Grantham Mayo Van Otterloo & Co. LLC Increases Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Grantham Mayo Van Otterloo & Co. LLC boosted its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 72.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,400,467 shares of the bank’s stock after buying an additional 2,266,996 shares during the period. Grantham Mayo Van Otterloo & Co. LLC owned approximately 0.27% of Deutsche Bank Aktiengesellschaft worth $93,054,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Aviva PLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 4.0% in the 4th quarter. Aviva PLC now owns 2,377,923 shares of the bank’s stock valued at $40,956,000 after acquiring an additional 90,789 shares during the last quarter. Prudential PLC boosted its holdings in Deutsche Bank Aktiengesellschaft by 19.9% in the fourth quarter. Prudential PLC now owns 216,985 shares of the bank’s stock valued at $3,737,000 after purchasing an additional 35,938 shares during the last quarter. Pitcairn Co. grew its position in Deutsche Bank Aktiengesellschaft by 5.7% during the 4th quarter. Pitcairn Co. now owns 13,742 shares of the bank’s stock worth $234,000 after purchasing an additional 740 shares during the period. Headlands Technologies LLC raised its stake in shares of Deutsche Bank Aktiengesellschaft by 3,320.8% during the 4th quarter. Headlands Technologies LLC now owns 8,894 shares of the bank’s stock valued at $152,000 after buying an additional 8,634 shares during the last quarter. Finally, National Bank of Canada FI lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 9.3% in the 4th quarter. National Bank of Canada FI now owns 23,152 shares of the bank’s stock valued at $399,000 after buying an additional 1,965 shares during the period. Institutional investors and hedge funds own 27.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on DB. The Goldman Sachs Group upgraded Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research report on Thursday, January 30th. Royal Bank of Canada reaffirmed an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, March 24th. Citigroup reissued a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Wednesday, February 5th. Finally, Barclays reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Buy”.

Deutsche Bank Aktiengesellschaft Trading Down 10.7 %

Shares of NYSE:DB opened at $20.44 on Friday. The business’s 50 day moving average price is $21.90 and its 200-day moving average price is $18.94. Deutsche Bank Aktiengesellschaft has a 1 year low of $13.70 and a 1 year high of $25.33. The firm 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 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 posted its quarterly earnings data 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%. On average, equities research analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Monday, May 26th will be paid a dividend of $0.5122 per share. This is a positive change 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 payout ratio is 15.18%.

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.