Vanguard Group Inc. Has $1.36 Billion Stock Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Vanguard Group Inc. lessened its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 0.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 79,034,502 shares of the bank’s stock after selling 209,986 shares during the period. Vanguard Group Inc. owned 3.97% of Deutsche Bank Aktiengesellschaft worth $1,363,898,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of DB. Callan Family Office LLC bought a new position in Deutsche Bank Aktiengesellschaft during the 4th quarter worth approximately $1,320,000. Wellington Management Group LLP raised its stake 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 buying an additional 1,686,776 shares during the last quarter. Cerity Partners LLC lifted its holdings in Deutsche Bank Aktiengesellschaft by 77.2% in the third quarter. Cerity Partners LLC now owns 98,381 shares of the bank’s stock valued at $1,703,000 after buying an additional 42,860 shares during the period. Plato Investment Management Ltd boosted its position in Deutsche Bank Aktiengesellschaft by 53.7% during the fourth quarter. Plato Investment Management Ltd now owns 383,517 shares of the bank’s stock valued at $6,632,000 after acquiring an additional 133,960 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Deutsche Bank Aktiengesellschaft by 2.9% in the 4th quarter. Bank of New York Mellon Corp now owns 3,132,515 shares of the bank’s stock worth $53,409,000 after acquiring an additional 88,606 shares in the last quarter. Institutional investors own 27.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on DB. StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Wednesday, February 5th. Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. Barclays reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Citigroup reaffirmed a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Finally, The Goldman Sachs Group raised shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research report on Thursday, January 30th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

Deutsche Bank Aktiengesellschaft Stock Performance

NYSE DB opened at $24.53 on Friday. The company has a market cap of $48.86 billion, a P/E ratio of 17.64 and a beta of 1.23. The company has a fifty day simple moving average of $21.45 and a 200 day simple moving average of $18.65. 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 12-month low of $13.70 and a 12-month high of $25.33.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings data on Thursday, January 30th. The bank reported $0.16 earnings per share (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%. Sell-side analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The business also recently announced 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. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, May 23rd. This is a positive change from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. Deutsche Bank Aktiengesellschaft’s dividend payout ratio (DPR) is currently 15.18%.

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.