Schwab Charles Investment Management Inc. Buys 7,260 Shares of Walker & Dunlop, Inc. (WD)

Schwab Charles Investment Management Inc. boosted its stake in shares of Walker & Dunlop, Inc. (NYSE:WD) by 5.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 137,244 shares of the financial services provider’s stock after acquiring an additional 7,260 shares during the quarter. Schwab Charles Investment Management Inc. owned about 0.44% of Walker & Dunlop worth $7,182,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of WD. Pinebridge Investments L.P. lifted its holdings in shares of Walker & Dunlop by 1.6% in the 2nd quarter. Pinebridge Investments L.P. now owns 18,195 shares of the financial services provider’s stock valued at $889,000 after buying an additional 294 shares during the period. LS Investment Advisors LLC lifted its holdings in shares of Walker & Dunlop by 29.0% in the 3rd quarter. LS Investment Advisors LLC now owns 4,084 shares of the financial services provider’s stock valued at $214,000 after buying an additional 919 shares during the period. Meeder Asset Management Inc. lifted its holdings in shares of Walker & Dunlop by 38.8% in the 3rd 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 period. Riverhead Capital Management LLC lifted its holdings in shares of Walker & Dunlop by 68.6% in the 2nd 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 period. Finally, Thrivent Financial For Lutherans lifted its holdings in shares of Walker & Dunlop by 7.6% in the 2nd quarter. Thrivent Financial For Lutherans now owns 16,910 shares of the financial services provider’s stock valued at $826,000 after buying an additional 1,200 shares during the period. 77.47% of the stock is owned by institutional investors.

Walker & Dunlop, Inc. (NYSE:WD) opened at $47.98 on Friday. The stock has a market capitalization of $1,490.00, a price-to-earnings ratio of 10.39 and a beta of 1.37. Walker & Dunlop, Inc. has a 1-year low of $29.93 and a 1-year 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 quarterly earnings data on Wednesday, November 8th. The financial services provider reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.09. The firm had revenue of $179.70 million during the quarter, compared to analysts’ expectations 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 was up 16.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.96 earnings per share. analysts predict that Walker & Dunlop, Inc. will post 4.49 EPS for the current year.

Several analysts have recently commented on the company. Keefe, Bruyette & Woods raised Walker & Dunlop from a “market perform” rating to an “outperform” rating in a report on Friday. They noted that the move was a valuation call. Zacks Investment Research raised Walker & Dunlop from a “sell” rating to a “hold” rating in a report on Wednesday, December 20th. TheStreet cut Walker & Dunlop from a “b-” rating to a “c+” rating in a report on Monday, December 4th. Finally, ValuEngine cut Walker & Dunlop from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Walker & Dunlop currently has a consensus rating of “Buy” and an average price target of $55.50.

In other Walker & Dunlop news, CFO Stephen P. Theobald sold 18,128 shares of the firm’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $51.18, for a total transaction of $927,791.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO William M. Walker sold 38,663 shares of the firm’s stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $47.74, for a total value of $1,845,771.62. Following the transaction, the chief executive officer now directly owns 1,435,666 shares of the company’s stock, valued at approximately $68,538,694.84. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 136,791 shares of company stock valued at $6,738,013. 11.70% of the stock is currently owned by insiders.

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Walker & Dunlop Profile

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.

Institutional Ownership by Quarter for Walker & Dunlop (NYSE:WD)

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