Royal London Asset Management Ltd. Grows Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Royal London Asset Management Ltd. lifted its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 7.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 357,371 shares of the bank’s stock after buying an additional 24,412 shares during the period. Royal London Asset Management Ltd.’s holdings in Deutsche Bank Aktiengesellschaft were worth $6,093,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of DB. Versant Capital Management Inc purchased a new position in Deutsche Bank Aktiengesellschaft in the 4th quarter worth approximately $26,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the third quarter valued at approximately $43,000. Jones Financial Companies Lllp lifted its position in Deutsche Bank Aktiengesellschaft by 1,270.5% during the fourth quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank’s stock worth $69,000 after buying an additional 3,748 shares in the last quarter. Activest Wealth Management acquired a new position in Deutsche Bank Aktiengesellschaft during the fourth quarter worth $86,000. Finally, Smartleaf Asset Management LLC grew its holdings in Deutsche Bank Aktiengesellschaft by 218.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 7,278 shares of the bank’s stock valued at $125,000 after buying an additional 4,992 shares in the last quarter. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on DB shares. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Wednesday, February 5th. The Goldman Sachs Group raised shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Thursday, January 30th. Morgan Stanley reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. Barclays reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Finally, Citigroup reiterated a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy”.

Deutsche Bank Aktiengesellschaft Trading Up 0.4 %

NYSE DB opened at $24.24 on Monday. Deutsche Bank Aktiengesellschaft has a 12 month low of $13.70 and a 12 month high of $25.03. The stock has a market capitalization of $48.28 billion, a P/E ratio of 17.44 and a beta of 1.23. The firm’s 50-day moving average is $20.93 and its two-hundred day moving average is $18.44. 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 (NYSE:DB) last posted its quarterly earnings data on Thursday, January 30th. The bank reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. 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 company also recently disclosed an annual dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 26th will be paid a $0.5122 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This is a boost from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. This represents a dividend yield of 1.7%. Deutsche Bank Aktiengesellschaft’s payout ratio is presently 15.18%.

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.