Walker & Dunlop, Inc. $WD Shares Acquired by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC grew its position in Walker & Dunlop, Inc. (NYSE:WD) by 18.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,222 shares of the financial services provider’s stock after acquiring an additional 669 shares during the period. Nisa Investment Advisors LLC’s holdings in Walker & Dunlop were worth $298,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Kestra Advisory Services LLC raised its holdings in Walker & Dunlop by 1.2% in the 1st quarter. Kestra Advisory Services LLC now owns 12,426 shares of the financial services provider’s stock worth $1,061,000 after purchasing an additional 148 shares during the period. GAMMA Investing LLC raised its stake in shares of Walker & Dunlop by 26.1% during the 1st quarter. GAMMA Investing LLC now owns 764 shares of the financial services provider’s stock worth $65,000 after buying an additional 158 shares during the period. Yousif Capital Management LLC raised its position in Walker & Dunlop by 1.4% during the second quarter. Yousif Capital Management LLC now owns 12,006 shares of the financial services provider’s stock worth $846,000 after acquiring an additional 167 shares during the period. First Horizon Advisors Inc. acquired a new position in Walker & Dunlop during the first quarter worth $27,000. Finally, National Bank of Canada FI raised its position in Walker & Dunlop by 81.9% during the first quarter. National Bank of Canada FI now owns 724 shares of the financial services provider’s stock worth $62,000 after acquiring an additional 326 shares during the period. Institutional investors and hedge funds own 80.97% of the company’s stock.

Insider Activity at Walker & Dunlop

In related news, EVP Paula A. Pryor sold 5,336 shares of the stock in a transaction that occurred on Friday, August 29th. The stock was 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 owned 9,341 shares of the company’s stock, valued at approximately $805,194.20. This trade represents a 36.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 3.66% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Citizens Jmp upgraded shares of Walker & Dunlop from a “market perform” rating to an “outperform” rating and set a $95.00 price objective for the company in a research report on Friday, October 10th. Keefe, Bruyette & Woods upped their price target on shares of Walker & Dunlop from $95.00 to $97.00 and gave the stock an “outperform” rating in a research report on Thursday, October 9th. JMP Securities set a $95.00 price target on shares of Walker & Dunlop and gave the stock a “market outperform” rating in a research report on Friday, October 10th. Wall Street Zen raised Walker & Dunlop from a “strong sell” rating to a “hold” rating in a report on Saturday, August 9th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Walker & Dunlop in a report on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $94.25.

Walker & Dunlop Stock Up 0.4%

Shares of NYSE WD opened at $80.25 on Tuesday. The stock has a market capitalization of $2.73 billion, a price-to-earnings ratio of 24.77 and a beta of 1.59. Walker & Dunlop, Inc. has a 52 week low of $64.48 and a 52 week high of $118.19. The firm has a 50-day simple moving average of $83.76 and a 200-day simple moving average of $77.33.

Walker & Dunlop (NYSE:WD) last released its quarterly earnings data on Thursday, August 7th. The financial services provider reported $1.15 EPS for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.14). The business 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%. The firm’s revenue was up 17.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.23 EPS. As a group, equities research analysts expect that Walker & Dunlop, Inc. will post 4.97 EPS for the current year.

Walker & Dunlop Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 5th. Investors of record on Thursday, August 21st were issued a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend was Thursday, August 21st. Walker & Dunlop’s dividend payout ratio (DPR) is currently 82.72%.

About Walker & Dunlop

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.