Arrowstreet Capital Limited Partnership reduced its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 7.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,834,547 shares of the bank's stock after selling 2,939,434 shares during the quarter. Arrowstreet Capital Limited Partnership owned approximately 1.90% of Deutsche Bank Aktiengesellschaft worth $650,126,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in the business. Versant Capital Management Inc purchased 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 3rd quarter valued at approximately $43,000. Jones Financial Companies Lllp increased its stake in 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 purchasing an additional 3,748 shares during the last quarter. Activest Wealth Management bought a new position in shares of Deutsche Bank Aktiengesellschaft in the 4th quarter worth about $86,000. Finally, Smartleaf Asset Management LLC boosted 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 acquiring an additional 4,992 shares during the period. 27.90% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on the stock. Royal Bank of Canada reissued an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, March 24th. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a report on Wednesday, February 5th. Morgan Stanley reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, March 7th. The Goldman Sachs Group upgraded Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a research note on Thursday, January 30th. Finally, Barclays reissued an "overweight" 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 assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy".
View Our Latest Stock Report on Deutsche Bank Aktiengesellschaft
Deutsche Bank Aktiengesellschaft Price Performance
NYSE DB traded down $1.18 during trading on Thursday, reaching $23.16. 1,672,135 shares of the company traded hands, compared to its average volume of 2,223,745. The stock's 50 day moving average price is $21.83 and its two-hundred day moving average price is $18.89. Deutsche Bank Aktiengesellschaft has a 1-year low of $13.70 and a 1-year high of $25.33. The company has a market cap of $46.14 billion, a price-to-earnings ratio of 16.66 and a beta of 1.23. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.78 and a current ratio of 0.74.
Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The bank reported $0.16 earnings per share (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, analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.
Deutsche Bank Aktiengesellschaft Increases Dividend
The company 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 $0.5122 dividend. This represents a yield of 1.7%. This is a positive change from Deutsche Bank Aktiengesellschaft's previous annual dividend of $0.33. The ex-dividend date is Friday, May 23rd. Deutsche Bank Aktiengesellschaft's dividend payout ratio (DPR) is presently 15.18%.
About Deutsche Bank Aktiengesellschaft
(
Free Report)
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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