37,753 Shares in Walker & Dunlop, Inc. (NYSE:WD) Acquired by Great West Life Assurance Co. Can

Great West Life Assurance Co. Can bought a new position in shares of Walker & Dunlop, Inc. (NYSE:WD – Get Rating) in the 3rd quarter, Holdings Channel reports. The fund bought 37,753 shares of the financial services provider’s stock, valued at approximately $3,161,000.

Other large investors have also added to or reduced their stakes in the company. Covestor Ltd grew its stake in Walker & Dunlop by 5,066.7% during the first quarter. Covestor Ltd now owns 310 shares of the financial services provider’s stock worth $40,000 after purchasing an additional 304 shares during the period. First Manhattan Co. bought a new position in Walker & Dunlop in the first quarter worth approximately $65,000. Baldwin Brothers LLC MA boosted its holdings in Walker & Dunlop by 25.0% in the second quarter. Baldwin Brothers LLC MA now owns 750 shares of the financial services provider’s stock worth $72,000 after acquiring an additional 150 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in Walker & Dunlop by 44.4% in the second quarter. Nisa Investment Advisors LLC now owns 1,300 shares of the financial services provider’s stock worth $125,000 after acquiring an additional 400 shares in the last quarter. Finally, Captrust Financial Advisors boosted its holdings in Walker & Dunlop by 160.2% in the first quarter. Captrust Financial Advisors now owns 1,478 shares of the financial services provider’s stock worth $191,000 after acquiring an additional 910 shares in the last quarter. Institutional investors and hedge funds own 77.78% of the company’s stock.

Walker & Dunlop Stock Down 2.0 %

WD stock opened at $92.06 on Wednesday. Walker & Dunlop, Inc. has a twelve month low of $75.33 and a twelve month high of $145.00. The stock’s 50 day moving average is $84.09 and its 200-day moving average is $92.15. The firm has a market capitalization of $3.04 billion, a PE ratio of 12.19 and a beta of 1.26.

Walker & Dunlop (NYSE:WD – Get Rating) last posted its earnings results on Wednesday, November 9th. The financial services provider reported $1.40 earnings per share for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.60). Walker & Dunlop had a net margin of 18.11% and a return on equity of 15.23%. The company had revenue of $315.61 million during the quarter, compared to the consensus estimate of $344.86 million. On average, equities research analysts anticipate that Walker & Dunlop, Inc. will post 6.68 earnings per share for the current fiscal year.

Walker & Dunlop Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 9th. Stockholders of record on Friday, November 25th were issued a $0.60 dividend. The ex-dividend date of this dividend was Wednesday, November 23rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.61%. Walker & Dunlop’s dividend payout ratio is presently 31.79%.

Insider Activity

In related news, COO Stephen P. Theobald sold 3,000 shares of Walker & Dunlop stock in a transaction on Tuesday, January 17th. The stock was sold at an average price of $92.35, for a total transaction of $277,050.00. Following the sale, the chief operating officer now directly owns 43,699 shares in the company, valued at $4,035,602.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, COO Stephen P. Theobald sold 10,000 shares of Walker & Dunlop stock in a transaction on Thursday, December 1st. The stock was sold at an average price of $91.41, for a total transaction of $914,100.00. Following the sale, the chief operating officer now directly owns 43,699 shares in the company, valued at $3,994,525.59. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Stephen P. Theobald sold 3,000 shares of Walker & Dunlop stock in a transaction on Tuesday, January 17th. The stock was sold at an average price of $92.35, for a total value of $277,050.00. Following the sale, the chief operating officer now owns 43,699 shares in the company, valued at $4,035,602.65. The disclosure for this sale can be found here. Insiders have sold 16,000 shares of company stock worth $1,431,120 over the last 90 days. 8.05% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

WD has been the topic of several recent research reports. JMP Securities cut their price target on Walker & Dunlop from $140.00 to $110.00 and set a “market outperform” rating on the stock in a report on Thursday, November 10th. StockNews.com lowered Walker & Dunlop from a “hold” rating to a “sell” rating in a report on Thursday, November 17th.

Walker & Dunlop Profile

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Walker & Dunlop, Inc is a holding company. engages in the provision of commercial real estate and finance services. It focuses on multifamily lending, debt brokerage, and property sales. It also involves the delivery and servicing of loan products for its customers. The company was founded by Oliver Walker and Laird Dunlop in 1937 and is headquartered in Bethesda, MD.