Walker & Dunlop EVP Unloads $112,305 in Stock (WD)
Walker & Dunlop (NYSE:WD) EVP Richard Warner sold 7,502 shares of Walker & Dunlop stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $14.97, for a total value of $112,304.94. Following the completion of the sale, the executive vice president now directly owns 68,026 shares in the company. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on WD shares. Analysts at Zacks downgraded shares of Walker & Dunlop (NYSE:WD) from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday, August 14th. They now have a $14.10 price target on the stock. Separately, analysts at Keefe, Bruyette & Woods cut their price target on shares of Walker & Dunlop (NYSE:WD) from $22.00 to $20.00 in a research note to investors on Monday, August 12th. Finally, analysts at TheStreet downgraded shares of Walker & Dunlop (NYSE:WD) to a “hold” rating in a research note to investors on Monday, August 12th.
One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. Walker & Dunlop has an average rating of “Hold” and an average price target of $19.02.
Shares of Walker & Dunlop (NYSE:WD) traded down 1.79% on Wednesday, hitting $14.80. 79,658 shares of the company’s stock traded hands. Walker & Dunlop has a 1-year low of $13.76 and a 1-year high of $21.76. The stock’s 50-day moving average is $16.02 and its 200-day moving average is $17.87. The company has a market cap of $517.1 million and a P/E ratio of 11.76.
Walker & Dunlop (NYSE:WD) last released its earnings data on Thursday, August 8th. The company reported $0.44 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.59 by $0.15. The company had revenue of $90.70 million for the quarter, compared to the consensus estimate of $95.20 million. Analysts expect that Walker & Dunlop will post $1.61 EPS for the current fiscal year.
Walker & Dunlop, Inc (NYSE:WD) is a holding company and conducts all of its operations through Walker & Dunlop, LLC.
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