Mutual of America Capital Management LLC Has $14.09 Million Stake in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Mutual of America Capital Management LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 5.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 816,855 shares of the bank’s stock after buying an additional 42,779 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $14,089,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Lake Street Advisors Group LLC acquired a new position in Deutsche Bank Aktiengesellschaft during the fourth quarter worth $172,000. Bank of New York Mellon Corp increased its position in Deutsche Bank Aktiengesellschaft by 2.9% during the fourth quarter. Bank of New York Mellon Corp now owns 3,132,515 shares of the bank’s stock worth $53,409,000 after buying an additional 88,606 shares during the last quarter. Callan Capital LLC increased its position in Deutsche Bank Aktiengesellschaft by 31.0% during the fourth quarter. Callan Capital LLC now owns 51,178 shares of the bank’s stock worth $873,000 after buying an additional 12,098 shares during the last quarter. Leuthold Group LLC increased its position in Deutsche Bank Aktiengesellschaft by 1,116.3% during the fourth quarter. Leuthold Group LLC now owns 269,880 shares of the bank’s stock worth $4,601,000 after buying an additional 247,692 shares during the last quarter. Finally, Venturi Wealth Management LLC increased its position in Deutsche Bank Aktiengesellschaft by 1.6% during the fourth quarter. Venturi Wealth Management LLC now owns 32,990 shares of the bank’s stock worth $562,000 after buying an additional 513 shares during the last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Stock Up 0.5 %

NYSE DB opened at $21.49 on Friday. 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 firm has a 50-day simple moving average of $19.03 and a 200 day simple moving average of $17.60. Deutsche Bank Aktiengesellschaft has a twelve month low of $13.31 and a twelve month high of $21.96. The stock has a market cap of $42.81 billion, a PE ratio of 15.46 and a beta of 1.22.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its earnings results on Thursday, January 30th. The bank reported $0.16 earnings per share 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%. On average, research analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

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

Analysts Set New Price Targets

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