Walker & Dunlop, Inc. (NYSE:WD) Director Michael D. Malone bought 10,000 shares of Walker & Dunlop stock in a transaction on Friday, February 9th. The shares were purchased at an average cost of $49.75 per share, with a total value of $497,500.00. Following the acquisition, the director now directly owns 21,519 shares of the company’s stock, valued at $1,070,570.25. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Walker & Dunlop, Inc. (NYSE WD) opened at $49.39 on Wednesday. The company has a debt-to-equity ratio of 1.35, a current ratio of 5.26 and a quick ratio of 12.88. The stock has a market capitalization of $1,494.20, a P/E ratio of 7.54 and a beta of 1.08. Walker & Dunlop, Inc. has a 52-week low of $38.07 and a 52-week high of $56.46.

Walker & Dunlop (NYSE:WD) last posted its quarterly earnings results on Wednesday, February 7th. The financial services provider reported $1.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.00 by $0.26. The business had revenue of $207.20 million during the quarter, compared to analyst estimates of $181.14 million. Walker & Dunlop had a return on equity of 21.33% and a net margin of 29.66%. The business’s revenue was up 16.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.16 earnings per share. sell-side analysts predict that Walker & Dunlop, Inc. will post 4.32 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 7th. Stockholders of record on Friday, February 23rd will be given a $0.25 dividend. The ex-dividend date of this dividend is Thursday, February 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.02%.

Walker & Dunlop announced that its board has initiated a share repurchase plan on Wednesday, February 7th that authorizes the company to repurchase $50.00 million in shares. This repurchase authorization authorizes the financial services provider to purchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its shares are undervalued.

A number of equities analysts have commented on WD shares. Zacks Investment Research cut Walker & Dunlop from a “hold” rating to a “strong sell” rating in a report on Thursday, October 19th. ValuEngine cut Walker & Dunlop from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st. TheStreet lowered Walker & Dunlop from a “b-” rating to a “c+” rating in a research report on Monday, December 4th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $56.00 price target on shares of Walker & Dunlop in a research report on Friday, December 22nd. Two equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. Walker & Dunlop currently has a consensus rating of “Buy” and a consensus price target of $55.50.

Several hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Walker & Dunlop by 11.0% in the second quarter. Vanguard Group Inc. now owns 3,783,928 shares of the financial services provider’s stock valued at $184,769,000 after purchasing an additional 374,119 shares in the last quarter. Boston Partners grew its position in shares of Walker & Dunlop by 44.9% in the fourth quarter. Boston Partners now owns 1,527,675 shares of the financial services provider’s stock valued at $72,564,000 after purchasing an additional 473,629 shares in the last quarter. State Street Corp grew its position in shares of Walker & Dunlop by 5.4% in the second quarter. State Street Corp now owns 680,099 shares of the financial services provider’s stock valued at $33,209,000 after purchasing an additional 34,910 shares in the last quarter. Victory Capital Management Inc. grew its position in Walker & Dunlop by 23.8% in the fourth quarter. Victory Capital Management Inc. now owns 600,562 shares of the financial services provider’s stock worth $28,526,000 after acquiring an additional 115,416 shares during the period. Finally, Bank of New York Mellon Corp grew its position in Walker & Dunlop by 4.8% in the third quarter. Bank of New York Mellon Corp now owns 394,596 shares of the financial services provider’s stock worth $20,649,000 after acquiring an additional 17,963 shares during the period. Institutional investors and hedge funds own 78.61% of the company’s stock.

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Walker & Dunlop Company Profile

Walker & Dunlop, Inc is a holding company, which conducts its operations through Walker & Dunlop, LLC. The Company provides commercial real estate financial products and services primarily to developers and owners of multifamily properties. The Company originates, sells and services a range of multifamily and other commercial real estate financing products, including Multifamily Finance, Federal Housing Administration (FHA) Finance, Capital Markets, and Proprietary Capital.

Insider Buying and Selling by Quarter for Walker & Dunlop (NYSE:WD)

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