Versor Investments LP Sells 944 Shares of Walker & Dunlop, Inc. $WD

Versor Investments LP cut its holdings in Walker & Dunlop, Inc. (NYSE:WD) by 21.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,415 shares of the financial services provider’s stock after selling 944 shares during the quarter. Versor Investments LP’s holdings in Walker & Dunlop were worth $241,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of WD. Caitong International Asset Management Co. Ltd acquired a new position in shares of Walker & Dunlop in the 1st quarter valued at $32,000. Strs Ohio acquired a new stake in shares of Walker & Dunlop during the first quarter worth $51,000. National Bank of Canada FI increased its holdings in Walker & Dunlop by 81.9% in the first quarter. National Bank of Canada FI now owns 724 shares of the financial services provider’s stock valued at $62,000 after purchasing an additional 326 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new position in Walker & Dunlop in the first quarter valued at about $112,000. Finally, Vanguard Personalized Indexing Management LLC lifted its stake in Walker & Dunlop by 18.8% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 2,905 shares of the financial services provider’s stock valued at $205,000 after buying an additional 459 shares during the period. Institutional investors and hedge funds own 80.97% of the company’s stock.

Wall Street Analyst Weigh In

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

Walker & Dunlop Stock Performance

NYSE WD opened at $71.00 on Friday. The stock has a market cap of $2.42 billion, a price-to-earnings ratio of 21.91 and a beta of 1.66. The business has a 50 day simple moving average of $83.23 and a 200 day simple moving average of $77.36. Walker & Dunlop, Inc. has a 52-week low of $64.48 and a 52-week high of $114.60.

Walker & Dunlop (NYSE:WD) last issued its quarterly earnings data on Thursday, November 6th. The financial services provider reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.01. Walker & Dunlop had a net margin of 9.27% and a return on equity of 8.81%. The company had revenue of $337.68 million during the quarter, compared to the consensus estimate of $325.10 million. During the same quarter in the prior year, the firm earned $1.19 earnings per share. The firm’s revenue was up 15.5% compared to the same quarter last year. On average, analysts predict that Walker & Dunlop, Inc. will post 4.97 EPS for the current year.

Walker & Dunlop Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 5th. Stockholders of record on Friday, November 21st will be issued a $0.67 dividend. The ex-dividend date is Friday, November 21st. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.8%. Walker & Dunlop’s dividend payout ratio (DPR) is 82.72%.

Insider Activity

In related news, EVP Paula A. Pryor sold 5,336 shares of the stock in a transaction on 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 transaction, the executive vice president owned 9,341 shares in the company, valued at approximately $805,194.20. This represents a 36.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 3.66% of the stock is owned by company insiders.

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.