Mitsubishi UFJ Trust & Banking Corp Has $34.60 Million Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Mitsubishi UFJ Trust & Banking Corp grew its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 4.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,998,276 shares of the bank’s stock after buying an additional 78,841 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned 0.10% of Deutsche Bank Aktiengesellschaft worth $34,601,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Versant Capital Management Inc acquired a new position in Deutsche Bank Aktiengesellschaft during the fourth quarter worth $26,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter worth about $43,000. Jones Financial Companies Lllp increased its position in shares of Deutsche Bank Aktiengesellschaft by 1,270.5% during the 4th quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank’s stock worth $69,000 after purchasing an additional 3,748 shares in the last quarter. Activest Wealth Management bought a new position in Deutsche Bank Aktiengesellschaft during the 4th quarter valued at about $86,000. Finally, Smartleaf Asset Management LLC boosted its position in Deutsche Bank Aktiengesellschaft by 218.4% in the fourth 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. 27.90% of the stock is owned by institutional investors.

Deutsche Bank Aktiengesellschaft Stock Down 2.2 %

NYSE DB opened at $24.70 on Thursday. The stock has a market capitalization of $49.19 billion, a P/E ratio of 17.77 and a beta of 1.23. Deutsche Bank Aktiengesellschaft has a 52 week low of $13.70 and a 52 week high of $25.33. 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 stock has a fifty day moving average of $21.34 and a 200-day moving average of $18.61.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced 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 return on equity of 3.90% and a net margin of 4.66%. On average, equities research analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 26th will be paid 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 of this dividend is Friday, May 23rd. Deutsche Bank Aktiengesellschaft’s payout ratio is 15.18%.

Wall Street Analyst Weigh In

DB has been the subject of several recent analyst reports. Citigroup reaffirmed a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. The Goldman Sachs Group upgraded Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research report on Thursday, January 30th. Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, March 7th. Barclays reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Finally, StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Wednesday, February 5th. One equities research 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 company’s stock. According to MarketBeat.com, the stock presently has an average 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.