DJE Kapital AG Takes Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

DJE Kapital AG bought a new stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 11,477 shares of the bank’s stock, valued at approximately $198,000.

Other hedge funds have also added to or reduced their stakes in the company. Wellington Management Group LLP raised its stake in shares of 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 raised its stake in shares of Deutsche Bank Aktiengesellschaft by 77.2% during the third quarter. Cerity Partners LLC now owns 98,381 shares of the bank’s stock worth $1,703,000 after buying an additional 42,860 shares during the last quarter. Ritholtz Wealth Management raised its stake in shares of Deutsche Bank Aktiengesellschaft by 10.9% during the fourth quarter. Ritholtz Wealth Management now owns 162,545 shares of the bank’s stock worth $2,771,000 after buying an additional 15,917 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in shares of Deutsche Bank Aktiengesellschaft by 31.7% during the fourth quarter. Assenagon Asset Management S.A. now owns 120,572 shares of the bank’s stock worth $2,078,000 after buying an additional 29,042 shares during the last quarter. Finally, Verition Fund Management LLC bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the third quarter worth approximately $735,000. Institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Up 0.4 %

Shares of DB stock opened at $21.58 on Tuesday. The firm has a fifty day moving average of $19.13 and a 200-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 12-month low of $13.57 and a 12-month high of $22.14. The company has a market capitalization of $42.99 billion, a price-to-earnings ratio of 15.53 and a beta of 1.22.

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 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%. As a group, 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 business also recently disclosed an annual dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 26th will be given 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 of this dividend is Friday, May 23rd. This represents a dividend yield of 1.7%. Deutsche Bank Aktiengesellschaft’s dividend payout ratio is currently 15.18%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Morgan Stanley 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. Barclays reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Wednesday, February 5th. Finally, The Goldman Sachs Group raised shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Deutsche Bank Aktiengesellschaft has a consensus rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft 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.