Walker & Dunlop, Inc. $WD Shares Sold by Amundi

Key Points

• Amundi has reduced its stake in Walker & Dunlop by 5.4%, now owning 161,603 shares worth approximately $12.9 million.
• Insider selling was reported, with EVP Paula A. Pryor selling 5,336 shares at an average price of $86.20, resulting in a significant decrease in her ownership by 36.36%.
• Analysts have mixed sentiments on the stock, with ratings ranging from Strong Buy to Hold, and an average target price set at $92.50.

Amundi decreased its holdings in shares of Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 5.4% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 161,603 shares of the financial services provider's stock after selling 9,229 shares during the period. Amundi owned approximately 0.48% of Walker & Dunlop worth $12,948,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. First Horizon Advisors Inc. purchased a new stake in shares of Walker & Dunlop during the first quarter worth about $27,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Walker & Dunlop during the first quarter worth about $32,000. Versant Capital Management Inc lifted its holdings in shares of Walker & Dunlop by 90.5% during the first quarter. Versant Capital Management Inc now owns 383 shares of the financial services provider's stock worth $33,000 after purchasing an additional 182 shares during the period. Parallel Advisors LLC lifted its holdings in shares of Walker & Dunlop by 122.0% during the first quarter. Parallel Advisors LLC now owns 444 shares of the financial services provider's stock worth $38,000 after purchasing an additional 244 shares during the period. Finally, National Bank of Canada FI lifted its holdings in shares of Walker & Dunlop by 81.9% during the first quarter. National Bank of Canada FI now owns 724 shares of the financial services provider's stock worth $62,000 after purchasing an additional 326 shares during the period. Hedge funds and other institutional investors own 80.97% of the company's stock.

Walker & Dunlop Trading Down 1.3%

Walker & Dunlop stock traded down $1.15 during mid-day trading on Friday, hitting $86.09. The company had a trading volume of 126,793 shares, compared to its average volume of 210,467. Walker & Dunlop, Inc. has a 12-month low of $64.48 and a 12-month high of $118.19. The company's fifty day moving average is $80.08 and its 200-day moving average is $77.22. The company has a market capitalization of $2.93 billion, a price-to-earnings ratio of 26.57 and a beta of 1.59.

Walker & Dunlop (NYSE:WD - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The financial services provider reported $1.15 EPS for the quarter, missing the consensus estimate of $1.29 by ($0.14). Walker & Dunlop had a return on equity of 8.81% and a net margin of 9.27%.The company had revenue of $319.24 million during the quarter, compared to analysts' expectations of $275.84 million. During the same quarter in the prior year, the company posted $1.23 EPS. The company's revenue for the quarter was up 17.9% on a year-over-year basis. As a group, sell-side analysts expect that Walker & Dunlop, Inc. will post 4.97 EPS for the current fiscal year.

Walker & Dunlop Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Thursday, August 21st were given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 3.1%. The ex-dividend date was Thursday, August 21st. Walker & Dunlop's dividend payout ratio is currently 82.72%.

Analyst Ratings Changes

A number of research firms recently commented on WD. Wall Street Zen raised Walker & Dunlop from a "strong sell" rating to a "hold" rating in a report on Saturday, August 9th. Wedbush reaffirmed a "neutral" rating and set a $90.00 target price on shares of Walker & Dunlop in a report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $92.50.

Insider Buying and Selling at Walker & Dunlop

In other news, EVP Paula A. Pryor sold 5,336 shares of the company's stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $86.20, for a total transaction of $459,963.20. Following the completion of the transaction, the executive vice president directly owned 9,341 shares of the company's stock, valued at $805,194.20. This represents a 36.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 3.66% of the stock is currently owned by insiders.

Walker & Dunlop Company Profile

Walker & Dunlop, Inc is a holding company, which engages in the provision of commercial real estate and finance services. It operates through the following segments: Capital Markets, Servicing and Asset Management, and Corporate. The Capital Markets segment offers a comprehensive range of commercial real estate finance products to customers.