Richard M. Lucas Sells 20,000 Shares of Walker & Dunlop, Inc. (WD) Stock

Walker & Dunlop, Inc. (NYSE:WD) EVP Richard M. Lucas sold 20,000 shares of Walker & Dunlop stock in a transaction that occurred on Friday, January 5th. The stock was sold at an average price of $46.85, for a total transaction of $937,000.00. Following the completion of the transaction, the executive vice president now owns 150,918 shares of the company’s stock, valued at approximately $7,070,508.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Walker & Dunlop, Inc. (NYSE:WD) opened at $46.85 on Thursday. The firm has a market cap of $1,460.00, a P/E ratio of 10.14 and a beta of 1.37. The company has a current ratio of 12.88, a quick ratio of 12.88 and a debt-to-equity ratio of 4.84. Walker & Dunlop, Inc. has a 12-month low of $29.93 and a 12-month high of $56.46.

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

A number of research analysts recently issued reports on WD shares. Zacks Investment Research upgraded shares of Walker & Dunlop from a “sell” rating to a “hold” rating in a research note on Wednesday, December 20th. Keefe, Bruyette & Woods upgraded shares of Walker & Dunlop from a “market perform” rating to an “outperform” rating in a research note on Friday, January 5th. They noted that the move was a valuation call. TheStreet downgraded shares of Walker & Dunlop from a “b-” rating to a “c+” rating in a research note on Monday, December 4th. Finally, ValuEngine downgraded shares of Walker & Dunlop from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $55.50.

Large investors have recently modified their holdings of the company. SG Americas Securities LLC acquired a new position in shares of Walker & Dunlop in the 3rd quarter valued at $123,000. Riverhead Capital Management LLC increased its holdings in shares of Walker & Dunlop by 68.6% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,698 shares of the financial services provider’s stock valued at $132,000 after acquiring an additional 1,098 shares during the period. Flinton Capital Management LLC increased its holdings in shares of Walker & Dunlop by 69.4% in the 2nd quarter. Flinton Capital Management LLC now owns 3,570 shares of the financial services provider’s stock valued at $174,000 after acquiring an additional 1,462 shares during the period. Advisor Group Inc. increased its holdings in shares of Walker & Dunlop by 108.9% in the 2nd quarter. Advisor Group Inc. now owns 3,912 shares of the financial services provider’s stock valued at $191,000 after acquiring an additional 2,039 shares during the period. Finally, Meeder Asset Management Inc. increased its holdings in shares of Walker & Dunlop by 38.8% in the 3rd quarter. Meeder Asset Management Inc. now owns 3,648 shares of the financial services provider’s stock valued at $191,000 after acquiring an additional 1,019 shares during the period. Institutional investors and hedge funds own 77.47% of the company’s stock.

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Walker & Dunlop Company Profile

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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