Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Sold by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership reduced its stake in shares of 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 firm owned 37,834,547 shares of the bank's stock after selling 2,939,434 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 1.90% of Deutsche Bank Aktiengesellschaft worth $650,126,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Versant Capital Management Inc acquired a new stake in Deutsche Bank Aktiengesellschaft during the 4th quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB acquired a new position in Deutsche Bank Aktiengesellschaft during the third quarter valued at $43,000. Jones Financial Companies Lllp grew its position in 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 period. Activest Wealth Management purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the 4th quarter valued at about $86,000. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 218.4% in the 4th 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. Hedge funds and other institutional investors own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Price Performance

DB traded down $0.10 during trading on Monday, hitting $23.86. The company's stock had a trading volume of 2,968,812 shares, compared to its average volume of 2,234,003. 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 firm has a market capitalization of $47.53 billion, a price-to-earnings ratio of 17.16 and a beta of 1.23. The business's fifty day simple moving average is $21.64 and its 200 day simple moving average is $18.80. Deutsche Bank Aktiengesellschaft has a twelve month low of $13.70 and a twelve month high of $25.33.

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Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last issued its quarterly earnings results 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 return on equity of 3.90% and a net margin of 4.66%. On average, equities research analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The business also recently declared an annual dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 26th will be given a dividend of $0.5122 per share. This represents a dividend yield of 1.7%. The ex-dividend date is Friday, May 23rd. This is an increase from Deutsche Bank Aktiengesellschaft's previous annual dividend of $0.33. Deutsche Bank Aktiengesellschaft's dividend payout ratio is 15.18%.

Analyst Ratings Changes

Several analysts recently commented on the company. The Goldman Sachs Group raised Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a report on Thursday, January 30th. Royal Bank of Canada reaffirmed an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, March 24th. Barclays reiterated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Morgan Stanley restated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, March 7th. Finally, Citigroup reiterated a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. 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 company's stock. Based on data from MarketBeat, Deutsche Bank Aktiengesellschaft currently 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.