11,958 Shares in Deutsche Bank Aktiengesellschaft (NYSE:DB) Bought by Exane Asset Management

Exane Asset Management acquired a new stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,958 shares of the bank’s stock, valued at approximately $206,000. Deutsche Bank Aktiengesellschaft comprises approximately 0.1% of Exane Asset Management’s holdings, making the stock its 23rd largest position.

Other large investors also recently modified their holdings of the company. Versant Capital Management Inc purchased a new position in Deutsche Bank Aktiengesellschaft in the fourth quarter valued at about $26,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter valued at approximately $43,000. Allworth Financial LP increased its stake in shares of Deutsche Bank Aktiengesellschaft by 3,738.1% in the third quarter. Allworth Financial LP now owns 8,252 shares of the bank’s stock worth $143,000 after buying an additional 8,037 shares during the last quarter. Legacy Capital Group California Inc. acquired a new stake in Deutsche Bank Aktiengesellschaft in the third quarter valued at $195,000. Finally, Contravisory Investment Management Inc. bought a new position in Deutsche Bank Aktiengesellschaft during the 3rd quarter valued at $197,000. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Stock Down 1.2 %

DB stock opened at $19.18 on Friday. The firm has a fifty day moving average price of $18.15 and a two-hundred day moving average price of $17.03. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.74 and a quick ratio of 0.78. Deutsche Bank Aktiengesellschaft has a 1-year low of $12.43 and a 1-year high of $20.45. The firm has a market cap of $38.21 billion, a price-to-earnings ratio of 13.80 and a beta of 1.22.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings data on Thursday, January 30th. The bank reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. Research analysts predict that Deutsche Bank Aktiengesellschaft will post 3.01 EPS for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The business 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 dividend of $0.5122 per share. The ex-dividend date is Friday, May 23rd. This represents a yield of 1.7%. This is a positive change from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. Deutsche Bank Aktiengesellschaft’s payout ratio is currently 51.08%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on DB. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Wednesday. The Goldman Sachs Group raised Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a report on Thursday, January 30th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Deutsche Bank Aktiengesellschaft 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.