Walker & Dunlop, Inc. (NYSE:WD) Shares Purchased by Creative Planning

Creative Planning boosted its position in Walker & Dunlop, Inc. (NYSE:WD - Free Report) by 42.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,022 shares of the financial services provider's stock after purchasing an additional 4,764 shares during the period. Creative Planning's holdings in Walker & Dunlop were worth $1,820,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Castleark Management LLC purchased a new position in Walker & Dunlop in the 1st quarter valued at approximately $4,297,000. UniSuper Management Pty Ltd purchased a new position in Walker & Dunlop during the first quarter worth $795,000. SG Americas Securities LLC increased its position in Walker & Dunlop by 144.3% during the second quarter. SG Americas Securities LLC now owns 9,192 shares of the financial services provider's stock worth $903,000 after buying an additional 5,430 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Walker & Dunlop by 1.6% during the second quarter. Dimensional Fund Advisors LP now owns 1,319,434 shares of the financial services provider's stock worth $129,566,000 after buying an additional 20,739 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new position in Walker & Dunlop during the first quarter worth $1,444,000. 80.97% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on WD. Wolfe Research raised Walker & Dunlop to a "strong-buy" rating in a research report on Tuesday, September 24th. Keefe, Bruyette & Woods raised their price target on Walker & Dunlop from $105.00 to $112.00 and gave the stock a "market perform" rating in a research report on Thursday, July 25th. StockNews.com raised Walker & Dunlop from a "sell" rating to a "hold" rating in a research report on Sunday, August 11th. Finally, Wedbush raised their price target on Walker & Dunlop from $105.00 to $110.00 and gave the stock a "neutral" rating in a research report on Wednesday, September 25th.

Insider Activity at Walker & Dunlop

In related news, COO Stephen P. Theobald sold 13,870 shares of Walker & Dunlop stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $106.10, for a total value of $1,471,607.00. Following the transaction, the chief operating officer now owns 53,869 shares in the company, valued at approximately $5,715,500.90. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.26% of the stock is owned by insiders.

Walker & Dunlop Stock Up 0.1 %

Shares of NYSE:WD traded up $0.07 during midday trading on Tuesday, reaching $111.95. The company's stock had a trading volume of 83,533 shares, compared to its average volume of 204,012. The firm has a market cap of $3.78 billion, a price-to-earnings ratio of 43.20 and a beta of 1.55. Walker & Dunlop, Inc. has a 1 year low of $63.41 and a 1 year high of $116.51. The business has a 50 day moving average price of $109.34 and a 200 day moving average price of $101.89.

Walker & Dunlop (NYSE:WD - Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The financial services provider reported $1.23 EPS for the quarter, beating analysts' consensus estimates of $1.16 by $0.07. The business had revenue of $270.70 million during the quarter, compared to the consensus estimate of $274.50 million. Walker & Dunlop had a return on equity of 9.65% and a net margin of 8.41%. The business's revenue for the quarter was down .7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.98 earnings per share. Sell-side analysts anticipate that Walker & Dunlop, Inc. will post 5.32 earnings per share for the current fiscal year.

Walker & Dunlop Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Thursday, August 22nd were issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date was Thursday, August 22nd. Walker & Dunlop's payout ratio is currently 100.39%.

Walker & Dunlop Company Profile

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. It operates through three segments: Capital Markets, Servicing & Asset Management, and Corporate.