Walker & Dunlop, Inc. (NYSE:WD) Director Dana L. Schmaltz acquired 2,000 shares of the stock in a transaction dated Wednesday, August 9th. The stock was acquired at an average cost of $47.85 per share, with a total value of $95,700.00. Following the completion of the transaction, the director now owns 44,983 shares in the company, valued at approximately $2,152,436.55. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

Shares of Walker & Dunlop, Inc. (WD) traded up 0.91% during mid-day trading on Friday, hitting $46.66. The stock had a trading volume of 189,758 shares. The stock’s 50-day moving average is $49.72 and its 200 day moving average is $44.44. Walker & Dunlop, Inc. has a 1-year low of $23.61 and a 1-year high of $53.43. The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of 10.31 and a beta of 1.39.

Walker & Dunlop (NYSE:WD) last released its quarterly earnings results on Wednesday, August 2nd. The financial services provider reported $1.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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 company had revenue of $166.40 million during the quarter, compared to analysts’ expectations of $167.51 million. During the same quarter in the prior year, the business posted $1.05 earnings per share. The company’s revenue for the quarter was up 12.5% compared to the same quarter last year. Equities research analysts predict that Walker & Dunlop, Inc. will post $4.50 EPS for the current fiscal year.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. State of Alaska Department of Revenue boosted its position in Walker & Dunlop by 2.0% in the first quarter. State of Alaska Department of Revenue now owns 3,060 shares of the financial services provider’s stock valued at $127,000 after buying an additional 60 shares during the last quarter. Meeder Asset Management Inc. boosted its position in Walker & Dunlop by 226.2% in the second quarter. Meeder Asset Management Inc. now owns 2,629 shares of the financial services provider’s stock valued at $128,000 after buying an additional 1,823 shares during the last quarter. LS Investment Advisors LLC boosted its position in Walker & Dunlop by 230.6% in the first quarter. LS Investment Advisors LLC now owns 3,118 shares of the financial services provider’s stock valued at $130,000 after buying an additional 2,175 shares during the last quarter. Riverhead Capital Management LLC boosted its position in Walker & Dunlop by 68.6% in the second quarter. Riverhead Capital Management LLC now owns 2,698 shares of the financial services provider’s stock valued at $132,000 after buying an additional 1,098 shares during the last quarter. Finally, Cypress Capital Management LLC WY boosted its position in Walker & Dunlop by 72.8% in the second quarter. Cypress Capital Management LLC WY now owns 2,730 shares of the financial services provider’s stock valued at $133,000 after buying an additional 1,150 shares during the last quarter. 80.85% of the stock is owned by institutional investors.

Several research analysts have recently weighed in on the company. JMP Securities lowered Walker & Dunlop from an “outperform” rating to a “market perform” rating in a research report on Wednesday, May 3rd. Zacks Investment Research lowered Walker & Dunlop from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 18th. Keefe, Bruyette & Woods set a $49.00 price objective on Walker & Dunlop and gave the stock a “hold” rating in a research report on Wednesday, August 2nd. ValuEngine raised Walker & Dunlop from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 2nd. Finally, BidaskClub lowered Walker & Dunlop from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. 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. Walker & Dunlop presently has a consensus rating of “Buy” and an average target price of $47.00.

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.

Insider Buying and Selling by Quarter for Walker & Dunlop (NYSE:WD)

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