O Shaughnessy Asset Management LLC Purchases 40,847 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

O Shaughnessy Asset Management LLC grew its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 8.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 527,915 shares of the bank's stock after acquiring an additional 40,847 shares during the period. O Shaughnessy Asset Management LLC's holdings in Deutsche Bank Aktiengesellschaft were worth $9,004,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Versant Capital Management Inc bought a new position in Deutsche Bank Aktiengesellschaft in the 4th quarter worth approximately $26,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at $43,000. Jones Financial Companies Lllp lifted its stake in shares of 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 acquiring an additional 3,748 shares during the period. Activest Wealth Management bought a new position in Deutsche Bank Aktiengesellschaft in the fourth quarter valued at about $86,000. Finally, Smartleaf Asset Management LLC increased its position 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 worth $125,000 after purchasing an additional 4,992 shares during the period. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Trading Down 10.7 %

Shares of DB stock traded down $2.45 on Friday, hitting $20.44. The stock had a trading volume of 7,213,160 shares, compared to its average volume of 2,243,701. The company has a current ratio of 0.74, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. Deutsche Bank Aktiengesellschaft has a twelve month low of $13.70 and a twelve month high of $25.33. The company has a fifty day moving average price of $21.90 and a two-hundred day moving average price of $18.96. The firm has a market cap of $40.71 billion, a P/E ratio of 14.70 and a beta of 1.03.

Remove Ads

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last announced its quarterly earnings results 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 return on equity of 3.90% and a net margin of 4.66%. As a group, analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share 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. Shareholders of record on Monday, May 26th will be paid 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 payout ratio is presently 15.18%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Morgan Stanley reaffirmed an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. The Goldman Sachs Group raised Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a research note on Thursday, January 30th. Barclays reaffirmed an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a report on Wednesday, February 5th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, March 24th. One analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company 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.