AlphaCrest Capital Management LLC purchased a new position in Walker & Dunlop, Inc. (NYSE:WD – Get Rating) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 4,045 shares of the financial services provider’s stock, valued at approximately $524,000.
Other hedge funds also recently bought and sold shares of the company. Quadrant Capital Group LLC lifted its stake in Walker & Dunlop by 203.1% during the 1st quarter. Quadrant Capital Group LLC now owns 197 shares of the financial services provider’s stock valued at $25,000 after acquiring an additional 132 shares during the period. James Investment Research Inc. bought a new position in Walker & Dunlop during the 1st quarter valued at about $34,000. USA Financial Portformulas Corp bought a new position in Walker & Dunlop during the 4th quarter valued at about $36,000. TCI Wealth Advisors Inc. lifted its stake in Walker & Dunlop by 117.3% during the 1st quarter. TCI Wealth Advisors Inc. now owns 326 shares of the financial services provider’s stock valued at $43,000 after acquiring an additional 176 shares during the period. Finally, San Luis Wealth Advisors LLC bought a new position in Walker & Dunlop during the 1st quarter valued at about $43,000. Institutional investors own 74.18% of the company’s stock.
Insider Transactions at Walker & Dunlop
In other Walker & Dunlop news, Director Dana L. Schmaltz acquired 1,000 shares of the stock in a transaction dated Friday, June 17th. The shares were purchased at an average price of $90.16 per share, for a total transaction of $90,160.00. Following the purchase, the director now directly owns 69,835 shares of the company’s stock, valued at $6,296,323.60. The acquisition was disclosed in a filing with the SEC, which is available at this link. Company insiders own 8.05% of the company’s stock.
Walker & Dunlop Price Performance
Walker & Dunlop (NYSE:WD – Get Rating) last issued its quarterly earnings data on Thursday, August 4th. The financial services provider reported $1.61 earnings per share for the quarter, missing the consensus estimate of $1.75 by ($0.14). Walker & Dunlop had a return on equity of 17.58% and a net margin of 19.48%. The business had revenue of $340.85 million during the quarter, compared to the consensus estimate of $320.06 million. During the same quarter last year, the company earned $1.73 EPS. Walker & Dunlop’s revenue for the quarter was up 21.1% on a year-over-year basis. Equities research analysts anticipate that Walker & Dunlop, Inc. will post 8.3 earnings per share for the current year.
Walker & Dunlop Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 2nd. Stockholders of record on Thursday, August 18th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 2.44%. The ex-dividend date of this dividend was Wednesday, August 17th. Walker & Dunlop’s dividend payout ratio (DPR) is presently 28.71%.
About Walker & Dunlop
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. The company offers first mortgage, second trust, supplemental, construction, mezzanine, preferred equity, small-balance, and bridge/interim loans.
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