Walker & Dunlop, Inc. (NYSE:WD) Shares Sold by Argent Capital Management LLC

Argent Capital Management LLC reduced its position in Walker & Dunlop, Inc. (NYSE:WD) by 16.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 93,675 shares of the financial services provider’s stock after selling 18,650 shares during the quarter. Argent Capital Management LLC owned about 0.30% of Walker & Dunlop worth $4,574,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in WD. Alps Advisors Inc. raised its stake in shares of Walker & Dunlop by 0.3% during the second quarter. Alps Advisors Inc. now owns 11,679 shares of the financial services provider’s stock worth $570,000 after acquiring an additional 30 shares in the last quarter. State Board of Administration of Florida Retirement System raised its stake in shares of Walker & Dunlop by 0.3% during the first quarter. State Board of Administration of Florida Retirement System now owns 17,056 shares of the financial services provider’s stock worth $711,000 after acquiring an additional 46 shares in the last quarter. LS Investment Advisors LLC raised its stake in shares of Walker & Dunlop by 1.5% during the second quarter. LS Investment Advisors LLC now owns 3,165 shares of the financial services provider’s stock worth $155,000 after acquiring an additional 47 shares in the last quarter. Arizona State Retirement System raised its stake in shares of Walker & Dunlop by 1.4% during the first quarter. Arizona State Retirement System now owns 14,469 shares of the financial services provider’s stock worth $603,000 after acquiring an additional 200 shares in the last quarter. Finally, Louisiana State Employees Retirement System raised its stake in shares of Walker & Dunlop by 1.8% during the second quarter. Louisiana State Employees Retirement System now owns 11,500 shares of the financial services provider’s stock worth $562,000 after acquiring an additional 200 shares in the last quarter. Institutional investors and hedge funds own 77.25% of the company’s stock.

WD has been the topic of several research reports. BidaskClub downgraded shares of Walker & Dunlop from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, July 19th. Keefe, Bruyette & Woods set a $49.00 price target on shares of Walker & Dunlop and gave the stock a “hold” rating in a research note on Wednesday, August 2nd. Zacks Investment Research downgraded shares of Walker & Dunlop from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 18th. Finally, JMP Securities raised shares of Walker & Dunlop from a “market perform” rating to an “outperform” rating and set a $55.00 price target on the stock in a research note on Thursday, August 3rd. Four investment analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $44.00.

Shares of Walker & Dunlop, Inc. (NYSE:WD) traded down 0.29% on Tuesday, hitting $55.11. 42,897 shares of the company traded hands. The stock has a market capitalization of $1.72 billion, a price-to-earnings ratio of 12.18 and a beta of 1.37. The firm’s 50 day moving average price is $49.74 and its 200-day moving average price is $48.07. Walker & Dunlop, Inc. has a 1-year low of $23.61 and a 1-year high of $55.88.

Walker & Dunlop (NYSE:WD) last released its quarterly earnings data on Wednesday, August 2nd. The financial services provider reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.02. Walker & Dunlop had a return on equity of 22.86% and a net margin of 21.91%. The firm had revenue of $166.40 million during the quarter, compared to the consensus estimate of $167.51 million. During the same period last year, the business posted $1.05 EPS. Walker & Dunlop’s quarterly revenue was up 12.5% on a year-over-year basis. On average, equities research analysts expect that Walker & Dunlop, Inc. will post $4.45 earnings per share for the current year.

In other Walker & Dunlop news, Director Dana L. Schmaltz acquired 2,000 shares of the firm’s stock in a transaction dated Wednesday, August 9th. The shares were acquired at an average price of $47.85 per share, for a total transaction of $95,700.00. Following the completion of the acquisition, the director now directly owns 44,983 shares of the company’s stock, valued at $2,152,436.55. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Dana L. Schmaltz acquired 1,000 shares of the firm’s stock in a transaction dated Thursday, September 7th. The shares were acquired at an average price of $45.10 per share, for a total transaction of $45,100.00. Following the acquisition, the director now directly owns 47,983 shares of the company’s stock, valued at $2,164,033.30. The disclosure for this purchase can be found here. Insiders have acquired 4,000 shares of company stock valued at $186,850 in the last three months. 11.70% of the stock is currently owned by company insiders.

COPYRIGHT VIOLATION WARNING: “Walker & Dunlop, Inc. (NYSE:WD) Shares Sold by Argent Capital Management LLC” was originally reported by BBNS and is owned by of BBNS. If you are accessing this story on another domain, it was copied illegally and republished in violation of international trademark and copyright legislation. The legal version of this story can be viewed at https://baseballnewssource.com/markets/argent-capital-management-llc-decreases-position-in-walker-dunlop-inc-wd/1699668.html.

About Walker & Dunlop

Walker & Dunlop, Inc is a holding company, which conducts its operations through Walker & Dunlop, LLC. The Company provides commercial real estate financial products and services primarily to developers and owners of multifamily properties. The Company originates, sells and services a range of multifamily and other commercial real estate financing products, including Multifamily Finance, Federal Housing Administration (FHA) Finance, Capital Markets, and Proprietary Capital.

Institutional Ownership by Quarter for Walker & Dunlop (NYSE:WD)

Receive News & Ratings for Walker & Dunlop Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walker & Dunlop Inc. and related companies with our FREE daily email newsletter.

 


Latest News

Houston’s Dallas Keuchel Could Make Relief Appearance in Game 7
Houston’s Dallas Keuchel Could Make Relief Appearance in Game 7
Houston Astros Relying on Justin Verlander to Save Their Season
Houston Astros Relying on Justin Verlander to Save Their Season
Clayton Kershaw Gets Chance to Pitch LA into Fall Classic
Clayton Kershaw Gets Chance to Pitch LA into Fall Classic
Aaron Judge and Gary Sanchez Have Break Out Games
Aaron Judge and Gary Sanchez Have Break Out Games
Justin Turner Joining Postseason Legends
Justin Turner Joining Postseason Legends
PED Use Cost Alex Rodriguez Millions and His Reputation
PED Use Cost Alex Rodriguez Millions and His Reputation


Leave a Reply

 
© 2006-2017 BBNS.