Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Purchased by XTX Topco Ltd

XTX Topco Ltd grew its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 318.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,719 shares of the bank’s stock after buying an additional 46,206 shares during the quarter. XTX Topco Ltd’s holdings in Deutsche Bank Aktiengesellschaft were worth $1,035,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank acquired a new position in shares of Deutsche Bank Aktiengesellschaft during the 4th quarter worth approximately $773,016,000. Franklin Resources Inc. lifted its position in shares of Deutsche Bank Aktiengesellschaft by 199.8% in the fourth quarter. Franklin Resources Inc. now owns 12,931,689 shares of the bank’s stock valued at $222,715,000 after acquiring an additional 8,617,662 shares in the last quarter. Amundi boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 23.6% during the fourth quarter. Amundi now owns 39,176,325 shares of the bank’s stock valued at $678,926,000 after acquiring an additional 7,484,594 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC raised its stake in Deutsche Bank Aktiengesellschaft by 72.3% in the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 5,400,467 shares of the bank’s stock valued at $93,054,000 after purchasing an additional 2,266,996 shares during the last quarter. Finally, Gemsstock Ltd. purchased a new position in Deutsche Bank Aktiengesellschaft in the 4th quarter valued at about $15,498,000. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Trading Up 2.0 %

DB stock opened at $23.56 on Wednesday. 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 company has a market cap of $46.92 billion, a price-to-earnings ratio of 16.95 and a beta of 1.03. The business has a fifty day simple moving average of $22.26 and a 200-day simple moving average of $19.23. Deutsche Bank Aktiengesellschaft has a 52 week low of $13.70 and a 52 week high of $25.33.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its quarterly 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%. On average, equities research analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

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

Wall Street Analyst Weigh In

A number of brokerages have recently commented on DB. Royal Bank of Canada reiterated an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, March 24th. The Goldman Sachs Group raised shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Thursday, January 30th. Barclays reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Citigroup reaffirmed a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Finally, StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Wednesday, February 5th. One 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. Based on data from MarketBeat.com, Deutsche Bank Aktiengesellschaft has an average rating of “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.