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

Sage Mountain Advisors LLC purchased a new position in shares of Walker & Dunlop, Inc. (NYSE:WD) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 2,000 shares of the financial services provider’s stock, valued at approximately $222,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Planned Solutions Inc. bought a new position in Walker & Dunlop during the 4th quarter worth approximately $27,000. Strs Ohio grew its position in Walker & Dunlop by 133.3% during the 3rd quarter. Strs Ohio now owns 700 shares of the financial services provider’s stock worth $51,000 after acquiring an additional 400 shares during the last quarter. Byrne Asset Management LLC bought a new position in Walker & Dunlop during the 3rd quarter worth approximately $56,000. CWM LLC grew its position in Walker & Dunlop by 188.1% during the 3rd 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 position in Walker & Dunlop during the 4th quarter worth approximately $205,000. 80.97% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CFO Gregory Florkowski sold 4,000 shares of the firm’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 value of $385,800.00. Following the completion of the transaction, the chief financial officer now owns 11,809 shares in the company, valued at approximately $1,138,978.05. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, Director Howard W. Smith III sold 20,166 shares of the firm’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 transaction of $1,886,730.96. Following the completion of the transaction, the director now owns 191,508 shares of the company’s stock, valued at approximately $17,917,488.48. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Gregory Florkowski sold 4,000 shares of the firm’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 transaction, the chief financial officer now directly 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. Insiders sold a total of 46,074 shares of company stock worth $4,328,255 in the last quarter. 5.26% of the stock is owned by company insiders.

Walker & Dunlop Stock Performance

NYSE WD opened at $92.31 on Tuesday. Walker & Dunlop, Inc. has a fifty-two week low of $61.06 and a fifty-two week high of $113.67. The stock has a 50 day simple moving average of $94.24 and a two-hundred day simple moving average of $90.45. The stock has a market cap of $3.10 billion, a P/E ratio of 29.03 and a beta of 1.53.

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 company had revenue of $274.30 million during 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 firm’s revenue for the quarter was down 3.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.41 EPS. Sell-side analysts predict that Walker & Dunlop, Inc. will post 4.21 earnings per share for the current year.

Walker & Dunlop Increases Dividend

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

Analyst Ratings Changes

WD has been the subject of several research analyst reports. Wedbush cut Walker & Dunlop from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $130.00 to $95.00 in a report on Thursday, April 11th. StockNews.com cut Walker & Dunlop from a “hold” rating to a “sell” rating in a report on Friday, March 22nd. Finally, Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $105.00 price objective on shares of Walker & Dunlop in a report on Tuesday, March 26th. One equities research analyst has rated the stock with a sell rating and three have assigned a hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $100.00.

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.