Commerzbank Aktiengesellschaft FI Has $62.53 Million Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Commerzbank Aktiengesellschaft FI lessened its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 30.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,667,554 shares of the bank’s stock after selling 1,591,938 shares during the quarter. Deutsche Bank Aktiengesellschaft accounts for approximately 1.5% of Commerzbank Aktiengesellschaft FI’s investment portfolio, making the stock its 23rd biggest position. Commerzbank Aktiengesellschaft FI’s holdings in Deutsche Bank Aktiengesellschaft were worth $62,532,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Bank of New York Mellon Corp boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 2.9% in the 4th quarter. Bank of New York Mellon Corp now owns 3,132,515 shares of the bank’s stock valued at $53,409,000 after purchasing an additional 88,606 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Deutsche Bank Aktiengesellschaft by 23.5% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,546,283 shares of the bank’s stock valued at $44,042,000 after acquiring an additional 483,788 shares during the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH lifted its holdings in Deutsche Bank Aktiengesellschaft by 2.1% during the 4th quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 2,286,316 shares of the bank’s stock worth $39,492,000 after buying an additional 46,192 shares during the period. Wellington Management Group LLP boosted its holdings in Deutsche Bank Aktiengesellschaft by 332.0% in the third quarter. Wellington Management Group LLP now owns 2,194,855 shares of the bank’s stock valued at $37,964,000 after acquiring an additional 1,686,776 shares during the last quarter. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at $28,515,000. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of DB stock opened at $21.58 on Tuesday. Deutsche Bank Aktiengesellschaft has a 12 month low of $13.57 and a 12 month high of $22.14. The firm’s 50 day moving average is $19.13 and its 200 day moving average is $17.69. The company has a current ratio of 0.74, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. The stock has a market capitalization of $42.99 billion, a P/E ratio of 15.53 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 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a net margin of 4.66% and a return on equity of 3.90%. On average, sell-side analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The firm also recently disclosed 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 positive change from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. The ex-dividend date is Friday, May 23rd. This represents a dividend yield of 1.7%. Deutsche Bank Aktiengesellschaft’s payout ratio is presently 15.18%.

Analyst Ratings Changes

DB has been the subject of several recent analyst reports. Morgan Stanley reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Citigroup restated a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Wednesday, February 5th. Barclays restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Finally, The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research report on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

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.