Mutual of America Capital Management LLC Buys 42,779 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Mutual of America Capital Management LLC grew its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 5.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 816,855 shares of the bank's stock after purchasing an additional 42,779 shares during the period. Mutual of America Capital Management LLC's holdings in Deutsche Bank Aktiengesellschaft were worth $14,089,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of DB. Raymond James & Associates grew its position in Deutsche Bank Aktiengesellschaft by 30.4% in the 3rd quarter. Raymond James & Associates now owns 336,986 shares of the bank's stock worth $5,833,000 after purchasing an additional 78,517 shares during the last quarter. US Bancorp DE grew its position in Deutsche Bank Aktiengesellschaft by 3.5% in the 3rd quarter. US Bancorp DE now owns 46,587 shares of the bank's stock worth $806,000 after purchasing an additional 1,590 shares during the last quarter. QRG Capital Management Inc. grew its position in Deutsche Bank Aktiengesellschaft by 8.0% in the 3rd quarter. QRG Capital Management Inc. now owns 366,755 shares of the bank's stock worth $6,349,000 after purchasing an additional 27,144 shares during the last quarter. M&G PLC acquired a new stake in Deutsche Bank Aktiengesellschaft in the 3rd quarter worth $10,354,000. Finally, Fiera Capital Corp grew its position in Deutsche Bank Aktiengesellschaft by 124.3% in the 3rd quarter. Fiera Capital Corp now owns 127,101 shares of the bank's stock worth $2,200,000 after purchasing an additional 70,425 shares during the last quarter. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have issued reports on DB. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a research report on Thursday, January 30th. Barclays reiterated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research report on Wednesday, February 5th. Citigroup reiterated a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Finally, Morgan Stanley reiterated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Price Performance

Shares of Deutsche Bank Aktiengesellschaft stock traded up $0.09 during trading on Monday, hitting $21.58. 4,054,774 shares of the company's stock traded hands, compared to its average volume of 2,579,779. The company has a market cap of $42.99 billion, a PE ratio of 15.53 and a beta of 1.22. Deutsche Bank Aktiengesellschaft has a twelve month low of $13.57 and a twelve month high of $22.14. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.74 and a quick ratio of 0.78. The firm's fifty day moving average price is $19.13 and its 200 day moving average price is $17.69.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The bank reported $0.16 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%. Analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

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