Walker & Dunlop, Inc. (NYSE:WD) Position Boosted by BSW Wealth Partners

BSW Wealth Partners raised its position in shares of Walker & Dunlop, Inc. (NYSE:WD) by 54.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,077 shares of the financial services provider’s stock after buying an additional 9,955 shares during the quarter. BSW Wealth Partners owned about 0.08% of Walker & Dunlop worth $3,189,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in WD. Harbor Capital Advisors Inc. raised its position in shares of Walker & Dunlop by 3.4% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 9,326 shares of the financial services provider’s stock worth $1,059,000 after purchasing an additional 307 shares during the period. Ceredex Value Advisors LLC acquired a new stake in shares of Walker & Dunlop in the third quarter valued at approximately $8,156,000. US Bancorp DE raised its stake in Walker & Dunlop by 57.2% during the 3rd quarter. US Bancorp DE now owns 6,339 shares of the financial services provider’s stock valued at $720,000 after acquiring an additional 2,306 shares in the last quarter. Arkadios Wealth Advisors bought a new stake in Walker & Dunlop during the 3rd quarter valued at $332,000. Finally, Moody Aldrich Partners LLC boosted its position in Walker & Dunlop by 92.2% during the 3rd quarter. Moody Aldrich Partners LLC now owns 67,122 shares of the financial services provider’s stock worth $7,624,000 after acquiring an additional 32,207 shares during the period. 80.97% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Walker & Dunlop Trading Down 1.5 %

WD stock traded down $1.59 on Friday, hitting $107.78. 123,974 shares of the company’s stock traded hands, compared to its average volume of 141,690. The stock has a market cap of $3.64 billion, a price-to-earnings ratio of 41.61 and a beta of 1.55. Walker & Dunlop, Inc. has a 1-year low of $66.36 and a 1-year high of $116.51. The stock has a fifty day moving average of $109.84 and a 200-day moving average of $102.36.

Walker & Dunlop (NYSE:WD) last announced its quarterly earnings data on Thursday, August 8th. The financial services provider reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.07. The company had revenue of $270.70 million during the quarter, compared to the consensus estimate of $274.50 million. Walker & Dunlop had a return on equity of 9.65% and a net margin of 8.41%. The company’s quarterly revenue was down .7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.98 EPS. On average, equities research analysts anticipate that Walker & Dunlop, Inc. will post 5.32 earnings per share for the current fiscal year.

Walker & Dunlop Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Shareholders of record on Thursday, August 22nd were issued a dividend of $0.65 per share. The ex-dividend date of this dividend was Thursday, August 22nd. This represents a $2.60 annualized dividend and a yield of 2.41%. Walker & Dunlop’s payout ratio is presently 100.39%.

Insider Buying and Selling at Walker & Dunlop

In related news, COO Stephen P. Theobald sold 13,870 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $106.10, for a total value of $1,471,607.00. Following the completion of the transaction, the chief operating officer now owns 53,869 shares of the company’s stock, valued at approximately $5,715,500.90. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 5.47% of the company’s stock.

Walker & Dunlop Company 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.