Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Sold by Jupiter Asset Management Ltd.

Jupiter Asset Management Ltd. trimmed its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 52.0% during the fourth quarter, HoldingsChannel reports. The fund owned 1,394,199 shares of the bank’s stock after selling 1,510,733 shares during the quarter. Jupiter Asset Management Ltd.’s holdings in Deutsche Bank Aktiengesellschaft were worth $24,023,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Venturi Wealth Management LLC increased its stake in shares of Deutsche Bank Aktiengesellschaft by 1.6% in the fourth quarter. Venturi Wealth Management LLC now owns 32,990 shares of the bank’s stock valued at $562,000 after purchasing an additional 513 shares during the period. Sequoia Financial Advisors LLC boosted its position in shares of Deutsche Bank Aktiengesellschaft by 3.9% during the fourth quarter. Sequoia Financial Advisors LLC now owns 14,189 shares of the bank’s stock worth $242,000 after buying an additional 537 shares during the period. Truist Financial Corp increased its position in Deutsche Bank Aktiengesellschaft by 4.8% in the 4th quarter. Truist Financial Corp now owns 13,801 shares of the bank’s stock valued at $235,000 after acquiring an additional 636 shares during the period. Bleakley Financial Group LLC increased its position in Deutsche Bank Aktiengesellschaft by 9.3% in the 4th quarter. Bleakley Financial Group LLC now owns 11,607 shares of the bank’s stock valued at $198,000 after acquiring an additional 990 shares during the period. Finally, Park Avenue Securities LLC boosted its position in Deutsche Bank Aktiengesellschaft by 5.1% during the 4th quarter. Park Avenue Securities LLC now owns 23,083 shares of the bank’s stock worth $394,000 after acquiring an additional 1,113 shares during the period. Institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Up 0.9 %

Shares of Deutsche Bank Aktiengesellschaft stock opened at $23.38 on Thursday. Deutsche Bank Aktiengesellschaft has a 1 year low of $13.70 and a 1 year high of $24.44. The company has a market cap of $46.56 billion, a P/E ratio of 16.82 and a beta of 1.23. 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 50-day moving average price of $19.98 and a 200 day moving average price of $18.04.

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%. As a group, analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The firm also recently disclosed 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 positive change from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. Deutsche Bank Aktiengesellschaft’s payout ratio is presently 15.18%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Wednesday, February 5th. Citigroup reissued a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. The Goldman Sachs Group raised shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Thursday, January 30th. Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, March 7th. Finally, Barclays reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Deutsche Bank Aktiengesellschaft presently 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.