Oregon Public Employees Retirement Fund Increases Position in Walker & Dunlop, Inc. (NYSE:WD)

Oregon Public Employees Retirement Fund lifted its position in Walker & Dunlop, Inc. (NYSE:WD – Get Rating) by 5.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,194 shares of the financial services provider’s stock after purchasing an additional 511 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Walker & Dunlop were worth $854,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of WD. Cerity Partners LLC boosted its position in shares of Walker & Dunlop by 4.3% during the second quarter. Cerity Partners LLC now owns 2,667 shares of the financial services provider’s stock worth $257,000 after acquiring an additional 110 shares during the last quarter. Captrust Financial Advisors lifted its position in Walker & Dunlop by 7.6% during the second quarter. Captrust Financial Advisors now owns 1,590 shares of the financial services provider’s stock valued at $153,000 after purchasing an additional 112 shares during the last quarter. Advisor Group Holdings Inc. lifted its position 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 valued at $262,000 after purchasing an additional 115 shares during the last quarter. Baldwin Brothers LLC MA lifted its position in Walker & Dunlop by 25.0% during the second quarter. Baldwin Brothers LLC MA now owns 750 shares of the financial services provider’s stock valued at $72,000 after purchasing an additional 150 shares during the last quarter. Finally, Blair William & Co. IL lifted its position in Walker & Dunlop by 6.0% during the first quarter. Blair William & Co. IL now owns 2,630 shares of the financial services provider’s stock valued at $340,000 after purchasing an additional 150 shares during the last quarter. 77.78% of the stock is owned by hedge funds and other institutional investors.

Walker & Dunlop Stock Performance

NYSE WD opened at $92.06 on Wednesday. The company has a market capitalization of $3.04 billion, a price-to-earnings ratio of 12.19 and a beta of 1.26. The company’s 50-day simple moving average is $84.09 and its two-hundred day simple moving average is $92.15. Walker & Dunlop, Inc. has a one year low of $75.33 and a one year high of $145.00.

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

Walker & Dunlop Announces Dividend

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

Insider Activity

In other news, COO Stephen P. Theobald sold 3,000 shares of the firm’s stock in a transaction dated Thursday, December 15th. The shares were sold at an average price of $79.99, for a total value of $239,970.00. Following the sale, the chief operating officer now directly owns 43,699 shares in the company, valued at approximately $3,495,483.01. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, COO Stephen P. Theobald sold 10,000 shares of Walker & Dunlop stock in a transaction that occurred on Thursday, December 1st. The shares were sold at an average price of $91.41, for a total value of $914,100.00. Following the completion of the sale, the chief operating officer now directly owns 43,699 shares in the company, valued at approximately $3,994,525.59. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Stephen P. Theobald sold 3,000 shares of Walker & Dunlop stock in a transaction that occurred on Thursday, December 15th. The stock was sold at an average price of $79.99, for a total transaction of $239,970.00. Following the completion of the sale, the chief operating officer now owns 43,699 shares of the company’s stock, valued at $3,495,483.01. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 16,000 shares of company stock worth $1,431,120. Corporate insiders own 8.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. JMP Securities reduced their target price on shares of Walker & Dunlop from $140.00 to $110.00 and set a “market outperform” rating on the stock in a research note on Thursday, November 10th. StockNews.com downgraded shares of Walker & Dunlop from a “hold” rating to a “sell” rating in a research note 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.