Norges Bank Makes New Investment in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Norges Bank purchased a new stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 44,884,165 shares of the bank's stock, valued at approximately $773,016,000. Norges Bank owned 2.25% of Deutsche Bank Aktiengesellschaft as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Amundi boosted its holdings in Deutsche Bank Aktiengesellschaft by 23.6% in the 4th quarter. Amundi now owns 39,176,325 shares of the bank's stock worth $678,926,000 after buying an additional 7,484,594 shares during the last quarter. Wellington Management Group LLP increased its position in Deutsche Bank Aktiengesellschaft by 332.0% during the third quarter. Wellington Management Group LLP now owns 2,194,855 shares of the bank's stock worth $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 shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter valued at approximately $28,515,000. Korea Investment CORP raised its position in Deutsche Bank Aktiengesellschaft by 101.9% in the fourth quarter. Korea Investment CORP now owns 1,647,146 shares of the bank's stock valued at $28,382,000 after purchasing an additional 831,251 shares during the period. Finally, 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 valued at $44,042,000 after buying an additional 483,788 shares during the last quarter. Institutional investors and hedge funds own 27.90% of the company's stock.

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Deutsche Bank Aktiengesellschaft Stock Down 0.5 %

DB stock traded down $0.12 during midday trading on Monday, reaching $23.84. 2,423,701 shares of the company were exchanged, compared to its average volume of 3,319,951. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.78 and a current ratio of 0.74. The stock's 50-day simple moving average is $21.55 and its 200 day simple moving average is $18.74. The company has a market cap of $47.50 billion, a price-to-earnings ratio of 17.15 and a beta of 1.23. Deutsche Bank Aktiengesellschaft has a 1-year low of $13.70 and a 1-year high of $25.33.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last posted its earnings results on Thursday, January 30th. The bank reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a net margin of 4.66% and a return on equity of 3.90%. On average, equities analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The firm also recently announced 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 an increase 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 dividend payout ratio is 15.18%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. The Goldman Sachs Group raised Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a research note on Thursday, January 30th. Royal Bank of Canada reaffirmed an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, March 24th. Citigroup reissued a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Morgan Stanley reiterated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. Finally, StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research note on Wednesday, February 5th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Buy".

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.