Paula Pryor Sells 5,336 Shares of Walker & Dunlop (NYSE:WD) Stock

Key Points

• Paula Pryor, EVP of Walker & Dunlop, sold 5,336 shares at an average price of $86.20, reducing her holdings by 36.36% and leaving her with 9,341 shares valued at approximately $805,194.20.
• Walker & Dunlop reported Q2 earnings of $1.15 per share, falling short of estimates, but achieved a revenue of $319.24 million, showcasing a year-over-year growth of 17.9%.
• The company announced a quarterly dividend of $0.67 per share, reflecting a 3.3% yield and a payout ratio of 82.72%, with the payment scheduled for September 5th.

Walker & Dunlop, Inc. (NYSE:WD - Get Free Report) EVP Paula Pryor sold 5,336 shares of the business's 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 completion of the sale, the executive vice president owned 9,341 shares in the company, valued at $805,194.20. The trade was a 36.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Walker & Dunlop Stock Performance

NYSE WD traded down $0.97 during trading on Wednesday, hitting $82.12. The stock had a trading volume of 347,107 shares, compared to its average volume of 242,344. The company has a market capitalization of $2.80 billion, a PE ratio of 25.34 and a beta of 1.59. The company's 50-day moving average price is $77.96 and its two-hundred day moving average price is $77.11. Walker & Dunlop, Inc. has a 12 month low of $64.48 and a 12 month high of $118.19.

Walker & Dunlop (NYSE:WD - Get Free Report) last released its earnings results 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). The firm had revenue of $319.24 million during the quarter, compared to the consensus estimate of $275.84 million. Walker & Dunlop had a net margin of 9.27% and a return on equity of 8.81%. The company's revenue was up 17.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.23 EPS. As a group, equities analysts anticipate that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current fiscal year.

Walker & Dunlop Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 5th. Shareholders of record on Thursday, August 21st will be given a dividend of $0.67 per share. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $2.68 annualized dividend and a dividend yield of 3.3%. Walker & Dunlop's payout ratio is 82.72%.

Institutional Investors Weigh In On Walker & Dunlop

Several institutional investors and hedge funds have recently made changes to their positions in WD. First Horizon Advisors Inc. acquired a new stake in shares of Walker & Dunlop in the first quarter valued at about $27,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Walker & Dunlop in the first quarter valued at about $32,000. Versant Capital Management Inc grew its stake in 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. Allworth Financial LP grew its stake in Walker & Dunlop by 115.8% during the second quarter. Allworth Financial LP now owns 479 shares of the financial services provider's stock worth $34,000 after purchasing an additional 257 shares during the period. Finally, Parallel Advisors LLC grew its stake in 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. Institutional investors and hedge funds own 80.97% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Wall Street Zen raised Walker & Dunlop from a "strong sell" rating to a "hold" rating in a research report on Saturday, August 9th. Wedbush reaffirmed a "neutral" rating and issued a $90.00 price objective 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 issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus 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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