Capital International Inc. CA Boosts Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Capital International Inc. CA grew its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 23.4% in the fourth quarter, HoldingsChannel reports. The fund owned 9,269,824 shares of the bank’s stock after buying an additional 1,755,675 shares during the period. Deutsche Bank Aktiengesellschaft accounts for 1.9% of Capital International Inc. CA’s portfolio, making the stock its 5th largest position. Capital International Inc. CA’s holdings in Deutsche Bank Aktiengesellschaft were worth $159,774,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Versant Capital Management Inc bought a new position in shares of Deutsche Bank Aktiengesellschaft in the fourth quarter worth $26,000. Wilmington Savings Fund Society FSB bought a new position in Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at about $43,000. Jones Financial Companies Lllp raised its position in shares of Deutsche Bank Aktiengesellschaft by 1,270.5% in the 4th quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank’s stock valued at $69,000 after buying an additional 3,748 shares in the last quarter. Activest Wealth Management bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the 4th quarter worth approximately $86,000. Finally, Smartleaf Asset Management LLC boosted its position in shares of Deutsche Bank Aktiengesellschaft by 218.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 7,278 shares of the bank’s stock worth $125,000 after acquiring an additional 4,992 shares in the last quarter. 27.90% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Deutsche Bank Aktiengesellschaft Stock Up 0.4 %

Shares of NYSE:DB opened at $23.45 on Friday. The business has a fifty day simple moving average of $22.51 and a 200 day simple moving average of $19.35. Deutsche Bank Aktiengesellschaft has a 12-month low of $13.70 and a 12-month high of $25.33. The firm has a market cap of $46.70 billion, a P/E ratio of 16.87 and a beta of 1.03. 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 (NYSE:DB) last released its quarterly earnings results 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%. Analysts predict 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. Investors of record on Monday, May 26th will be given a dividend of $0.5122 per share. This is a positive change 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 presently 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.