Envestnet Asset Management Inc. Purchases 30,859 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Envestnet Asset Management Inc. raised its position in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 13.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 260,644 shares of the bank's stock after acquiring an additional 30,859 shares during the period. Envestnet Asset Management Inc.'s holdings in Deutsche Bank Aktiengesellschaft were worth $4,444,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of DB. Venturi Wealth Management LLC boosted its position in Deutsche Bank Aktiengesellschaft by 1.6% in the 4th quarter. Venturi Wealth Management LLC now owns 32,990 shares of the bank's stock valued at $562,000 after buying an additional 513 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 3.9% in the fourth quarter. Sequoia Financial Advisors LLC now owns 14,189 shares of the bank's stock valued at $242,000 after buying an additional 537 shares during the period. Truist Financial Corp lifted its stake in Deutsche Bank Aktiengesellschaft by 4.8% in the 4th quarter. Truist Financial Corp now owns 13,801 shares of the bank's stock valued at $235,000 after acquiring an additional 636 shares in the last quarter. Pitcairn Co. boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 5.7% during the 4th quarter. Pitcairn Co. now owns 13,742 shares of the bank's stock worth $234,000 after buying an additional 740 shares during the last quarter. Finally, Bleakley Financial Group LLC increased its holdings in Deutsche Bank Aktiengesellschaft by 9.3% during the fourth quarter. Bleakley Financial Group LLC now owns 11,607 shares of the bank's stock worth $198,000 after buying an additional 990 shares during the last quarter. Institutional investors own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Stock Down 0.1 %

DB stock traded down $0.04 during trading on Monday, reaching $25.66. 2,184,623 shares of the stock were exchanged, compared to its average volume of 2,281,823. 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 $25.83. The firm's 50 day moving average is $22.95 and its 200 day moving average is $19.63. The firm has a market cap of $51.11 billion, a P/E ratio of 18.46 and a beta of 1.03.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last posted its 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%. As a group, research analysts forecast 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 an increase from Deutsche Bank Aktiengesellschaft's previous annual dividend of $0.33. The ex-dividend date of this dividend is Friday, May 23rd. Deutsche Bank Aktiengesellschaft's dividend payout ratio is presently 15.18%.

Wall Street Analysts Forecast Growth

DB has been the topic of a number of research reports. Citigroup reiterated a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. StockNews.com raised Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research note on Wednesday, February 5th. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a report on Thursday, January 30th. Morgan Stanley reiterated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, March 7th. Finally, Barclays reaffirmed an "overweight" 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 issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy".

Deutsche Bank Aktiengesellschaft Company 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.