Deutsche Bank Aktiengesellschaft (NYSE:DB) Holdings Trimmed by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board reduced its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 10.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,078,724 shares of the bank's stock after selling 235,211 shares during the quarter. Canada Pension Plan Investment Board owned about 0.10% of Deutsche Bank Aktiengesellschaft worth $35,801,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in DB. Venturi Wealth Management LLC grew its position in shares of Deutsche Bank Aktiengesellschaft by 1.6% during the fourth quarter. Venturi Wealth Management LLC now owns 32,990 shares of the bank's stock worth $562,000 after acquiring an additional 513 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 3.9% during the fourth quarter. Sequoia Financial Advisors LLC now owns 14,189 shares of the bank's stock valued at $242,000 after buying an additional 537 shares during the last quarter. Truist Financial Corp boosted its position in shares of Deutsche Bank Aktiengesellschaft by 4.8% during the fourth quarter. Truist Financial Corp now owns 13,801 shares of the bank's stock worth $235,000 after buying an additional 636 shares during the period. Pitcairn Co. increased its position in Deutsche Bank Aktiengesellschaft by 5.7% in the 4th quarter. Pitcairn Co. now owns 13,742 shares of the bank's stock valued at $234,000 after acquiring an additional 740 shares during the period. Finally, Bleakley Financial Group LLC raised its stake in Deutsche Bank Aktiengesellschaft by 9.3% during the 4th quarter. Bleakley Financial Group LLC now owns 11,607 shares of the bank's stock valued at $198,000 after acquiring an additional 990 shares in the last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on DB shares. Morgan Stanley reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, March 7th. Royal Bank of Canada reissued an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, March 24th. Barclays reaffirmed an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Citigroup reiterated a "neutral" 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. One analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Deutsche Bank Aktiengesellschaft presently has a consensus rating of "Buy".

Deutsche Bank Aktiengesellschaft Price Performance

Shares of NYSE:DB traded up $0.26 during trading hours on Thursday, hitting $25.13. 1,420,045 shares of the company's stock traded hands, compared to its average volume of 3,671,915. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.78 and a current ratio of 0.74. The company's fifty day simple moving average is $22.75 and its two-hundred day simple moving average is $19.49. Deutsche Bank Aktiengesellschaft has a 52 week low of $13.70 and a 52 week high of $25.33. The company has a market cap of $50.05 billion, a price-to-earnings ratio of 18.08 and a beta of 1.03.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last announced 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%. As a group, equities analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 EPS 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. 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 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.