MetLife Investment Management LLC grew its position in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 31.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 221,444 shares of the bank's stock after purchasing an additional 53,277 shares during the quarter. MetLife Investment Management LLC's holdings in Deutsche Bank Aktiengesellschaft were worth $3,815,000 at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new stake in Deutsche Bank Aktiengesellschaft during the 3rd quarter worth about $43,000. Versant Capital Management Inc acquired a new position in Deutsche Bank Aktiengesellschaft in the fourth quarter valued at approximately $26,000. Aprio Wealth Management LLC increased its stake in Deutsche Bank Aktiengesellschaft by 28.1% in the fourth quarter. Aprio Wealth Management LLC now owns 19,138 shares of the bank's stock valued at $326,000 after purchasing an additional 4,197 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in shares of Deutsche Bank Aktiengesellschaft by 31.7% during the 4th quarter. Assenagon Asset Management S.A. now owns 120,572 shares of the bank's stock worth $2,078,000 after buying an additional 29,042 shares during the last quarter. Finally, Kathmere Capital Management LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 15.1% in the 4th quarter. Kathmere Capital Management LLC now owns 17,036 shares of the bank's stock valued at $290,000 after buying an additional 2,233 shares in the last quarter. 27.90% of the stock is owned by hedge funds and other institutional investors.
Deutsche Bank Aktiengesellschaft Stock Performance
DB traded up $0.15 during trading on Thursday, hitting $26.36. The stock had a trading volume of 925,897 shares, compared to its average volume of 2,285,836. Deutsche Bank Aktiengesellschaft has a twelve month low of $13.70 and a twelve month high of $26.96. The firm has a market capitalization of $52.51 billion, a P/E ratio of 18.98 and a beta of 1.03. 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 50-day moving average price is $23.30 and its 200 day moving average price is $19.78.
Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The bank reported $1.04 EPS for the quarter, beating analysts' consensus estimates of $0.85 by $0.19. The firm had revenue of $8.97 billion during the quarter, compared to the consensus estimate of $7.95 billion. Deutsche Bank Aktiengesellschaft had a net margin of 4.66% and a return on equity of 3.90%. On average, equities research analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.
Deutsche Bank Aktiengesellschaft Increases Dividend
The firm also recently disclosed an annual dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Monday, May 26th will be given a $0.5122 dividend. This is a boost from Deutsche Bank Aktiengesellschaft's previous annual dividend of $0.33. The ex-dividend date of this dividend is Friday, May 23rd. This represents a yield of 1.7%. Deutsche Bank Aktiengesellschaft's dividend payout ratio is presently 15.18%.
Wall Street Analyst Weigh In
DB has been the topic of several research reports. Citigroup reaffirmed a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research report on Wednesday, February 5th. Royal Bank of Canada reiterated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, March 24th. Morgan Stanley reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, March 7th. Finally, Barclays reaffirmed an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy".
Check Out Our Latest Stock Report on Deutsche Bank Aktiengesellschaft
Deutsche Bank Aktiengesellschaft Company Profile
(
Free Report)
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.
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