Dempze Nancy E Sells 5,300 Shares of Walker & Dunlop, Inc. $WD

Key Points

• Dempze Nancy E has reduced its stake in Walker & Dunlop, Inc. by 47.7%, selling 5,300 shares and now holding 5,800 shares valued at $409,000.
• The dividend paid on September 5th amounted to $0.67 per share, translating to an annualized dividend of $2.68 and a yield of 3.4%.
• Walker & Dunlop reported a miss in EPS for the most recent quarter, earning $1.15 per share compared to an expected $1.29, despite revenue rising by 17.9% year-over-year.

Dempze Nancy E reduced its stake in shares of Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 47.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,800 shares of the financial services provider's stock after selling 5,300 shares during the quarter. Dempze Nancy E's holdings in Walker & Dunlop were worth $409,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of WD. Kestra Advisory Services LLC raised its position in shares of Walker & Dunlop by 1.2% in the 1st quarter. Kestra Advisory Services LLC now owns 12,426 shares of the financial services provider's stock valued at $1,061,000 after acquiring an additional 148 shares during the period. GAMMA Investing LLC raised its position in shares of Walker & Dunlop by 26.1% in the 1st quarter. GAMMA Investing LLC now owns 764 shares of the financial services provider's stock valued at $65,000 after acquiring an additional 158 shares during the period. First Horizon Advisors Inc. acquired a new stake in shares of Walker & Dunlop in the 1st quarter valued at approximately $27,000. National Bank of Canada FI raised its position in shares of Walker & Dunlop by 81.9% in the 1st quarter. National Bank of Canada FI now owns 724 shares of the financial services provider's stock valued at $62,000 after acquiring an additional 326 shares during the period. Finally, Harbor Capital Advisors Inc. raised its position in shares of Walker & Dunlop by 2.6% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 13,527 shares of the financial services provider's stock valued at $953,000 after acquiring an additional 338 shares during the period. 80.97% of the stock is owned by institutional investors.

Walker & Dunlop Stock Performance

Shares of WD opened at $79.49 on Thursday. Walker & Dunlop, Inc. has a twelve month low of $64.48 and a twelve month high of $118.19. The firm's 50 day moving average price is $83.34 and its two-hundred day moving average price is $76.98. The firm has a market cap of $2.71 billion, a P/E ratio of 24.53 and a beta of 1.59.

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

Walker & Dunlop Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Thursday, August 21st were issued a $0.67 dividend. The ex-dividend date was Thursday, August 21st. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.4%. Walker & Dunlop's dividend payout ratio (DPR) is 82.72%.

Insider Activity

In other news, EVP Paula A. Pryor sold 5,336 shares of Walker & Dunlop stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $86.20, for a total value of $459,963.20. Following the sale, the executive vice president directly owned 9,341 shares in the company, valued at $805,194.20. This trade represents a 36.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 3.66% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

WD has been the topic of a number of analyst reports. Wall Street Zen upgraded shares of Walker & Dunlop from a "strong sell" rating to a "hold" rating in a research report on Saturday, August 9th. Wedbush reiterated a "neutral" rating and issued a $90.00 price target on shares of Walker & Dunlop in a research report on Thursday, August 14th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Walker & Dunlop in a research report on Wednesday. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $92.50.

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.

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