25,000 Shares of Walker & Dunlop, Inc. $WD Bought by DBA Trading LLC

DBA Trading LLC bought a new position in shares of Walker & Dunlop, Inc. (NYSE:WD) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 25,000 shares of the financial services provider’s stock, valued at approximately $878,000. Walker & Dunlop makes up approximately 1.5% of DBA Trading LLC’s portfolio, making the stock its 17th largest position.

A number of other hedge funds have also recently bought and sold shares of WD. EverSource Wealth Advisors LLC increased its position in shares of Walker & Dunlop by 107.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 580 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 301 shares during the last quarter. IFP Advisors Inc boosted its holdings in shares of Walker & Dunlop by 223.8% in the 2nd quarter. IFP Advisors Inc now owns 489 shares of the financial services provider’s stock valued at $27,000 after buying an additional 338 shares during the last quarter. Essential Partners LLC grew its stake in shares of Walker & Dunlop by 709.1% in the first quarter. Essential Partners LLC now owns 623 shares of the financial services provider’s stock valued at $28,000 after buying an additional 546 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of Walker & Dunlop in the second quarter valued at $35,000. Finally, Signaturefd LLC increased its holdings in Walker & Dunlop by 108.2% during the third quarter. Signaturefd LLC now owns 1,070 shares of the financial services provider’s stock worth $38,000 after buying an additional 556 shares during the last quarter. 80.97% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Keefe, Bruyette & Woods dropped their price target on shares of Walker & Dunlop from $45.00 to $43.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 3rd. Weiss Ratings lowered shares of Walker & Dunlop from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday. Citizens Jmp dropped their target price on shares of Walker & Dunlop from $55.00 to $50.00 and set a “market outperform” rating on the stock in a report on Friday, October 16th. Citigroup reaffirmed a “market outperform” rating on shares of Walker & Dunlop in a report on Friday, October 16th. Finally, Wall Street Zen upgraded shares of Walker & Dunlop from a “sell” rating to a “hold” rating in a research note on Saturday, August 29th. Five analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, Walker & Dunlop presently has an average rating of “Moderate Buy” and an average price target of $59.25.

Insider Transactions at Walker & Dunlop

In other news, Director Gary S. Pinkus purchased 4,850 shares of Walker & Dunlop stock in a transaction that occurred on Monday, November 9th. The stock was acquired at an average cost of $41.35 per share, for a total transaction of $200,547.50. Following the purchase, the director directly owned 4,850 shares of the company’s stock, valued at $200,547.50. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 4.02% of the stock is owned by company insiders.

Walker & Dunlop Stock Down 3.6%

Walker & Dunlop stock opened at $39.98 on Wednesday. The company’s 50-day moving average price is $36.65 and its two-hundred day moving average price is $47.14. The stock has a market cap of $1.38 billion, a P/E ratio of 12.17 and a beta of 1.48. Walker & Dunlop, Inc. has a twelve month low of $31.40 and a twelve month high of $69.19.

Walker & Dunlop (NYSE:WD) last issued its quarterly earnings data on Thursday, November 5th. The financial services provider reported $0.92 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.06). Walker & Dunlop had a positive return on equity of 6.66% and a negative net margin of 2.64%. The firm had revenue of $298.45 million for the quarter, compared to the consensus estimate of $310.93 million. During the same quarter in the prior year, the firm earned $1.22 EPS. The company’s revenue was down 11.6% on a year-over-year basis.

Walker & Dunlop Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 20th will be issued a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 6.8%. The ex-dividend date of this dividend is Friday, November 20th. Walker & Dunlop’s dividend payout ratio (DPR) is presently -269.31%.

Walker & Dunlop Company Profile

Walker & Dunlop, Inc. is a commercial real estate finance and advisory firm focused primarily on multifamily properties. It arranges debt and equity financing, provides investment sales and property valuation services, and offers capital markets and investment management services to property owners and investors. The company works with government-sponsored housing finance agencies, including Fannie Mae and Freddie Mac, as well as the Federal Housing Administration, to provide financing options. Its services also include loan servicing and financing for other types of commercial real estate.