Dempze Nancy E Has $409,000 Stake in Walker & Dunlop, Inc. $WD

Dempze Nancy E trimmed its position in shares of Walker & Dunlop, Inc. (NYSE:WD) by 47.7% during the second quarter, Holdings Channel.com reports. The institutional investor owned 5,800 shares of the financial services provider’s stock after selling 5,300 shares during the period. Dempze Nancy E’s holdings in Walker & Dunlop were worth $409,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. T. Rowe Price Investment Management Inc. increased its holdings in Walker & Dunlop by 1.8% during the first quarter. T. Rowe Price Investment Management Inc. now owns 1,218,881 shares of the financial services provider’s stock worth $104,044,000 after buying an additional 21,310 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Walker & Dunlop by 0.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 463,191 shares of the financial services provider’s stock worth $39,538,000 after buying an additional 3,069 shares during the last quarter. Royce & Associates LP increased its holdings in Walker & Dunlop by 257.2% during the first quarter. Royce & Associates LP now owns 282,688 shares of the financial services provider’s stock worth $24,130,000 after buying an additional 203,542 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new position in Walker & Dunlop during the first quarter worth $22,363,000. Finally, Principal Financial Group Inc. increased its holdings in 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 worth $13,663,000 after buying an additional 3,805 shares during the last quarter. 80.97% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP Paula A. Pryor sold 5,336 shares of the company’s stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $86.20, for a total transaction 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 $805,194.20. This represents a 36.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 3.66% of the company’s stock.

Walker & Dunlop Stock Performance

Shares of Walker & Dunlop stock opened at $79.49 on Thursday. The firm has a 50-day moving average of $83.34 and a 200-day moving average of $76.98. The stock has a market cap of $2.71 billion, a PE ratio of 24.53 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.

Walker & Dunlop (NYSE:WD) last announced its earnings results on Thursday, August 7th. The financial services provider reported $1.15 earnings per share (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 the consensus estimate of $275.84 million. Walker & Dunlop had a net margin of 9.27% and a return on equity of 8.81%. The company’s revenue was up 17.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.23 EPS. Equities research analysts predict that Walker & Dunlop, Inc. will post 4.97 earnings per share for the current fiscal year.

Walker & Dunlop Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Thursday, August 21st were given a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend was Thursday, August 21st. Walker & Dunlop’s payout ratio is presently 82.72%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Wedbush restated a “neutral” rating and set a $90.00 target price on shares of Walker & Dunlop in a report on Thursday, August 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Walker & Dunlop in a research report on Wednesday. Finally, Wall Street Zen raised shares of Walker & Dunlop from a “strong sell” rating to a “hold” rating in a research report on Saturday, August 9th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $92.50.

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.