Capital Group Private Client Services Inc. Purchases 32,144 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Capital Group Private Client Services Inc. lifted its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 2.3% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,412,150 shares of the bank's stock after acquiring an additional 32,144 shares during the period. Capital Group Private Client Services Inc. owned approximately 0.07% of Deutsche Bank Aktiengesellschaft worth $24,340,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Stifel Financial Corp lifted its stake in Deutsche Bank Aktiengesellschaft by 5.3% in the 3rd quarter. Stifel Financial Corp now owns 56,421 shares of the bank's stock valued at $977,000 after buying an additional 2,834 shares in the last quarter. M&T Bank Corp increased its position in shares of Deutsche Bank Aktiengesellschaft by 18.6% during the third quarter. M&T Bank Corp now owns 14,321 shares of the bank's stock worth $248,000 after acquiring an additional 2,241 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at approximately $43,000. Versant Capital Management Inc purchased a new stake in Deutsche Bank Aktiengesellschaft during the 4th quarter worth about $26,000. Finally, Aprio Wealth Management LLC increased its stake in Deutsche Bank Aktiengesellschaft by 28.1% in the fourth quarter. Aprio Wealth Management LLC now owns 19,138 shares of the bank's stock valued at $326,000 after purchasing an additional 4,197 shares during the last quarter. Institutional investors and hedge funds own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Price Performance

NYSE DB traded up $1.06 on Tuesday, reaching $24.33. 3,057,242 shares of the stock traded hands, compared to its average volume of 2,304,715. The firm's fifty day simple moving average is $22.57 and its 200 day simple moving average is $19.42. The company has a market cap of $48.47 billion, a price-to-earnings ratio of 17.50 and a beta of 1.03. Deutsche Bank Aktiengesellschaft has a 12 month low of $13.70 and a 12 month high of $25.33. The company has a quick ratio of 0.78, a current ratio of 0.74 and a debt-to-equity ratio of 1.45.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last issued its quarterly 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%. As a group, research analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Monday, May 26th will be issued a $0.5122 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a 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 15.18%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Barclays reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Morgan Stanley reaffirmed an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. Royal Bank of Canada reaffirmed an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, March 24th. Citigroup reiterated a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Finally, StockNews.com raised Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research report on Wednesday, February 5th. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Deutsche Bank Aktiengesellschaft has a consensus 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.