International Assets Investment Management LLC Acquires Shares of 13,321 Walker & Dunlop, Inc. (NYSE:WD)

International Assets Investment Management LLC purchased a new position in shares of Walker & Dunlop, Inc. (NYSE:WD - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 13,321 shares of the financial services provider's stock, valued at approximately $1,479,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Planned Solutions Inc. acquired a new stake in shares of Walker & Dunlop in the fourth quarter valued at $27,000. Strs Ohio boosted its position in shares of Walker & Dunlop by 133.3% during the 3rd quarter. Strs Ohio now owns 700 shares of the financial services provider's stock valued at $51,000 after purchasing an additional 400 shares in the last quarter. Byrne Asset Management LLC bought a new position in shares of Walker & Dunlop in the 3rd quarter valued at approximately $56,000. CWM LLC boosted its position in Walker & Dunlop by 188.1% during the third quarter. CWM LLC now owns 948 shares of the financial services provider's stock worth $70,000 after purchasing an additional 619 shares during the period. Finally, Vest Financial LLC acquired a new position in Walker & Dunlop during the fourth quarter valued at approximately $253,000. Institutional investors own 80.97% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Wedbush downgraded shares of Walker & Dunlop from an "outperform" rating to a "neutral" rating and decreased their price objective for the company from $130.00 to $95.00 in a report on Thursday, April 11th. Keefe, Bruyette & Woods restated a "market perform" rating and issued a $105.00 price target on shares of Walker & Dunlop in a research note on Tuesday, March 26th. Finally, StockNews.com downgraded shares of Walker & Dunlop from a "hold" rating to a "sell" rating in a research note on Friday, March 22nd. One investment analyst has rated the stock with a sell rating and three have assigned a hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $100.00.

Insider Activity at Walker & Dunlop

In related news, EVP Paula A. Pryor sold 1,908 shares of Walker & Dunlop stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $94.09, for a total value of $179,523.72. Following the completion of the sale, the executive vice president now owns 3,707 shares of the company's stock, valued at approximately $348,791.63. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, Director Howard W. Smith III sold 20,000 shares of Walker & Dunlop stock in a transaction on Friday, February 9th. The stock was sold at an average price of $93.81, for a total transaction of $1,876,200.00. Following the sale, the director now directly owns 191,508 shares in the company, valued at approximately $17,965,365.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Paula A. Pryor sold 1,908 shares of the firm's stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $94.09, for a total value of $179,523.72. Following the completion of the transaction, the executive vice president now directly owns 3,707 shares in the company, valued at $348,791.63. The disclosure for this sale can be found here. In the last 90 days, insiders sold 46,074 shares of company stock valued at $4,328,255. 5.26% of the stock is owned by company insiders.

Walker & Dunlop Price Performance

NYSE WD traded up $1.07 during trading hours on Monday, reaching $92.31. The company's stock had a trading volume of 191,201 shares, compared to its average volume of 233,123. The firm has a fifty day simple moving average of $94.31 and a 200-day simple moving average of $90.29. The stock has a market cap of $3.10 billion, a P/E ratio of 28.69 and a beta of 1.53. Walker & Dunlop, Inc. has a 52 week low of $61.06 and a 52 week high of $113.67.

Walker & Dunlop (NYSE:WD - Get Free Report) last released its quarterly earnings results on Thursday, February 15th. The financial services provider reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.38. Walker & Dunlop had a net margin of 10.18% and a return on equity of 9.15%. The firm had revenue of $274.30 million during the quarter, compared to analyst estimates of $276.76 million. During the same quarter last year, the business earned $1.41 EPS. The company's revenue was down 3.0% compared to the same quarter last year. On average, research analysts expect that Walker & Dunlop, Inc. will post 4.21 earnings per share for the current year.

Walker & Dunlop Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were given a $0.65 dividend. The ex-dividend date was Thursday, February 29th. This represents a $2.60 annualized dividend and a yield of 2.82%. This is an increase from Walker & Dunlop's previous quarterly dividend of $0.63. Walker & Dunlop's dividend payout ratio (DPR) is presently 81.76%.

Walker & Dunlop Profile

Walker & Dunlop, Inc, through its subsidiaries, originates, sells, and services a range of multifamily and other commercial real estate financing products and services for owners and developers of real estate in the United States. It operates through three segments: Capital Markets, Servicing & Asset Management, and Corporate.