Bank Julius Baer & Co. Ltd Zurich Takes Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 81,286 shares of the bank’s stock, valued at approximately $1,493,000.

A number of other institutional investors have also recently made changes to their positions in the company. Callan Family Office LLC purchased a new stake in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter valued at approximately $1,320,000. Raymond James Financial Inc. purchased a new stake in Deutsche Bank Aktiengesellschaft in the fourth quarter worth approximately $6,464,000. Charles Schwab Investment Management Inc. boosted its holdings in Deutsche Bank Aktiengesellschaft by 13.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 163,234 shares of the bank’s stock worth $2,783,000 after purchasing an additional 19,729 shares during the last quarter. DJE Kapital AG purchased a new stake in Deutsche Bank Aktiengesellschaft in the fourth quarter worth approximately $198,000. Finally, Plato Investment Management Ltd boosted its holdings in Deutsche Bank Aktiengesellschaft by 53.7% in the fourth quarter. Plato Investment Management Ltd now owns 383,517 shares of the bank’s stock worth $6,632,000 after purchasing an additional 133,960 shares during the last quarter. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on DB shares. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Wednesday, February 5th. Citigroup restated a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Barclays restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Finally, The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a report on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft Stock Up 0.6 %

DB opened at $24.16 on Monday. The company has a current ratio of 0.74, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. Deutsche Bank Aktiengesellschaft has a 1-year low of $13.70 and a 1-year high of $24.44. The company has a market capitalization of $48.12 billion, a PE ratio of 17.38 and a beta of 1.23. The firm’s 50 day simple moving average is $19.61 and its two-hundred day simple moving average is $17.90.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings results 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%. As a group, equities analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 26th will be given a dividend of $0.5122 per share. This represents a dividend yield of 1.7%. This is an increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. The ex-dividend date is Friday, May 23rd. Deutsche Bank Aktiengesellschaft’s dividend payout ratio (DPR) is presently 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.