Walker & Dunlop, Inc. (WD) Director Michael D. Malone Buys 10,000 Shares

Walker & Dunlop, Inc. (NYSE:WD) Director Michael D. Malone purchased 10,000 shares of the firm’s stock in a transaction dated Friday, February 9th. The shares were acquired at an average cost of $49.75 per share, with a total value of $497,500.00. Following the completion of the purchase, the director now directly owns 21,519 shares in the company, valued at $1,070,570.25. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Walker & Dunlop, Inc. (NYSE:WD) opened at $48.10 on Monday. The firm has a market cap of $1,494.20, a P/E ratio of 10.13 and a beta of 1.08. Walker & Dunlop, Inc. has a 52 week low of $36.96 and a 52 week high of $56.46. The company has a debt-to-equity ratio of 1.35, a quick ratio of 12.88 and a current ratio of 5.26.

Walker & Dunlop (NYSE:WD) last released its earnings results on Wednesday, February 7th. The financial services provider reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.26. Walker & Dunlop had a net margin of 29.66% and a return on equity of 21.33%. The business had revenue of $207.20 million during the quarter, compared to analysts’ expectations of $181.14 million. During the same period last year, the business earned $1.16 earnings per share. The firm’s revenue was up 16.1% on a year-over-year basis. equities research analysts predict that Walker & Dunlop, Inc. will post 4.32 earnings per share for the current fiscal year.

Walker & Dunlop declared that its board has authorized a stock repurchase plan on Wednesday, February 7th that permits the company to repurchase $50.00 million in shares. This repurchase authorization permits the financial services provider to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 7th. Investors of record on Friday, February 23rd will be paid a $0.25 dividend. The ex-dividend date is Thursday, February 22nd. This represents a $1.00 annualized dividend and a dividend yield of 2.08%.

Large investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC bought a new position in shares of Walker & Dunlop in the third quarter valued at $123,000. Flinton Capital Management LLC grew its stake in shares of Walker & Dunlop by 69.4% in the second quarter. Flinton Capital Management LLC now owns 3,570 shares of the financial services provider’s stock valued at $174,000 after buying an additional 1,462 shares in the last quarter. Meeder Asset Management Inc. grew its stake in shares of Walker & Dunlop by 38.8% in the third quarter. Meeder Asset Management Inc. now owns 3,648 shares of the financial services provider’s stock valued at $191,000 after buying an additional 1,019 shares in the last quarter. Advisor Group Inc. grew its stake in shares of Walker & Dunlop by 108.9% in the second quarter. Advisor Group Inc. now owns 3,912 shares of the financial services provider’s stock valued at $191,000 after buying an additional 2,039 shares in the last quarter. Finally, LS Investment Advisors LLC grew its stake in shares of Walker & Dunlop by 29.0% in the third quarter. LS Investment Advisors LLC now owns 4,084 shares of the financial services provider’s stock valued at $214,000 after buying an additional 919 shares in the last quarter. 78.61% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have recently weighed in on the stock. ValuEngine raised shares of Walker & Dunlop from a “buy” rating to a “strong-buy” rating in a research note on Thursday. Keefe, Bruyette & Woods reaffirmed a “buy” rating on shares of Walker & Dunlop in a research note on Wednesday, February 7th. Zacks Investment Research cut shares of Walker & Dunlop from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 19th. Finally, TheStreet cut shares of Walker & Dunlop from a “b-” rating to a “c+” rating in a research note on Monday, December 4th. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $55.50.

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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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