Lake Street Advisors Group LLC Acquires Shares of 10,101 Deutsche Bank Aktiengesellschaft (NYSE:DB)

Lake Street Advisors Group LLC acquired a new stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 10,101 shares of the bank’s stock, valued at approximately $172,000.

A number of other institutional investors have also recently bought and sold shares of DB. Bank of New York Mellon Corp raised its position in shares of Deutsche Bank Aktiengesellschaft by 2.9% in the 4th quarter. Bank of New York Mellon Corp now owns 3,132,515 shares of the bank’s stock valued at $53,409,000 after buying an additional 88,606 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Deutsche Bank Aktiengesellschaft by 23.5% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,546,283 shares of the bank’s stock valued at $44,042,000 after buying an additional 483,788 shares in the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH raised its position in shares of Deutsche Bank Aktiengesellschaft by 2.1% in the 4th quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 2,286,316 shares of the bank’s stock valued at $39,492,000 after buying an additional 46,192 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Deutsche Bank Aktiengesellschaft by 332.0% in the 3rd quarter. Wellington Management Group LLP now owns 2,194,855 shares of the bank’s stock valued at $37,964,000 after buying an additional 1,686,776 shares in the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at approximately $28,515,000. Institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Price Performance

DB stock opened at $21.49 on Friday. The company has a 50 day simple moving average of $19.03 and a 200 day simple moving average of $17.60. The stock has a market cap of $42.81 billion, a price-to-earnings ratio of 15.46 and a beta of 1.22. Deutsche Bank Aktiengesellschaft has a 1 year low of $13.31 and a 1 year high of $21.96. 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 announced its quarterly earnings results on Thursday, January 30th. The bank reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a net margin of 4.66% and a return on equity of 3.90%. Research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

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

Analyst Upgrades and Downgrades

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