Natixis Advisors LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB – Free Report) by 1.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 360,383 shares of the bank’s stock after purchasing an additional 5,904 shares during the period. Natixis Advisors LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $6,145,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in DB. Versant Capital Management Inc acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the third quarter valued at approximately $43,000. Jones Financial Companies Lllp raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 1,270.5% during the fourth quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank’s stock valued at $69,000 after acquiring an additional 3,748 shares during the period. Activest Wealth Management acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter valued at approximately $86,000. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 218.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 7,278 shares of the bank’s stock valued at $125,000 after acquiring an additional 4,992 shares during the period. 27.90% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research analysts have weighed in on the stock. Barclays reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. Citigroup reiterated a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Wednesday, February 5th. Finally, The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Thursday, January 30th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Deutsche Bank Aktiengesellschaft presently has a consensus rating of “Buy”.
Deutsche Bank Aktiengesellschaft Stock Performance
Shares of DB opened at $24.24 on Friday. The company’s fifty day moving average is $20.93 and its 200-day moving average is $18.41. Deutsche Bank Aktiengesellschaft has a 12 month low of $13.70 and a 12 month high of $25.03. The firm has a market cap of $48.28 billion, a price-to-earnings ratio of 17.44 and a beta of 1.23. The company has a quick ratio of 0.78, a current ratio of 0.74 and a debt-to-equity ratio of 1.45.
Deutsche Bank Aktiengesellschaft (NYSE:DB – Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The bank reported $0.16 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. Equities analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.
Deutsche Bank Aktiengesellschaft Increases Dividend
The firm also recently declared an annual dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 26th will be paid a dividend of $0.5122 per share. This is a positive change from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. The ex-dividend date is Friday, May 23rd. This represents a dividend yield of 1.7%. Deutsche Bank Aktiengesellschaft’s dividend payout ratio is 15.18%.
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.
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