Walker & Dunlop, Inc. (NYSE:WD) Shares Sold by Metropolitan Life Insurance Co NY

Metropolitan Life Insurance Co NY lessened its stake in shares of Walker & Dunlop, Inc. (NYSE:WDGet Rating) by 75.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,820 shares of the financial services provider’s stock after selling 5,476 shares during the quarter. Metropolitan Life Insurance Co NY’s holdings in Walker & Dunlop were worth $236,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in WD. Arizona State Retirement System raised its stake in shares of Walker & Dunlop by 1.1% in the 1st quarter. Arizona State Retirement System now owns 8,227 shares of the financial services provider’s stock worth $1,065,000 after buying an additional 90 shares in the last quarter. Carson Advisory Inc. lifted its stake in Walker & Dunlop by 1.0% during the first quarter. Carson Advisory Inc. now owns 10,450 shares of the financial services provider’s stock valued at $1,352,000 after purchasing an additional 100 shares during the last quarter. Advisor Group Holdings Inc. boosted its holdings in Walker & Dunlop by 5.7% during the first quarter. Advisor Group Holdings Inc. now owns 2,145 shares of the financial services provider’s stock worth $262,000 after buying an additional 115 shares in the last quarter. Quadrant Capital Group LLC grew its position in Walker & Dunlop by 203.1% in the first quarter. Quadrant Capital Group LLC now owns 197 shares of the financial services provider’s stock worth $25,000 after buying an additional 132 shares during the last quarter. Finally, First Foundation Advisors increased its holdings in shares of Walker & Dunlop by 2.1% in the first quarter. First Foundation Advisors now owns 6,604 shares of the financial services provider’s stock valued at $855,000 after buying an additional 134 shares in the last quarter. Institutional investors own 74.18% of the company’s stock.

Walker & Dunlop Price Performance

Shares of NYSE:WD opened at $98.47 on Thursday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 160.37 and a current ratio of 160.37. The company has a market capitalization of $3.25 billion, a PE ratio of 11.78 and a beta of 1.23. The stock has a fifty day moving average of $104.95 and a 200-day moving average of $113.59. Walker & Dunlop, Inc. has a one year low of $88.20 and a one year high of $156.77.

Walker & Dunlop (NYSE:WDGet Rating) last released its earnings results 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). The firm had revenue of $340.85 million during the quarter, compared to analysts’ expectations of $320.06 million. Walker & Dunlop had a return on equity of 17.58% and a net margin of 19.48%. The business’s revenue was up 21.1% on a year-over-year basis. During the same period last year, the business earned $1.73 earnings per share. As a group, equities analysts anticipate that Walker & Dunlop, Inc. will post 8.3 EPS for the current fiscal year.

Walker & Dunlop Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 2nd. Investors of record on Thursday, August 18th were paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 2.44%. The ex-dividend date of this dividend was Wednesday, August 17th. Walker & Dunlop’s dividend payout ratio is currently 28.71%.

Insider Buying and Selling

In related news, Director Dana L. Schmaltz purchased 1,000 shares of the company’s stock in a transaction dated Friday, June 17th. The shares were acquired at an average cost of $90.16 per share, with a total value of $90,160.00. Following the completion of the purchase, the director now owns 69,835 shares of the company’s stock, valued at approximately $6,296,323.60. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 8.05% of the stock is currently owned by corporate insiders.

Walker & Dunlop Profile

(Get Rating)

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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Institutional Ownership by Quarter for Walker & Dunlop (NYSE:WD)

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