Korea Investment CORP Has $28.38 Million Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Korea Investment CORP increased its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 101.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,647,146 shares of the bank’s stock after acquiring an additional 831,251 shares during the quarter. Korea Investment CORP’s holdings in Deutsche Bank Aktiengesellschaft were worth $28,382,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Versant Capital Management Inc acquired a new position in Deutsche Bank Aktiengesellschaft in the fourth quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB bought a new position in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter worth $43,000. Jones Financial Companies Lllp boosted its position in shares of Deutsche Bank Aktiengesellschaft by 1,270.5% in 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 bought a new stake in Deutsche Bank Aktiengesellschaft in the fourth quarter valued at about $86,000. Finally, Smartleaf Asset Management LLC lifted its stake 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 period. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Trading Down 2.1 %

DB opened at $23.97 on Friday. The stock has a market capitalization of $47.76 billion, a P/E ratio of 17.25 and a beta of 1.23. The company has a current ratio of 0.74, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. Deutsche Bank Aktiengesellschaft has a 12 month low of $13.70 and a 12 month high of $25.33. The firm’s fifty day simple moving average is $21.55 and its 200 day simple moving average is $18.70.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its quarterly earnings data on Thursday, January 30th. The bank reported $0.16 earnings per share 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%. As a group, research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 26th will be given a $0.5122 dividend. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, May 23rd. This is a positive change from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. Deutsche Bank Aktiengesellschaft’s payout ratio is currently 15.18%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on DB shares. Citigroup restated a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, March 7th. Barclays reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Royal Bank of Canada reaffirmed an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday. Finally, StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Wednesday, February 5th. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy”.

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.