QRG Capital Management Inc. Reduces Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

QRG Capital Management Inc. trimmed its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 5.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 348,566 shares of the bank's stock after selling 18,189 shares during the quarter. QRG Capital Management Inc.'s holdings in Deutsche Bank Aktiengesellschaft were worth $5,943,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Versant Capital Management Inc purchased a new stake in Deutsche Bank Aktiengesellschaft in the 4th quarter valued at $26,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at $43,000. Activest Wealth Management acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the 4th quarter valued at $86,000. Lake Street Advisors Group LLC acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the 4th quarter valued at $172,000. Finally, Bleakley Financial Group LLC lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 9.3% in the 4th quarter. Bleakley Financial Group LLC now owns 11,607 shares of the bank's stock valued at $198,000 after purchasing an additional 990 shares during the last quarter. 27.90% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Deutsche Bank Aktiengesellschaft Stock Up 0.4 %

NYSE DB traded up $0.09 during trading hours on Monday, hitting $21.58. 4,054,774 shares of the company were exchanged, compared to its average volume of 2,579,779. The company has a 50 day moving average of $19.13 and a two-hundred day moving average of $17.69. The company has a quick ratio of 0.78, a current ratio of 0.74 and a debt-to-equity ratio of 1.45. Deutsche Bank Aktiengesellschaft has a 52-week low of $13.57 and a 52-week high of $22.14. The firm has a market cap of $42.99 billion, a price-to-earnings ratio of 15.53 and a beta of 1.22.

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 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%. Equities research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current 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 $0.5122 dividend. The ex-dividend date is Friday, May 23rd. This represents a dividend yield of 1.7%. This is an increase from Deutsche Bank Aktiengesellschaft's previous annual dividend of $0.33. Deutsche Bank Aktiengesellschaft's dividend 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.