Jupiter Asset Management Ltd. Sells 1,510,733 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Jupiter Asset Management Ltd. trimmed its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 52.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,394,199 shares of the bank's stock after selling 1,510,733 shares during the quarter. Jupiter Asset Management Ltd. owned about 0.07% of Deutsche Bank Aktiengesellschaft worth $24,023,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of DB. Versant Capital Management Inc bought a new stake in Deutsche Bank Aktiengesellschaft in the 4th quarter worth about $26,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Deutsche Bank Aktiengesellschaft in the third quarter worth approximately $43,000. Jones Financial Companies Lllp raised its holdings 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 purchasing an additional 3,748 shares during the last quarter. Activest Wealth Management bought a new position in Deutsche Bank Aktiengesellschaft during the fourth quarter valued at approximately $86,000. Finally, Smartleaf Asset Management LLC boosted its holdings 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 last quarter. 27.90% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research note on Wednesday, February 5th. Barclays reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Morgan Stanley restated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a research note on Thursday, January 30th. Finally, Citigroup reissued a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy".

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Deutsche Bank Aktiengesellschaft Stock Performance

Deutsche Bank Aktiengesellschaft stock traded down $0.43 during trading on Thursday, reaching $22.97. The company had a trading volume of 3,146,691 shares, compared to its average volume of 3,298,681. The firm has a market capitalization of $45.75 billion, a price-to-earnings ratio of 16.52 and a beta of 1.23. 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's 50-day simple moving average is $19.98 and its 200 day simple moving average is $18.04. Deutsche Bank Aktiengesellschaft has a 52 week low of $13.70 and a 52 week high of $24.44.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last announced its quarterly earnings data 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 net margin of 4.66% and a return on equity of 3.90%. Sell-side analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

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

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.