Envestnet Asset Management Inc. Has $4.44 Million Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Envestnet Asset Management Inc. lifted its position in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 13.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 260,644 shares of the bank's stock after purchasing an additional 30,859 shares during the quarter. Envestnet Asset Management Inc.'s holdings in Deutsche Bank Aktiengesellschaft were worth $4,444,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Versant Capital Management Inc acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the fourth quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB bought a new position in Deutsche Bank Aktiengesellschaft in the 3rd quarter worth approximately $43,000. Jones Financial Companies Lllp raised its position in 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 worth $69,000 after purchasing an additional 3,748 shares during the last quarter. Activest Wealth Management bought a new position in Deutsche Bank Aktiengesellschaft in the 4th quarter worth approximately $86,000. Finally, Smartleaf Asset Management LLC raised its position in Deutsche Bank Aktiengesellschaft by 218.4% in the 4th 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 during the last quarter. Institutional investors own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Trading Up 4.1 %

Shares of DB traded up $1.05 during trading hours on Tuesday, reaching $26.79. The stock had a trading volume of 5,349,279 shares, compared to its average volume of 2,281,237. 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 52 week low of $13.70 and a 52 week high of $26.96. The firm has a 50-day moving average of $23.18 and a 200 day moving average of $19.74. The company has a market cap of $53.37 billion, a P/E ratio of 19.27 and a beta of 1.03.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The bank reported $1.04 EPS for the quarter. Deutsche Bank Aktiengesellschaft had a net margin of 4.66% and a return on equity of 3.90%. On average, sell-side analysts expect 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 disclosed an annual dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 26th will be given a $0.5122 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a dividend yield of 1.7%. This is a boost from Deutsche Bank Aktiengesellschaft's previous annual dividend of $0.33. Deutsche Bank Aktiengesellschaft's dividend payout ratio is currently 15.18%.

Analyst Upgrades and Downgrades

DB has been the subject of several research analyst reports. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a research report on Thursday, January 30th. Barclays restated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Royal Bank of Canada restated 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 report 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 analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Deutsche Bank Aktiengesellschaft currently has an average rating of "Buy".

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.