First Trust Advisors LP Decreases Stock Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

First Trust Advisors LP trimmed its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 25.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 339,810 shares of the bank's stock after selling 115,479 shares during the quarter. First Trust Advisors LP's holdings in Deutsche Bank Aktiengesellschaft were worth $5,847,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of DB. Capital International Investors boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 9.4% during the 4th quarter. Capital International Investors now owns 87,660,818 shares of the bank's stock worth $1,510,097,000 after acquiring an additional 7,558,488 shares during the last quarter. Norges Bank bought a new stake in Deutsche Bank Aktiengesellschaft during the fourth quarter valued at about $773,016,000. Amundi increased its position in Deutsche Bank Aktiengesellschaft by 23.6% in the fourth quarter. Amundi now owns 39,176,325 shares of the bank's stock worth $678,926,000 after buying an additional 7,484,594 shares in the last quarter. Marshall Wace LLP raised its stake in shares of Deutsche Bank Aktiengesellschaft by 18.7% in the fourth quarter. Marshall Wace LLP now owns 15,034,039 shares of the bank's stock worth $258,903,000 after buying an additional 2,369,480 shares during the period. Finally, Franklin Resources Inc. lifted its position in shares of Deutsche Bank Aktiengesellschaft by 199.8% during the 4th quarter. Franklin Resources Inc. now owns 12,931,689 shares of the bank's stock valued at $222,715,000 after buying an additional 8,617,662 shares in the last quarter. 27.90% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

DB has been the topic of a number of recent analyst reports. Barclays restated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Morgan Stanley restated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, March 7th. The Goldman Sachs Group raised shares of Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a report on Thursday, January 30th. Royal Bank of Canada reissued an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, March 24th. Finally, StockNews.com raised Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research note on Wednesday, February 5th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Stock Up 1.4 %

NYSE DB traded up $0.38 during midday trading on Friday, hitting $26.78. 3,230,912 shares of the company traded hands, compared to its average volume of 2,299,526. The company has a market cap of $53.35 billion, a PE ratio of 19.27 and a beta of 1.03. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.74 and a quick ratio of 0.78. The company's 50-day simple moving average is $23.53 and its 200-day simple moving average is $19.93. Deutsche Bank Aktiengesellschaft has a 52 week low of $13.70 and a 52 week high of $26.96.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The bank reported $1.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.85 by $0.19. The business had revenue of $8.97 billion for the quarter, compared to analyst estimates of $7.95 billion. Deutsche Bank Aktiengesellschaft had a net margin of 4.66% and a return on equity of 3.90%. As a group, equities research analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The business also recently announced an annual dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 26th will be issued a dividend of $0.5122 per share. This is a boost from Deutsche Bank Aktiengesellschaft's previous annual dividend of $0.33. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, May 23rd. Deutsche Bank Aktiengesellschaft's payout ratio is currently 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.