Walker & Dunlop, Inc. (NYSE:WD) CEO William M. Walker sold 54,574 shares of the company’s stock in a transaction dated Tuesday, January 9th. The shares were sold at an average price of $48.04, for a total transaction of $2,621,734.96. Following the transaction, the chief executive officer now owns 1,377,213 shares in the company, valued at approximately $66,161,312.52. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Walker & Dunlop, Inc. (NYSE WD) opened at $46.37 on Friday. The company has a debt-to-equity ratio of 4.84, a quick ratio of 12.88 and a current ratio of 12.88. The stock has a market cap of $1,440.00, a PE ratio of 10.04 and a beta of 1.37. Walker & Dunlop, Inc. has a one year low of $30.08 and a one year high of $56.46.

Walker & Dunlop (NYSE:WD) last posted its earnings results on Wednesday, November 8th. The financial services provider reported $1.06 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.09. Walker & Dunlop had a net margin of 21.81% and a return on equity of 22.35%. The business had revenue of $179.70 million for the quarter, compared to analysts’ expectations of $166.38 million. During the same quarter in the prior year, the business earned $0.96 EPS. The business’s revenue for the quarter was up 16.1% compared to the same quarter last year. equities research analysts forecast that Walker & Dunlop, Inc. will post 4.49 earnings per share for the current fiscal year.

Several large investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of Walker & Dunlop by 11.0% in the 2nd quarter. Vanguard Group Inc. now owns 3,783,928 shares of the financial services provider’s stock worth $184,769,000 after purchasing an additional 374,119 shares during the period. State Street Corp lifted its stake in shares of Walker & Dunlop by 5.4% in the 2nd quarter. State Street Corp now owns 680,099 shares of the financial services provider’s stock worth $33,209,000 after purchasing an additional 34,910 shares during the period. Teachers Advisors LLC lifted its stake in shares of Walker & Dunlop by 13.3% in the 2nd quarter. Teachers Advisors LLC now owns 515,171 shares of the financial services provider’s stock worth $25,156,000 after purchasing an additional 60,675 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Walker & Dunlop by 4.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 394,596 shares of the financial services provider’s stock worth $20,649,000 after purchasing an additional 17,963 shares during the period. Finally, Prudential Financial Inc. lifted its stake in shares of Walker & Dunlop by 1.3% in the 3rd quarter. Prudential Financial Inc. now owns 369,256 shares of the financial services provider’s stock worth $19,323,000 after purchasing an additional 4,820 shares during the period. Hedge funds and other institutional investors own 77.47% of the company’s stock.

Several research firms have issued reports on WD. Keefe, Bruyette & Woods restated a “hold” rating and set a $49.00 target price on shares of Walker & Dunlop in a research note on Thursday, October 12th. Zacks Investment Research upgraded shares of Walker & Dunlop from a “sell” rating to a “hold” rating in a research note on Wednesday, December 20th. ValuEngine cut shares of Walker & Dunlop from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 1st. Finally, TheStreet cut shares of Walker & Dunlop from a “b-” rating to a “c+” rating in a research note on Monday, December 4th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Walker & Dunlop currently has an average rating of “Buy” and an average target price of $55.50.

ILLEGAL ACTIVITY NOTICE: “Walker & Dunlop, Inc. (WD) CEO Sells $2,621,734.96 in Stock” was originally reported by Watch List News and is the property of of Watch List News. If you are reading this article on another website, it was copied illegally and republished in violation of U.S. and international copyright legislation. The original version of this article can be accessed at https://www.watchlistnews.com/walker-dunlop-inc-wd-ceo-sells-2621734-96-in-stock/1805309.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.

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

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