Deutsche Bank Aktiengesellschaft $DB Shares Bought by Artemis Investment Management LLP

Artemis Investment Management LLP increased its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 25.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,663,603 shares of the bank's stock after purchasing an additional 745,426 shares during the quarter. Deutsche Bank Aktiengesellschaft accounts for about 1.7% of Artemis Investment Management LLP's holdings, making the stock its 11th largest holding. Artemis Investment Management LLP's holdings in Deutsche Bank Aktiengesellschaft were worth $142,318,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of DB. TD Waterhouse Canada Inc. raised its position in Deutsche Bank Aktiengesellschaft by 43.2% during the third quarter. TD Waterhouse Canada Inc. now owns 131,626 shares of the bank's stock valued at $4,673,000 after purchasing an additional 39,717 shares in the last quarter. Mediolanum International Funds Ltd raised its position in Deutsche Bank Aktiengesellschaft by 50.8% during the third quarter. Mediolanum International Funds Ltd now owns 273,437 shares of the bank's stock valued at $9,632,000 after purchasing an additional 92,166 shares in the last quarter. Commerzbank Aktiengesellschaft FI raised its position in Deutsche Bank Aktiengesellschaft by 574.0% during the third quarter. Commerzbank Aktiengesellschaft FI now owns 3,125,577 shares of the bank's stock valued at $110,677,000 after purchasing an additional 2,661,833 shares in the last quarter. Generali Asset Management SPA SGR increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 51.9% during the third quarter. Generali Asset Management SPA SGR now owns 408,691 shares of the bank's stock worth $14,472,000 after buying an additional 139,630 shares in the last quarter. Finally, ASR Vermogensbeheer N.V. increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 25.9% during the third quarter. ASR Vermogensbeheer N.V. now owns 430,673 shares of the bank's stock worth $15,156,000 after buying an additional 88,551 shares in the last quarter. Institutional investors and hedge funds own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Stock Up 0.3%

DB opened at $31.13 on Friday. The company has a 50 day moving average of $31.70 and a 200 day moving average of $35.18. The company has a current ratio of 0.74, a quick ratio of 1.10 and a debt-to-equity ratio of 1.40. Deutsche Bank Aktiengesellschaft has a 12 month low of $26.51 and a 12 month high of $40.43. The company has a market cap of $60.39 billion, a PE ratio of 8.58, a price-to-earnings-growth ratio of 0.40 and a beta of 0.94.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The bank reported $1.24 EPS for the quarter, beating the consensus estimate of $1.15 by $0.09. Deutsche Bank Aktiengesellschaft had a net margin of 10.43% and a return on equity of 7.69%. The firm had revenue of $10.02 billion during the quarter, compared to the consensus estimate of $9.85 billion. On average, sell-side analysts expect that Deutsche Bank Aktiengesellschaft will post 4.08 EPS for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The company also recently declared an annual dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Friday, May 29th will be issued a $1.00 dividend. This represents a yield of 251.0%. The ex-dividend date of this dividend is Friday, May 29th. This is a positive change from Deutsche Bank Aktiengesellschaft's previous annual dividend of $0.51.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on DB shares. Barclays downgraded shares of Deutsche Bank Aktiengesellschaft from an "overweight" rating to an "equal weight" rating in a report on Monday, April 20th. Morgan Stanley reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Thursday, January 8th. Citigroup raised shares of Deutsche Bank Aktiengesellschaft from a "sell" rating to a "hold" rating in a research note on Thursday, April 9th. Wall Street Zen cut shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research note on Saturday, March 14th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, April 20th. Four analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Deutsche Bank Aktiengesellschaft has a consensus rating of "Hold".

Deutsche Bank Aktiengesellschaft 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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