Allianz SE Buys New Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Allianz SE bought a new position in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 35,000 shares of the bank's stock, valued at approximately $605,000.

Several other hedge funds and other institutional investors also recently modified their holdings of DB. Norges Bank purchased a new stake in Deutsche Bank Aktiengesellschaft during the 4th quarter worth about $773,016,000. Amundi lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 23.6% in the fourth quarter. Amundi now owns 39,176,325 shares of the bank's stock worth $678,926,000 after buying an additional 7,484,594 shares in the last quarter. Wellington Management Group LLP boosted its position in shares of Deutsche Bank Aktiengesellschaft by 332.0% in the third quarter. Wellington Management Group LLP now owns 2,194,855 shares of the bank's stock valued at $37,964,000 after acquiring an additional 1,686,776 shares during the period. Public Employees Retirement System of Ohio purchased a new position in Deutsche Bank Aktiengesellschaft during the third quarter valued at approximately $28,515,000. Finally, Korea Investment CORP increased its holdings in Deutsche Bank Aktiengesellschaft by 101.9% during the 4th quarter. Korea Investment CORP now owns 1,647,146 shares of the bank's stock worth $28,382,000 after acquiring an additional 831,251 shares during the period. Institutional investors own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Price Performance

DB stock traded down $2.45 during mid-day trading on Friday, hitting $20.44. 7,213,160 shares of the stock were exchanged, compared to its average volume of 2,244,562. The business has a fifty day moving average price of $21.90 and a 200 day moving average price of $18.94. Deutsche Bank Aktiengesellschaft has a 12 month low of $13.70 and a 12 month high of $25.33. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.74 and a quick ratio of 0.78. The stock has a market capitalization of $40.71 billion, a price-to-earnings ratio of 14.70 and a beta of 1.23.

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Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released its 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, sell-side analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 26th will be issued a dividend of $0.5122 per share. The ex-dividend date is Friday, May 23rd. This represents a dividend yield of 1.7%. This is a positive change from Deutsche Bank Aktiengesellschaft's previous annual dividend of $0.33. Deutsche Bank Aktiengesellschaft's dividend payout ratio (DPR) is currently 15.18%.

Wall Street Analyst Weigh In

DB has been the subject of several analyst reports. Morgan Stanley reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, March 7th. The Goldman Sachs Group upgraded 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 report on Monday, February 3rd. Royal Bank of Canada reissued an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, March 24th. Finally, Citigroup reaffirmed a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus 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.