Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Acquired by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. increased its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 7.3% during the 4th quarter, Holdings Channel reports. The fund owned 357,371 shares of the bank’s stock after purchasing an additional 24,412 shares during the quarter. Royal London Asset Management Ltd.’s holdings in Deutsche Bank Aktiengesellschaft were worth $6,093,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Versant Capital Management Inc purchased a new position in Deutsche Bank Aktiengesellschaft in the fourth quarter worth approximately $26,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at $43,000. Jones Financial Companies Lllp lifted its position in shares of Deutsche Bank Aktiengesellschaft by 1,270.5% during the 4th quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank’s stock worth $69,000 after purchasing an additional 3,748 shares during the last quarter. Activest Wealth Management acquired a new position in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter worth $86,000. Finally, Smartleaf Asset Management LLC increased its holdings in Deutsche Bank Aktiengesellschaft by 218.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 7,278 shares of the bank’s stock valued at $125,000 after buying an additional 4,992 shares during the last quarter. 27.90% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on DB. Barclays reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Wednesday, February 5th. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Thursday, January 30th. Citigroup reaffirmed a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Finally, Morgan Stanley reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, March 7th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Deutsche Bank Aktiengesellschaft currently has an average rating of “Buy”.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of NYSE DB opened at $24.24 on Monday. 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 market cap of $48.28 billion, a P/E ratio of 17.44 and a beta of 1.23. The stock has a 50 day moving average of $20.93 and a two-hundred day moving average of $18.44. Deutsche Bank Aktiengesellschaft has a twelve month low of $13.70 and a twelve month high of $25.03.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings results on Thursday, January 30th. The bank reported $0.16 earnings per share 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%. On average, research analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Monday, May 26th will be given a dividend of $0.5122 per share. This represents a yield of 1.7%. This is a boost from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. The ex-dividend date of this dividend is Friday, May 23rd. Deutsche Bank Aktiengesellschaft’s dividend payout ratio (DPR) is presently 15.18%.

Deutsche Bank Aktiengesellschaft Profile

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.