Walker & Dunlop, Inc. (NYSE:WD) Holdings Decreased by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund trimmed its stake in shares of Walker & Dunlop, Inc. (NYSE:WD) by 8.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,201 shares of the financial services provider’s stock after selling 800 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Walker & Dunlop were worth $805,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Sage Mountain Advisors LLC raised its position in Walker & Dunlop by 9.5% in the second quarter. Sage Mountain Advisors LLC now owns 2,190 shares of the financial services provider’s stock worth $215,000 after acquiring an additional 190 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Walker & Dunlop by 10.0% during the second quarter. Allspring Global Investments Holdings LLC now owns 81,980 shares of the financial services provider’s stock worth $8,050,000 after purchasing an additional 7,443 shares during the period. Verdence Capital Advisors LLC boosted its position in shares of Walker & Dunlop by 4.0% in the 2nd quarter. Verdence Capital Advisors LLC now owns 33,721 shares of the financial services provider’s stock valued at $3,311,000 after purchasing an additional 1,303 shares during the period. Bank of New York Mellon Corp increased its stake in Walker & Dunlop by 0.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 377,417 shares of the financial services provider’s stock worth $37,062,000 after purchasing an additional 2,815 shares in the last quarter. Finally, Spinnaker Investment Group LLC raised its holdings in Walker & Dunlop by 8.5% during the 2nd quarter. Spinnaker Investment Group LLC now owns 15,021 shares of the financial services provider’s stock worth $1,475,000 after buying an additional 1,180 shares during the period. 80.97% of the stock is owned by institutional investors and hedge funds.

Walker & Dunlop Stock Up 0.1 %

WD stock opened at $103.51 on Wednesday. The company has a market capitalization of $3.49 billion, a price-to-earnings ratio of 37.78 and a beta of 1.55. Walker & Dunlop, Inc. has a 12 month low of $62.51 and a 12 month high of $113.67. The firm has a 50 day moving average of $103.40 and a two-hundred day moving average of $97.88.

Walker & Dunlop (NYSE:WD) last posted its quarterly earnings data on Thursday, August 8th. The financial services provider reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.07. The business had revenue of $270.70 million during the quarter, compared to the consensus estimate of $274.50 million. Walker & Dunlop had a net margin of 8.41% and a return on equity of 9.65%. Walker & Dunlop’s quarterly revenue was down .7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.98 EPS. On average, research analysts expect that Walker & Dunlop, Inc. will post 5.27 EPS for the current fiscal year.

Walker & Dunlop Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Thursday, August 22nd were paid a $0.65 dividend. The ex-dividend date was Thursday, August 22nd. This represents a $2.60 annualized dividend and a dividend yield of 2.51%. Walker & Dunlop’s payout ratio is 94.89%.

Analyst Ratings Changes

WD has been the topic of a number of research reports. Wedbush upped their target price on Walker & Dunlop from $95.00 to $105.00 and gave the company a “neutral” rating in a report on Friday, August 9th. Keefe, Bruyette & Woods lifted their price objective on Walker & Dunlop from $105.00 to $112.00 and gave the company a “market perform” rating in a research report on Thursday, July 25th. Finally, StockNews.com raised Walker & Dunlop from a “sell” rating to a “hold” rating in a research report on Sunday, August 11th.

Insiders Place Their Bets

In related news, COO Stephen P. Theobald sold 13,870 shares of the company’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $106.10, for a total value of $1,471,607.00. Following the sale, the chief operating officer now owns 53,869 shares of the company’s stock, valued at $5,715,500.90. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 5.47% of the company’s stock.

About Walker & Dunlop

Walker & Dunlop, Inc, through its subsidiaries, originates, sells, and services a range of multifamily and other commercial real estate financing products and services for owners and developers of real estate in the United States. It operates through three segments: Capital Markets, Servicing & Asset Management, and Corporate.