Headlands Technologies LLC Acquires 8,634 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Headlands Technologies LLC lifted its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 3,320.8% in the fourth quarter, HoldingsChannel reports. The fund owned 8,894 shares of the bank’s stock after buying an additional 8,634 shares during the period. Headlands Technologies LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $152,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Callan Family Office LLC bought a new stake in shares of Deutsche Bank Aktiengesellschaft in the 4th quarter worth approximately $1,320,000. Wellington Management Group LLP increased its position 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 during the period. Plato Investment Management Ltd raised its holdings in Deutsche Bank Aktiengesellschaft by 53.7% in the 4th quarter. Plato Investment Management Ltd now owns 383,517 shares of the bank’s stock worth $6,632,000 after purchasing an additional 133,960 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of 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 purchasing an additional 88,606 shares during the period. Finally, Ritholtz Wealth Management boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 10.9% during the 4th quarter. Ritholtz Wealth Management now owns 162,545 shares of the bank’s stock valued at $2,771,000 after purchasing an additional 15,917 shares in the last quarter. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Trading Down 10.7 %

Deutsche Bank Aktiengesellschaft stock opened at $20.44 on Friday. Deutsche Bank Aktiengesellschaft has a 12 month low of $13.70 and a 12 month high of $25.33. 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 business’s fifty day simple moving average is $21.90 and its two-hundred day simple moving average is $18.96. The company has a market capitalization of $40.71 billion, a price-to-earnings ratio of 14.70 and a beta of 1.03.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings data 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 net margin of 4.66% and a return on equity of 3.90%. As a group, equities analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share 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. Investors of record on Monday, May 26th will be given a $0.5122 dividend. The ex-dividend date is Friday, May 23rd. This is a boost 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 is 15.18%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Barclays reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. The Goldman Sachs Group raised Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Thursday, January 30th. StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Wednesday, February 5th. 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 equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Deutsche Bank Aktiengesellschaft has an average rating of “Buy”.

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.