Walker & Dunlop, Inc. (NYSE:WD) CEO William M. Walker sold 90,389 shares of the firm’s stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $56.15, for a total transaction of $5,075,342.35. Following the completion of the transaction, the chief executive officer now directly owns 1,340,749 shares in the company, valued at $75,283,056.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

WD stock traded down $0.18 during trading on Thursday, reaching $54.32. 88,559 shares of the stock were exchanged, compared to its average volume of 152,607. The company has a quick ratio of 4.79, a current ratio of 4.79 and a debt-to-equity ratio of 1.67. The stock has a 50 day simple moving average of $56.05. Walker & Dunlop, Inc. has a 1 year low of $37.96 and a 1 year high of $59.39. The stock has a market cap of $1.77 billion, a price-to-earnings ratio of 10.78 and a beta of 0.98.

Walker & Dunlop (NYSE:WD) last issued its earnings results on Wednesday, August 7th. The financial services provider reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.03. Walker & Dunlop had a net margin of 21.58% and a return on equity of 18.34%. The company had revenue of $200.33 million for the quarter, compared to the consensus estimate of $188.90 million. During the same period in the previous year, the firm earned $1.26 earnings per share. Walker & Dunlop’s quarterly revenue was up 12.4% compared to the same quarter last year. Sell-side analysts expect that Walker & Dunlop, Inc. will post 5.58 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, September 9th. Shareholders of record on Friday, August 23rd will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date of this dividend is Thursday, August 22nd. Walker & Dunlop’s dividend payout ratio (DPR) is presently 23.81%.

A number of hedge funds have recently modified their holdings of WD. Captrust Financial Advisors acquired a new stake in shares of Walker & Dunlop during the second quarter valued at about $27,000. Versant Capital Management Inc acquired a new stake in shares of Walker & Dunlop during the first quarter valued at about $33,000. Parallel Advisors LLC increased its position in shares of Walker & Dunlop by 205.1% during the first quarter. Parallel Advisors LLC now owns 714 shares of the financial services provider’s stock valued at $36,000 after acquiring an additional 480 shares during the last quarter. Valeo Financial Advisors LLC increased its position in shares of Walker & Dunlop by 312.0% during the first quarter. Valeo Financial Advisors LLC now owns 824 shares of the financial services provider’s stock valued at $42,000 after acquiring an additional 624 shares during the last quarter. Finally, NumerixS Investment Technologies Inc increased its position in shares of Walker & Dunlop by 350.0% during the first quarter. NumerixS Investment Technologies Inc now owns 1,800 shares of the financial services provider’s stock valued at $92,000 after acquiring an additional 1,400 shares during the last quarter. 77.66% of the stock is currently owned by institutional investors.

WD has been the topic of several research reports. ValuEngine raised shares of Walker & Dunlop from a “sell” rating to a “hold” rating in a research note on Wednesday, April 24th. Wedbush reissued an “outperform” rating and issued a $65.00 price target (up from $60.00) on shares of Walker & Dunlop in a research note on Wednesday, July 3rd. Finally, Zacks Investment Research raised shares of Walker & Dunlop from a “hold” rating to a “buy” rating and set a $60.00 price target on the stock in a research note on Saturday, May 18th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $65.00.

About Walker & Dunlop

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, second trust, supplemental, construction, mezzanine, preferred equity, small-balance, and bridge/interim loans.

Featured Story: What is the return on assets (ROA) ratio?

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

Receive News & Ratings for Walker & Dunlop Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walker & Dunlop and related companies with MarketBeat.com's FREE daily email newsletter.