Signaturefd LLC Sells 395 Shares of Walker & Dunlop, Inc. $WD

Signaturefd LLC reduced its stake in Walker & Dunlop, Inc. (NYSE:WD) by 33.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 784 shares of the financial services provider’s stock after selling 395 shares during the period. Signaturefd LLC’s holdings in Walker & Dunlop were worth $55,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in WD. Principal Financial Group Inc. boosted its stake in shares of Walker & Dunlop by 2.4% during the first quarter. Principal Financial Group Inc. now owns 160,069 shares of the financial services provider’s stock valued at $13,663,000 after purchasing an additional 3,805 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Walker & Dunlop by 111.1% during the first quarter. Envestnet Asset Management Inc. now owns 87,854 shares of the financial services provider’s stock valued at $7,499,000 after purchasing an additional 46,229 shares in the last quarter. Janney Montgomery Scott LLC bought a new position in shares of Walker & Dunlop during the first quarter valued at approximately $219,000. Parallel Advisors LLC boosted its stake in shares of Walker & Dunlop by 122.0% during the first quarter. Parallel Advisors LLC now owns 444 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 244 shares in the last quarter. Finally, Teacher Retirement System of Texas bought a new position in shares of Walker & Dunlop during the first quarter valued at approximately $421,000. 80.97% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

WD has been the topic of a number of recent research reports. Wall Street Zen upgraded shares of Walker & Dunlop from a “strong sell” rating to a “hold” rating in a research note on Saturday, August 9th. Wedbush reiterated a “neutral” rating and set a $90.00 price objective on shares of Walker & Dunlop in a research note on Thursday, August 14th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Walker & Dunlop in a research note on Saturday, September 27th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Walker & Dunlop presently has a consensus rating of “Hold” and an average price target of $92.50.

Insiders Place Their Bets

In other Walker & Dunlop news, EVP Paula A. Pryor sold 5,336 shares of the firm’s stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $86.20, for a total value of $459,963.20. Following the completion of the sale, the executive vice president directly owned 9,341 shares in the company, valued at $805,194.20. This trade represents a 36.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.66% of the stock is currently owned by company insiders.

Walker & Dunlop Stock Down 0.5%

Shares of WD opened at $83.97 on Monday. The company has a market cap of $2.86 billion, a price-to-earnings ratio of 25.92 and a beta of 1.59. Walker & Dunlop, Inc. has a twelve month low of $64.48 and a twelve month high of $118.19. The company has a 50 day moving average of $83.10 and a two-hundred day moving average of $76.97.

Walker & Dunlop (NYSE:WD) last announced its earnings results on Thursday, August 7th. The financial services provider reported $1.15 earnings per share for the quarter, missing the consensus estimate of $1.29 by ($0.14). The firm had revenue of $319.24 million during the quarter, compared to analyst estimates of $275.84 million. Walker & Dunlop had a net margin of 9.27% and a return on equity of 8.81%. Walker & Dunlop’s revenue was up 17.9% on a year-over-year basis. During the same quarter last year, the business earned $1.23 earnings per share. On average, sell-side analysts expect that Walker & Dunlop, Inc. will post 4.97 EPS for the current year.

Walker & Dunlop Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 5th. Shareholders of record on Thursday, August 21st were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 3.2%. The ex-dividend date was Thursday, August 21st. Walker & Dunlop’s dividend payout ratio (DPR) is 82.72%.

Walker & Dunlop Company Profile

Walker & Dunlop, Inc is a holding company, which engages in the provision of commercial real estate and finance services. It operates through the following segments: Capital Markets, Servicing and Asset Management, and Corporate. The Capital Markets segment offers a comprehensive range of commercial real estate finance products to customers.