Walker & Dunlop, Inc. (WD) EVP Sells $459,536.00 in Stock

Walker & Dunlop, Inc. (NYSE:WD) EVP Richard C. Warner sold 8,800 shares of the business’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of $52.22, for a total value of $459,536.00. Following the completion of the sale, the executive vice president now directly owns 60,600 shares in the company, valued at approximately $3,164,532. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Shares of Walker & Dunlop stock traded up $0.90 on Tuesday, reaching $53.39. 151,470 shares of the company were exchanged, compared to its average volume of 167,807. The firm has a market capitalization of $1.60 billion, a PE ratio of 10.59 and a beta of 0.93. The company has a quick ratio of 6.51, a current ratio of 6.51 and a debt-to-equity ratio of 1.61. Walker & Dunlop, Inc. has a fifty-two week low of $37.96 and a fifty-two week high of $61.44.

Walker & Dunlop (NYSE:WD) last announced its earnings results on Wednesday, February 6th. The financial services provider reported $1.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.34 by $0.10. The company had revenue of $214.93 million for the quarter, compared to analyst estimates of $204.20 million. Walker & Dunlop had a return on equity of 18.33% and a net margin of 22.24%. Walker & Dunlop’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.26 earnings per share. Analysts expect that Walker & Dunlop, Inc. will post 5.4 EPS for the current year.

A number of research firms have recently commented on WD. Zacks Investment Research raised Walker & Dunlop from a “sell” rating to a “hold” rating in a research note on Tuesday, January 1st. JMP Securities boosted their price objective on Walker & Dunlop from $60.00 to $65.00 and gave the stock a “market outperform” rating in a research note on Thursday, February 21st. ValuEngine downgraded Walker & Dunlop from a “hold” rating to a “sell” rating in a research note on Wednesday, April 3rd. Finally, BTIG Research began coverage on Walker & Dunlop in a research note on Wednesday, March 13th. They issued a “buy” rating and a $70.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company. Walker & Dunlop currently has a consensus rating of “Buy” and a consensus target price of $64.40.

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Walker & Dunlop by 1.5% during the third quarter. Vanguard Group Inc. now owns 4,274,075 shares of the financial services provider’s stock worth $226,013,000 after purchasing an additional 64,431 shares during the period. Vanguard Group Inc raised its position in shares of Walker & Dunlop by 1.5% during the third quarter. Vanguard Group Inc now owns 4,274,075 shares of the financial services provider’s stock worth $226,013,000 after purchasing an additional 64,431 shares during the period. BlackRock Inc. raised its position in shares of Walker & Dunlop by 1.9% during the fourth quarter. BlackRock Inc. now owns 4,154,541 shares of the financial services provider’s stock worth $179,684,000 after purchasing an additional 79,067 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Walker & Dunlop by 0.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,835,756 shares of the financial services provider’s stock worth $79,397,000 after purchasing an additional 13,509 shares during the period. Finally, Boston Partners raised its position in shares of Walker & Dunlop by 6.6% during the fourth quarter. Boston Partners now owns 1,544,230 shares of the financial services provider’s stock worth $66,788,000 after purchasing an additional 95,273 shares during the period. 79.30% of the stock is currently owned by institutional investors.

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About Walker & Dunlop

Walker & Dunlop, Inc, through its subsidiaries, originates, sells, and services a range of multifamily and other commercial real estate loans for owners and developers of real estate in the United States. The company offers multifamily properties and commercial real estate finance products, such as first mortgage, second trust, supplemental, construction, mezzanine, preferred equity, small-balance, and bridge/interim loans.

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