Capital World Investors Acquires 51,972 Shares of Deutsche Bank Aktiengesellschaft $DB

Key Points

• Capital World Investors added 51,972 shares (a 1.2% increase) and now owns 4,442,141 shares of Deutsche Bank (0.22%) valued at $156.2M; several other institutions also moved into or expanded positions, notably Norges Bank (new ~$719M stake) and Banco Santander (up 4,258.7% to 3,884,422 shares).
• Earnings beat and dividend hike: Deutsche Bank reported $0.88 EPS vs. $0.72 expected and $8.99B revenue vs. $7.71B expected, and raised its annual dividend to $1.00 from $0.51 (record June 1, pay June 2).
• DB stock trades around $31.50 with a market cap of $62.8B and a P/E of 9.18 (12‑month range $18.89–$40.43); analyst coverage is mixed with a MarketBeat consensus of “Hold.”

Capital World Investors increased its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 1.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,442,141 shares of the bank's stock after purchasing an additional 51,972 shares during the quarter. Capital World Investors owned 0.22% of Deutsche Bank Aktiengesellschaft worth $156,201,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of DB. Norges Bank purchased a new position in Deutsche Bank Aktiengesellschaft in the 2nd quarter worth about $719,395,000. Fisher Asset Management LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 35.0% during the 2nd quarter. Fisher Asset Management LLC now owns 25,471,401 shares of the bank's stock valued at $745,803,000 after acquiring an additional 6,605,750 shares during the last quarter. Amundi boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 15.3% during the 2nd quarter. Amundi now owns 40,664,519 shares of the bank's stock valued at $1,182,931,000 after acquiring an additional 5,403,011 shares during the last quarter. Liontrust Investment Partners LLP bought a new stake in shares of Deutsche Bank Aktiengesellschaft in the second quarter worth approximately $147,318,000. Finally, Banco Santander S.A. raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 4,258.7% during the third quarter. Banco Santander S.A. now owns 3,884,422 shares of the bank's stock valued at $137,547,000 after purchasing an additional 3,795,304 shares during the last quarter. 27.90% of the stock is owned by hedge funds and other institutional investors.

Deutsche Bank Aktiengesellschaft Stock Down 0.9%

Shares of DB stock opened at $31.50 on Thursday. The company has a current ratio of 0.76, a quick ratio of 0.78 and a debt-to-equity ratio of 1.43. Deutsche Bank Aktiengesellschaft has a 12 month low of $18.89 and a 12 month high of $40.43. The stock has a market cap of $62.76 billion, a P/E ratio of 9.18, a P/E/G ratio of 0.42 and a beta of 0.94. The company has a 50 day simple moving average of $37.06 and a two-hundred day simple moving average of $36.41.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last issued its quarterly earnings results on Thursday, January 29th. The bank reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.16. The business had revenue of $8.99 billion for the quarter, compared to analysts' expectations of $7.71 billion. Deutsche Bank Aktiengesellschaft had a net margin of 10.02% and a return on equity of 7.49%. On average, research analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The business also recently declared an annual dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Monday, June 1st will be issued a dividend of $1.00 per share. This is a boost from Deutsche Bank Aktiengesellschaft's previous annual dividend of $0.51. This represents a yield of 251.0%. The ex-dividend date of this dividend is Monday, June 1st. Deutsche Bank Aktiengesellschaft's dividend payout ratio is presently 6.15%.

Analyst Ratings Changes

DB has been the topic of a number of research analyst reports. Morgan Stanley restated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, January 8th. Wall Street Zen upgraded shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research note on Saturday, December 20th. Zacks Research downgraded Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, December 30th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Wednesday, January 21st. Finally, Citigroup reiterated a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold".

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank's core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.

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