Marshall Wace LLP Acquires 2,369,480 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Marshall Wace LLP raised its position in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 18.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,034,039 shares of the bank's stock after buying an additional 2,369,480 shares during the period. Marshall Wace LLP owned approximately 0.75% of Deutsche Bank Aktiengesellschaft worth $258,903,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. XTX Topco Ltd lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 318.4% during the 4th quarter. XTX Topco Ltd now owns 60,719 shares of the bank's stock worth $1,035,000 after acquiring an additional 46,206 shares during the period. Mariner LLC lifted its position in shares of Deutsche Bank Aktiengesellschaft by 5.4% in the fourth quarter. Mariner LLC now owns 157,281 shares of the bank's stock valued at $2,682,000 after buying an additional 8,059 shares during the last quarter. Townsquare Capital LLC boosted its stake in Deutsche Bank Aktiengesellschaft by 8.0% in the 4th quarter. Townsquare Capital LLC now owns 17,033 shares of the bank's stock valued at $290,000 after purchasing an additional 1,265 shares during the period. Capital Fund Management S.A. raised its stake in Deutsche Bank Aktiengesellschaft by 12.4% in the fourth quarter. Capital Fund Management S.A. now owns 123,219 shares of the bank's stock valued at $2,101,000 after purchasing an additional 13,633 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Deutsche Bank Aktiengesellschaft during the fourth quarter worth about $6,464,000. Institutional investors and hedge funds own 27.90% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on DB. Royal Bank of Canada reiterated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, March 24th. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a report on Thursday, January 30th. Barclays restated an "overweight" 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 report on Wednesday, February 5th. Finally, Morgan Stanley reiterated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Buy".

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of Deutsche Bank Aktiengesellschaft stock traded down $0.31 during trading hours on Monday, hitting $23.16. 903,239 shares of the company were exchanged, compared to its average volume of 2,297,443. The business has a 50-day moving average of $22.51 and a 200-day moving average of $19.38. Deutsche Bank Aktiengesellschaft has a 1 year low of $13.70 and a 1 year high of $25.33. 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 capitalization of $46.14 billion, a price-to-earnings ratio of 16.66 and a beta of 1.03.

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

Deutsche Bank Aktiengesellschaft Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 26th will be issued 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 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.