Entropy Technologies LP Has $386,000 Holdings in Walker & Dunlop, Inc. (NYSE:WD)

Entropy Technologies LP lessened its stake in shares of Walker & Dunlop, Inc. (NYSE:WD) by 10.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,399 shares of the financial services provider’s stock after selling 400 shares during the quarter. Entropy Technologies LP’s holdings in Walker & Dunlop were worth $386,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of WD. National Bank of Canada FI lifted its holdings in shares of Walker & Dunlop by 205.6% during the second quarter. National Bank of Canada FI now owns 275 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 185 shares during the period. Blue Trust Inc. lifted its holdings in Walker & Dunlop by 1,295.8% during the 3rd quarter. Blue Trust Inc. now owns 335 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 311 shares during the last quarter. EntryPoint Capital LLC acquired a new position in Walker & Dunlop in the first quarter valued at about $57,000. Benjamin F. Edwards & Company Inc. grew its stake in Walker & Dunlop by 44.5% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 575 shares of the financial services provider’s stock worth $56,000 after buying an additional 177 shares during the last quarter. Finally, GAMMA Investing LLC increased its holdings in shares of Walker & Dunlop by 64.7% during the third quarter. GAMMA Investing LLC now owns 654 shares of the financial services provider’s stock worth $74,000 after buying an additional 257 shares in the last quarter. Institutional investors and hedge funds own 80.97% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on WD. Wedbush increased their price target on Walker & Dunlop from $105.00 to $110.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 25th. Wolfe Research upgraded Walker & Dunlop to a “strong-buy” rating in a research note on Tuesday, September 24th. StockNews.com upgraded shares of Walker & Dunlop from a “sell” rating to a “hold” rating in a research report on Sunday, August 11th. Finally, Keefe, Bruyette & Woods increased their price objective on Walker & Dunlop from $105.00 to $112.00 and gave the company a “market perform” rating in a research report on Thursday, July 25th.

Insider Activity at Walker & Dunlop

In other Walker & Dunlop news, COO Stephen P. Theobald sold 13,870 shares of the stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $106.10, for a total value of $1,471,607.00. Following the completion of the sale, the chief operating officer now directly owns 53,869 shares in the company, valued at $5,715,500.90. This represents a 20.48 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 5.47% of the stock is currently owned by corporate insiders.

Walker & Dunlop Stock Performance

Shares of WD stock opened at $106.62 on Friday. The firm’s 50 day moving average price is $110.53 and its two-hundred day moving average price is $103.41. Walker & Dunlop, Inc. has a 52-week low of $81.14 and a 52-week high of $118.19. The stock has a market cap of $3.60 billion, a PE ratio of 38.08 and a beta of 1.55.

Walker & Dunlop (NYSE:WD) last posted its quarterly earnings results on Thursday, November 7th. The financial services provider reported $1.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.29 by ($0.10). The company had revenue of $292.30 million during the quarter, compared to the consensus estimate of $294.24 million. Walker & Dunlop had a return on equity of 9.81% and a net margin of 8.91%. The firm’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.11 earnings per share. As a group, sell-side analysts predict that Walker & Dunlop, Inc. will post 5.18 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, December 6th. Stockholders of record on Friday, November 22nd will be paid a $0.65 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $2.60 dividend on an annualized basis and a dividend yield of 2.44%. Walker & Dunlop’s dividend payout ratio (DPR) is presently 92.86%.

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.