2,000 Shares in Walker & Dunlop, Inc. (NYSE:WD) Purchased by Sage Mountain Advisors LLC

Sage Mountain Advisors LLC bought a new position in Walker & Dunlop, Inc. (NYSE:WD) during the fourth quarter, Holdings Channel reports. The firm bought 2,000 shares of the financial services provider’s stock, valued at approximately $222,000.

Other hedge funds also recently made changes to their positions in the company. Planned Solutions Inc. purchased a new stake in shares of Walker & Dunlop in the fourth quarter worth about $27,000. Strs Ohio lifted its position in shares of Walker & Dunlop by 133.3% in the third quarter. Strs Ohio now owns 700 shares of the financial services provider’s stock worth $51,000 after buying an additional 400 shares in the last quarter. Byrne Asset Management LLC bought a new stake in Walker & Dunlop during the third quarter worth approximately $56,000. CWM LLC increased its stake 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 acquiring an additional 619 shares during the last quarter. Finally, Arkadios Wealth Advisors bought a new stake in Walker & Dunlop during the fourth quarter worth approximately $205,000. 80.97% of the stock is currently owned by hedge funds and other institutional investors.

Walker & Dunlop Stock Performance

WD opened at $92.31 on Tuesday. The stock has a market cap of $3.10 billion, a price-to-earnings ratio of 29.03 and a beta of 1.53. The stock’s 50 day moving average price is $94.24 and its 200-day moving average price is $90.45. Walker & Dunlop, Inc. has a one year low of $61.06 and a one year high of $113.67.

Walker & Dunlop (NYSE:WD) last released its earnings results on Thursday, February 15th. The financial services provider reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.38. The firm had revenue of $274.30 million for the quarter, compared to analysts’ expectations of $276.76 million. Walker & Dunlop had a return on equity of 9.15% and a net margin of 10.18%. The company’s quarterly revenue was down 3.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.41 earnings per share. As a group, analysts predict that Walker & Dunlop, Inc. will post 4.21 earnings per share for the current fiscal year.

Walker & Dunlop Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were paid a dividend of $0.65 per share. This is a boost from Walker & Dunlop’s previous quarterly dividend of $0.63. The ex-dividend date was Thursday, February 29th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 2.82%. Walker & Dunlop’s dividend payout ratio is currently 81.76%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on WD. Wedbush cut Walker & Dunlop from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from $130.00 to $95.00 in a research note on Thursday, April 11th. StockNews.com cut Walker & Dunlop from a “hold” rating to a “sell” rating in a research note on Friday, March 22nd. Finally, Keefe, Bruyette & Woods reissued a “market perform” rating and set a $105.00 price objective on shares of Walker & Dunlop in a research note on Tuesday, March 26th. One analyst has rated the stock with a sell rating and three have given a hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $100.00.

Insider Activity

In other news, CFO Gregory Florkowski sold 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $96.45, for a total transaction of $385,800.00. Following the transaction, the chief financial officer now owns 11,809 shares of the company’s stock, valued at $1,138,978.05. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, Director Howard W. Smith III sold 20,166 shares of the business’s stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $93.56, for a total value of $1,886,730.96. Following the completion of the sale, the director now owns 191,508 shares in the company, valued at $17,917,488.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Gregory Florkowski sold 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $96.45, for a total value of $385,800.00. Following the completion of the sale, the chief financial officer now owns 11,809 shares of the company’s stock, valued at approximately $1,138,978.05. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 46,074 shares of company stock valued at $4,328,255. 5.26% of the stock is currently owned by insiders.

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.