By otakuyassine3@gmail.com 
Atria Investments Inc cut its position in Deutsche Bank Aktiengesellschaft (NYSE:DB – Free Report) by 2.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,134 shares of the bank’s stock after selling 721 shares during the quarter. Atria Investments Inc’s holdings in Deutsche Bank Aktiengesellschaft were worth $599,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also added to or reduced their stakes in DB. Bank of New York Mellon Corp lifted its holdings in Deutsche Bank Aktiengesellschaft by 2.9% in the 4th quarter. Bank of New York Mellon Corp now owns 3,132,515 shares of the bank’s stock worth $53,409,000 after buying an additional 88,606 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 23.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,546,283 shares of the bank’s stock worth $44,042,000 after acquiring an additional 483,788 shares in the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH boosted its holdings in Deutsche Bank Aktiengesellschaft by 2.1% in the fourth quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 2,286,316 shares of the bank’s stock valued at $39,492,000 after purchasing an additional 46,192 shares during the last quarter. Wellington Management Group LLP grew its stake in Deutsche Bank Aktiengesellschaft by 332.0% during the 3rd quarter. Wellington Management Group LLP now owns 2,194,855 shares of the bank’s stock valued at $37,964,000 after purchasing an additional 1,686,776 shares in the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new stake in Deutsche Bank Aktiengesellschaft during the 3rd quarter worth approximately $28,515,000. 27.90% of the stock is owned by institutional investors and hedge funds.
Deutsche Bank Aktiengesellschaft Stock Up 5.3 %
NYSE:DB opened at $24.20 on Friday. The company has a current ratio of 0.74, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. The stock has a 50 day moving average of $20.23 and a 200-day moving average of $18.13. The firm has a market capitalization of $48.20 billion, a PE ratio of 17.41 and a beta of 1.23. Deutsche Bank Aktiengesellschaft has a 52 week low of $13.70 and a 52 week high of $24.44.
Deutsche Bank Aktiengesellschaft (NYSE:DB – Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The bank reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. Analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.
Deutsche Bank Aktiengesellschaft Increases Dividend
The company also recently disclosed an annual dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 26th will be given a $0.5122 dividend. The ex-dividend date is Friday, May 23rd. This is an increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. This represents a yield of 1.7%. Deutsche Bank Aktiengesellschaft’s dividend payout ratio (DPR) is currently 15.18%.
Analyst Ratings Changes
DB has been the subject of several research analyst reports. Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Wednesday, February 5th. The Goldman Sachs Group raised shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research report on Thursday, January 30th. Barclays reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Finally, Citigroup reissued a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy”.
Check Out Our Latest Stock Report on DB
About Deutsche Bank Aktiengesellschaft
Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, and asset management products and services to private individuals, corporate entities, and institutional clients in Germany, the United Kingdom, rest of Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.
See Also
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