Korea Investment CORP Has $28.38 Million Stock Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Korea Investment CORP increased its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 101.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,647,146 shares of the bank’s stock after purchasing an additional 831,251 shares during the period. Korea Investment CORP owned approximately 0.08% of Deutsche Bank Aktiengesellschaft worth $28,382,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. boosted its position in Deutsche Bank Aktiengesellschaft by 16.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 143,505 shares of the bank’s stock worth $2,484,000 after purchasing an additional 20,478 shares during the period. Cerity Partners LLC increased its position in Deutsche Bank Aktiengesellschaft by 77.2% in the 3rd quarter. Cerity Partners LLC now owns 98,381 shares of the bank’s stock worth $1,703,000 after buying an additional 42,860 shares during the period. FMR LLC lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 13.7% during the third quarter. FMR LLC now owns 1,647,327 shares of the bank’s stock worth $28,419,000 after buying an additional 198,404 shares during the last quarter. Townsquare Capital LLC bought a new stake in shares of Deutsche Bank Aktiengesellschaft in the third quarter valued at approximately $273,000. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the third quarter worth $3,022,000. 27.90% of the stock is owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Trading Down 2.1 %

Shares of DB opened at $23.97 on Friday. 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 cap of $47.76 billion, a PE ratio of 17.25 and a beta of 1.23. Deutsche Bank Aktiengesellschaft has a 1 year low of $13.70 and a 1 year high of $25.33. The stock has a 50 day simple moving average of $21.55 and a 200-day simple moving average of $18.70.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings data on Thursday, January 30th. The bank reported $0.16 earnings per share (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 predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 26th will be issued a $0.5122 dividend. This is an increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. This represents a dividend yield of 1.7%. The ex-dividend date is Friday, May 23rd. Deutsche Bank Aktiengesellschaft’s payout ratio is presently 15.18%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on DB. Royal Bank of Canada reissued an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Thursday, January 30th. Barclays reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Morgan Stanley reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, March 7th. Finally, StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Wednesday, February 5th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Deutsche Bank Aktiengesellschaft has a consensus rating of “Buy”.

About Deutsche Bank Aktiengesellschaft

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.