NumerixS Investment Technologies Inc increased its position in shares of Walker & Dunlop, Inc. (NYSE:WD) by 1,733.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,500 shares of the financial services provider’s stock after acquiring an additional 5,200 shares during the period. NumerixS Investment Technologies Inc’s holdings in Walker & Dunlop were worth $307,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently made changes to their positions in WD. Ladenburg Thalmann Financial Services Inc. raised its holdings in shares of Walker & Dunlop by 1,013.2% during the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,692 shares of the financial services provider’s stock worth $101,000 after acquiring an additional 1,540 shares in the last quarter. SG Americas Securities LLC bought a new position in Walker & Dunlop during the first quarter valued at about $127,000. Meeder Asset Management Inc. raised its holdings in Walker & Dunlop by 112.3% during the first quarter. Meeder Asset Management Inc. now owns 2,401 shares of the financial services provider’s stock valued at $143,000 after buying an additional 1,270 shares in the last quarter. Assetmark Inc. raised its holdings in Walker & Dunlop by 40,411.1% during the first quarter. Assetmark Inc. now owns 3,646 shares of the financial services provider’s stock valued at $217,000 after buying an additional 3,637 shares in the last quarter. Finally, Sei Investments Co. bought a new position in Walker & Dunlop during the first quarter valued at about $232,000. Institutional investors and hedge funds own 81.41% of the company’s stock.
NYSE WD opened at $54.58 on Thursday. Walker & Dunlop, Inc. has a fifty-two week low of $42.66 and a fifty-two week high of $61.44. The company has a debt-to-equity ratio of 1.62, a quick ratio of 6.99 and a current ratio of 6.99. The stock has a market cap of $1.70 billion, a price-to-earnings ratio of 11.45 and a beta of 0.66.
Walker & Dunlop (NYSE:WD) last posted its earnings results on Wednesday, August 1st. The financial services provider reported $1.28 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.34 by ($0.06). Walker & Dunlop had a net margin of 29.63% and a return on equity of 18.89%. The company had revenue of $178.20 million for the quarter, compared to the consensus estimate of $182.79 million. During the same quarter last year, the business earned $1.08 earnings per share. Walker & Dunlop’s quarterly revenue was up 7.1% on a year-over-year basis.
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 4th. Shareholders of record on Friday, August 17th were issued a dividend of $0.25 per share. The ex-dividend date was Thursday, August 16th. This represents a $1.00 annualized dividend and a yield of 1.83%. Walker & Dunlop’s dividend payout ratio (DPR) is currently 21.01%.
WD has been the topic of several recent research reports. ValuEngine lowered Walker & Dunlop from a “buy” rating to a “hold” rating in a report on Saturday, June 2nd. Wedbush raised their target price on Walker & Dunlop from $50.00 to $60.00 and gave the company a “neutral” rating in a report on Monday, June 18th. Finally, Compass Point restated a “buy” rating and set a $63.00 target price on shares of Walker & Dunlop in a report on Wednesday, August 1st. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $63.00.
In other news, EVP Richard C. Warner sold 20,859 shares of Walker & Dunlop stock in a transaction dated Wednesday, June 27th. The stock was sold at an average price of $56.24, for a total value of $1,173,110.16. Following the transaction, the executive vice president now directly owns 70,878 shares in the company, valued at $3,986,178.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Richard C. Warner sold 22,632 shares of Walker & Dunlop stock in a transaction dated Wednesday, July 25th. The stock was sold at an average price of $58.19, for a total value of $1,316,956.08. Following the completion of the transaction, the executive vice president now owns 67,145 shares in the company, valued at $3,907,167.55. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 152,128 shares of company stock worth $8,527,956. Corporate insiders own 11.70% of the company’s stock.
Walker & Dunlop Profile
Walker & Dunlop, Inc, through its subsidiaries, originates, sells, and services a range of multifamily and other commercial real estate loans for owners and developers of real estate in the United States. The company offers multifamily properties and commercial real estate finance products, such as first mortgage loans, second trust loans, supplemental financings, construction loans, mezzanine loans, and bridge/interim loans.
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