Deutsche Bank AG Takes Position in Walker & Dunlop, Inc. $WD

Deutsche Bank AG purchased a new stake in shares of Walker & Dunlop, Inc. (NYSE:WD - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 155,974 shares of the financial services provider's stock, valued at approximately $8,532,000. Deutsche Bank AG owned approximately 0.45% of Walker & Dunlop at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in WD. ProShare Advisors LLC increased its stake in Walker & Dunlop by 3.1% in the 4th quarter. ProShare Advisors LLC now owns 6,425 shares of the financial services provider's stock valued at $386,000 after buying an additional 192 shares during the last quarter. California State Teachers Retirement System boosted its stake in shares of Walker & Dunlop by 0.7% in the 2nd quarter. California State Teachers Retirement System now owns 31,143 shares of the financial services provider's stock worth $2,195,000 after buying an additional 216 shares during the last quarter. Huntington National Bank boosted its stake in shares of Walker & Dunlop by 47.9% in the 4th quarter. Huntington National Bank now owns 865 shares of the financial services provider's stock worth $52,000 after buying an additional 280 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Walker & Dunlop by 107.9% in the first quarter. EverSource Wealth Advisors LLC now owns 580 shares of the financial services provider's stock valued at $26,000 after acquiring an additional 301 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of Walker & Dunlop by 0.6% in the third quarter. Ameriprise Financial Inc. now owns 65,018 shares of the financial services provider's stock valued at $5,437,000 after acquiring an additional 358 shares in the last quarter. 80.97% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on WD. Weiss Ratings lowered Walker & Dunlop from a "hold (c-)" rating to a "sell (d+)" rating in a report on Tuesday, August 18th. Citigroup reaffirmed a "market outperform" rating on shares of Walker & Dunlop in a research report on Tuesday, August 18th. Keefe, Bruyette & Woods lowered their target price on Walker & Dunlop from $63.00 to $57.00 and set an "outperform" rating on the stock in a research note on Friday, August 7th. Wall Street Zen cut Walker & Dunlop from a "hold" rating to a "sell" rating in a research note on Saturday, August 8th. Finally, Citizens Jmp cut their price target on shares of Walker & Dunlop from $70.00 to $55.00 and set a "market outperform" rating on the stock in a report on Tuesday, August 18th. Five analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Walker & Dunlop presently has an average rating of "Moderate Buy" and a consensus price target of $64.00.

Walker & Dunlop Trading Up 0.3%

Walker & Dunlop stock opened at $40.34 on Monday. Walker & Dunlop, Inc. has a 12 month low of $39.45 and a 12 month high of $90.00. The business's 50 day simple moving average is $48.90 and its 200 day simple moving average is $50.49. The company has a market cap of $1.38 billion, a price-to-earnings ratio of 36.02 and a beta of 1.49.

Walker & Dunlop (NYSE:WD - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The financial services provider reported $1.19 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.29. Walker & Dunlop had a return on equity of 7.25% and a net margin of 2.94%.The business had revenue of $306.69 million during the quarter, compared to analyst estimates of $337.37 million. During the same period in the prior year, the company earned $1.15 earnings per share. Walker & Dunlop's revenue was down 3.9% compared to the same quarter last year.

Walker & Dunlop Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be paid a dividend of $0.68 per share. The ex-dividend date is Thursday, August 20th. This represents a $2.72 annualized dividend and a dividend yield of 6.7%. Walker & Dunlop's dividend payout ratio is presently 242.86%.

About Walker & Dunlop

Walker & Dunlop is one of the largest providers of commercial real estate finance in the United States, specializing in the origination, servicing and sale of loans secured by multifamily, seniors housing, healthcare, student housing and manufactured housing properties. The firm offers a full suite of debt and equity solutions, including agency financing through Fannie Mae and Freddie Mac, HUD and FHA-insured loans, bridge and construction financing, mezzanine debt, preferred equity, and investment sales advisory.

With roots dating back to 1937 and its headquarters in Bethesda, Maryland, Walker & Dunlop has expanded its platform through both organic growth and strategic acquisitions.

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