Mitsubishi UFJ Trust & Banking Corp Increases Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Mitsubishi UFJ Trust & Banking Corp grew its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 4.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,998,276 shares of the bank's stock after acquiring an additional 78,841 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned about 0.10% of Deutsche Bank Aktiengesellschaft worth $34,601,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Amundi raised its position in Deutsche Bank Aktiengesellschaft by 23.6% during the fourth quarter. Amundi now owns 39,176,325 shares of the bank's stock valued at $678,926,000 after purchasing an additional 7,484,594 shares during the period. Wellington Management Group LLP increased its position in shares of 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 valued at $37,964,000 after purchasing an additional 1,686,776 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in Deutsche Bank Aktiengesellschaft during the 3rd quarter valued at $28,515,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Deutsche Bank Aktiengesellschaft by 23.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,546,283 shares of the bank's stock worth $44,042,000 after buying an additional 483,788 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in Deutsche Bank Aktiengesellschaft during the fourth quarter worth $6,464,000. 27.90% of the stock is owned by hedge funds and other institutional investors.

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Analyst Ratings Changes

DB has been the subject of several analyst reports. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a report on Wednesday, February 5th. Morgan Stanley restated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, March 7th. The Goldman Sachs Group upgraded Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a report on Thursday, January 30th. Royal Bank of Canada restated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, March 24th. Finally, Citigroup reiterated a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. One 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. Based on data from MarketBeat.com, the company has an average rating of "Buy".

Deutsche Bank Aktiengesellschaft Trading Down 0.4 %

Shares of NYSE:DB traded down $0.10 during trading on Monday, reaching $23.86. 2,968,812 shares of the company were exchanged, compared to its average volume of 2,234,006. The business's fifty day simple moving average is $21.64 and its 200-day simple moving average is $18.80. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.74 and a quick ratio of 0.78. Deutsche Bank Aktiengesellschaft has a 12-month low of $13.70 and a 12-month high of $25.33. The firm has a market capitalization of $47.53 billion, a PE ratio of 17.16 and a beta of 1.23.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released its quarterly earnings data 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%. On average, research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The firm 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 is a positive change from Deutsche Bank Aktiengesellschaft's previous annual dividend of $0.33. The ex-dividend date is Friday, May 23rd. This represents a dividend yield of 1.7%. Deutsche Bank Aktiengesellschaft's payout ratio is presently 15.18%.

About Deutsche Bank Aktiengesellschaft

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.