Franklin Resources Inc. Raises Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Franklin Resources Inc. raised its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 199.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,931,689 shares of the bank's stock after buying an additional 8,617,662 shares during the period. Franklin Resources Inc. owned approximately 0.65% of Deutsche Bank Aktiengesellschaft worth $222,715,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of DB. Norges Bank acquired a new position in Deutsche Bank Aktiengesellschaft during the 4th quarter worth approximately $773,016,000. Amundi grew its stake in shares of Deutsche Bank Aktiengesellschaft by 23.6% during the fourth quarter. Amundi now owns 39,176,325 shares of the bank's stock worth $678,926,000 after purchasing an additional 7,484,594 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Deutsche Bank Aktiengesellschaft by 2.9% in the fourth quarter. Bank of New York Mellon Corp now owns 3,132,515 shares of the bank's stock valued at $53,409,000 after buying an additional 88,606 shares during the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH lifted its holdings in Deutsche Bank Aktiengesellschaft by 2.1% during the 4th quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 2,286,316 shares of the bank's stock worth $39,492,000 after buying an additional 46,192 shares during the last quarter. Finally, Wellington Management Group LLP lifted its holdings in Deutsche Bank Aktiengesellschaft by 332.0% during the 3rd quarter. Wellington Management Group LLP now owns 2,194,855 shares of the bank's stock worth $37,964,000 after buying an additional 1,686,776 shares during the last quarter. Hedge funds and other institutional investors own 27.90% of the company's stock.

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Deutsche Bank Aktiengesellschaft Stock Performance

DB stock traded down $2.45 on Friday, hitting $20.44. The company's 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. The stock has a market cap of $40.71 billion, a price-to-earnings ratio of 14.70 and a beta of 1.03. Deutsche Bank Aktiengesellschaft has a 1 year low of $13.70 and a 1 year high of $25.33. The firm has a 50 day moving average of $21.90 and a two-hundred day moving average of $18.96.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The bank reported $0.16 earnings per share (EPS) 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%. Equities analysts predict 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. Stockholders of record on Monday, May 26th will be paid a dividend of $0.5122 per share. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, May 23rd. This is a boost from Deutsche Bank Aktiengesellschaft's previous annual dividend of $0.33. Deutsche Bank Aktiengesellschaft's dividend payout ratio is 15.18%.

Wall Street Analyst Weigh In

DB has been the topic of a number of recent analyst reports. Morgan Stanley reiterated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, March 7th. Royal Bank of Canada reissued an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, March 24th. Citigroup restated a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research report on Wednesday, February 5th. Finally, Barclays reaffirmed an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company currently 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.