Walker & Dunlop, Inc. (NYSE:WD) Shares Sold by Deutsche Bank AG

Deutsche Bank AG cut its stake in shares of Walker & Dunlop, Inc. (NYSE:WD) by 2.4% during the 1st quarter, HoldingsChannel.com reports. The fund owned 100,412 shares of the financial services provider’s stock after selling 2,482 shares during the period. Deutsche Bank AG’s holdings in Walker & Dunlop were worth $8,571,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WD. Sterling Capital Management LLC raised its position in shares of Walker & Dunlop by 456.4% during the 4th quarter. Sterling Capital Management LLC now owns 306 shares of the financial services provider’s stock valued at $30,000 after acquiring an additional 251 shares in the last quarter. First Horizon Advisors Inc. acquired a new position in Walker & Dunlop during the 1st quarter worth $27,000. Versant Capital Management Inc lifted its holdings in shares of Walker & Dunlop by 90.5% in the first quarter. Versant Capital Management Inc now owns 383 shares of the financial services provider’s stock valued at $33,000 after buying an additional 182 shares during the period. Parallel Advisors LLC lifted its holdings in shares of Walker & Dunlop by 122.0% in the first quarter. Parallel Advisors LLC now owns 444 shares of the financial services provider’s stock valued at $38,000 after buying an additional 244 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in shares of Walker & Dunlop by 26.1% in the first quarter. GAMMA Investing LLC now owns 764 shares of the financial services provider’s stock valued at $65,000 after buying an additional 158 shares during the period. 80.97% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on WD shares. Wedbush restated a “neutral” rating and issued a $90.00 price objective on shares of Walker & Dunlop in a report on Thursday. Wall Street Zen raised Walker & Dunlop from a “strong sell” rating to a “hold” rating in a research report on Saturday, August 9th.

Walker & Dunlop Stock Down 0.8%

Shares of Walker & Dunlop stock opened at $83.64 on Friday. The stock’s fifty day moving average is $74.02 and its 200-day moving average is $77.90. The firm has a market capitalization of $2.85 billion, a PE ratio of 25.81 and a beta of 1.57. Walker & Dunlop, Inc. has a 12-month low of $64.48 and a 12-month high of $118.19.

Walker & Dunlop (NYSE:WD) last announced its earnings results on Thursday, August 7th. The financial services provider reported $1.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.14). The company had revenue of $319.24 million for the quarter, compared to analyst estimates of $275.84 million. Walker & Dunlop had a return on equity of 8.81% and a net margin of 9.27%. The firm’s revenue for the quarter was up 17.9% on a year-over-year basis. During the same period last year, the firm earned $1.23 earnings per share. Analysts expect that Walker & Dunlop, Inc. will post 4.97 EPS for the current year.

Walker & Dunlop Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 5th. Investors of record on Thursday, August 21st will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Thursday, August 21st. Walker & Dunlop’s payout ratio is presently 82.72%.

Walker & Dunlop Company Profile

Walker & Dunlop, Inc is a holding company, which engages in the provision of commercial real estate and finance services. It operates through the following segments: Capital Markets, Servicing and Asset Management, and Corporate. The Capital Markets segment offers a comprehensive range of commercial real estate finance products to customers.