Capital Fund Management S.A. grew its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB – Free Report) by 12.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 123,219 shares of the bank’s stock after acquiring an additional 13,633 shares during the quarter. Capital Fund Management S.A.’s holdings in Deutsche Bank Aktiengesellschaft were worth $2,101,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also modified their holdings of the company. Versant Capital Management Inc purchased a new position in Deutsche Bank Aktiengesellschaft in the fourth quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter valued at $43,000. Jones Financial Companies Lllp boosted its position in Deutsche Bank Aktiengesellschaft by 1,270.5% during the 4th quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank’s stock worth $69,000 after purchasing an additional 3,748 shares during the period. Activest Wealth Management acquired a new stake in Deutsche Bank Aktiengesellschaft in the 4th quarter valued at $86,000. Finally, Smartleaf Asset Management LLC lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 218.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 7,278 shares of the bank’s stock worth $125,000 after purchasing an additional 4,992 shares in the last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on the company. Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. The Goldman Sachs Group upgraded shares of 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 report on Monday, March 24th. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Wednesday, February 5th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research report 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. According to data from MarketBeat, Deutsche Bank Aktiengesellschaft currently has an average rating of “Buy”.
Deutsche Bank Aktiengesellschaft Stock Up 3.1 %
DB stock opened at $23.12 on Tuesday. The company has a market capitalization of $46.06 billion, a P/E ratio of 16.63 and a beta of 1.03. The firm has a 50 day simple moving average of $22.18 and a 200-day simple moving average of $19.20. The company has a current ratio of 0.74, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. Deutsche Bank Aktiengesellschaft has a twelve month low of $13.70 and a twelve month high of $25.33.
Deutsche Bank Aktiengesellschaft (NYSE:DB – Get Free Report) last announced its quarterly earnings data 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 return on equity of 3.90% and a net margin of 4.66%. On average, equities research analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.
Deutsche Bank Aktiengesellschaft Increases Dividend
The company also recently announced an annual dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Monday, May 26th will be issued a dividend of $0.5122 per share. This represents a yield of 1.7%. The ex-dividend date of this dividend is Friday, May 23rd. This is an increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. Deutsche Bank Aktiengesellschaft’s dividend payout ratio (DPR) is currently 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.
Further Reading
- Five stocks we like better than Deutsche Bank Aktiengesellschaft
- What Does Downgrade Mean in Investing?
- Why NVIDIA Stock Could Soar Despite Wall Street Downgrades
- What is a penny stock? A comprehensive guide
- Top 3 Large Cap Stocks Insiders Bought in Q1: Buy, Sell, or Hold
- About the Markup Calculator
- 3 Hot New IPOs Defying the 2025 Market Slump
Want to see what other hedge funds are holding DB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Deutsche Bank Aktiengesellschaft (NYSE:DB – Free Report).
Receive News & Ratings for Deutsche Bank Aktiengesellschaft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Bank Aktiengesellschaft and related companies with MarketBeat.com's FREE daily email newsletter.