Headlands Technologies LLC Acquires 8,634 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Headlands Technologies LLC grew its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 3,320.8% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 8,894 shares of the bank’s stock after purchasing an additional 8,634 shares during the period. Headlands Technologies LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $152,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Versant Capital Management Inc purchased a new stake in shares of Deutsche Bank Aktiengesellschaft in the fourth quarter valued at about $26,000. Wilmington Savings Fund Society FSB purchased a new stake in Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at about $43,000. Jones Financial Companies Lllp lifted 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 buying an additional 3,748 shares in the last quarter. Activest Wealth Management purchased a new position in shares of Deutsche Bank Aktiengesellschaft in the 4th quarter worth approximately $86,000. Finally, Smartleaf Asset Management LLC grew its holdings in shares of 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 acquiring an additional 4,992 shares in the last quarter. Institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Price Performance

DB opened at $20.44 on Friday. The company has a market capitalization of $40.71 billion, a price-to-earnings ratio of 14.70 and a beta of 1.03. The company has a quick ratio of 0.78, a current ratio of 0.74 and a debt-to-equity ratio of 1.45. The firm has a 50-day moving average price of $21.90 and a 200-day moving average price of $18.96. Deutsche Bank Aktiengesellschaft has a twelve month low of $13.70 and a twelve month high of $25.33.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its earnings results 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%. Equities analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

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

Wall Street Analyst Weigh In

DB has been the subject of several research analyst reports. StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Wednesday, February 5th. Barclays restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Thursday, January 30th. Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. Finally, Royal Bank of Canada reissued an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, March 24th. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “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.