. Walker & Dunlop, Inc. has a 52-week low of $81.14 and a 52-week high of $118.19. The firm has a market cap of $3.57 billion, a price-to-earnings ratio of 38.18 and a beta of 1.55. The business’s fifty day moving average is $110.71 and its 200-day moving average is $103.83.

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

Walker & Dunlop Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 22nd will be given a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 2.46%. The ex-dividend date is Friday, November 22nd. Walker & Dunlop’s dividend payout ratio (DPR) is presently 92.86%.

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.