Walker & Dunlop, Inc. (WD) EVP Sells $937,000.00 in Stock

Walker & Dunlop, Inc. (NYSE:WD) EVP Richard M. Lucas sold 20,000 shares of the business’s stock in a transaction dated Friday, January 5th. The stock was sold at an average price of $46.85, for a total value of $937,000.00. Following the sale, the executive vice president now owns 150,918 shares in the company, valued at approximately $7,070,508.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of Walker & Dunlop, Inc. (WD) traded down $0.19 during midday trading on Tuesday, reaching $47.63. The company had a trading volume of 347,011 shares, compared to its average volume of 241,868. The stock has a market capitalization of $1,480.00, a price-to-earnings ratio of 10.31 and a beta of 1.37. Walker & Dunlop, Inc. has a 52-week low of $29.93 and a 52-week high of $56.46. The company has a current ratio of 12.88, a quick ratio of 12.88 and a debt-to-equity ratio of 4.84.

Walker & Dunlop (NYSE:WD) last issued its earnings results on Wednesday, November 8th. The financial services provider reported $1.06 EPS for the quarter, beating the Zacks’ consensus estimate of $0.97 by $0.09. The firm had revenue of $179.70 million for the quarter, compared to analyst estimates of $166.38 million. Walker & Dunlop had a return on equity of 22.35% and a net margin of 21.81%. Walker & Dunlop’s revenue for the quarter was up 16.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.96 earnings per share. sell-side analysts anticipate that Walker & Dunlop, Inc. will post 4.49 earnings per share for the current year.

A number of brokerages have recently weighed in on WD. Keefe, Bruyette & Woods restated a “hold” rating and set a $49.00 price target on shares of Walker & Dunlop in a research note on Thursday, October 12th. ValuEngine lowered Walker & Dunlop from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 1st. TheStreet lowered Walker & Dunlop from a “b-” rating to a “c+” rating in a research note on Monday, December 4th. Finally, Zacks Investment Research lowered Walker & Dunlop from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 19th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $55.50.

Hedge funds and other institutional investors have recently modified their holdings of the stock. SG Americas Securities LLC purchased a new stake in Walker & Dunlop in the third quarter valued at approximately $123,000. Riverhead Capital Management LLC boosted its position in Walker & Dunlop by 68.6% in the second quarter. Riverhead Capital Management LLC now owns 2,698 shares of the financial services provider’s stock valued at $132,000 after buying an additional 1,098 shares during the last quarter. Flinton Capital Management LLC boosted its position in Walker & Dunlop by 69.4% in the second quarter. Flinton Capital Management LLC now owns 3,570 shares of the financial services provider’s stock valued at $174,000 after buying an additional 1,462 shares during the last quarter. Advisor Group Inc. boosted its position in Walker & Dunlop by 108.9% in the second quarter. Advisor Group Inc. now owns 3,912 shares of the financial services provider’s stock valued at $191,000 after buying an additional 2,039 shares during the last quarter. Finally, Meeder Asset Management Inc. boosted its position in Walker & Dunlop by 38.8% in the third quarter. Meeder Asset Management Inc. now owns 3,648 shares of the financial services provider’s stock valued at $191,000 after buying an additional 1,019 shares during the last quarter. Hedge funds and other institutional investors own 77.47% of the company’s stock.

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About Walker & Dunlop

Walker & Dunlop, Inc is a holding company, which conducts its operations through Walker & Dunlop, LLC. The Company provides commercial real estate financial products and services primarily to developers and owners of multifamily properties. The Company originates, sells and services a range of multifamily and other commercial real estate financing products, including Multifamily Finance, Federal Housing Administration (FHA) Finance, Capital Markets, and Proprietary Capital.

Insider Buying and Selling by Quarter for Walker & Dunlop (NYSE:WD)

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