Capital World Investors Buys 51,972 Shares of Deutsche Bank Aktiengesellschaft $DB

Capital World Investors increased its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 1.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,442,141 shares of the bank’s stock after acquiring an additional 51,972 shares during the quarter. Capital World Investors’ holdings in Deutsche Bank Aktiengesellschaft were worth $156,201,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in DB. Amundi boosted its position in shares of Deutsche Bank Aktiengesellschaft by 15.3% in the second quarter. Amundi now owns 40,664,519 shares of the bank’s stock worth $1,182,931,000 after purchasing an additional 5,403,011 shares during the period. Fisher Asset Management LLC increased its stake in shares of Deutsche Bank Aktiengesellschaft by 3.8% in the third quarter. Fisher Asset Management LLC now owns 26,432,006 shares of the bank’s stock worth $935,957,000 after purchasing an additional 960,605 shares in the last quarter. Norges Bank bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the 2nd quarter valued at $719,395,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 6.4% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 13,209,491 shares of the bank’s stock valued at $390,188,000 after buying an additional 794,674 shares in the last quarter. Finally, Liontrust Investment Partners LLP bought a new position in Deutsche Bank Aktiengesellschaft in the 2nd quarter worth $147,318,000. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Down 0.9%

Shares of DB opened at $31.50 on Thursday. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.76 and a quick ratio of 0.78. The stock has a market capitalization of $62.76 billion, a price-to-earnings ratio of 9.18, a price-to-earnings-growth ratio of 0.42 and a beta of 0.94. Deutsche Bank Aktiengesellschaft has a 1 year low of $18.89 and a 1 year high of $40.43. The business’s 50 day simple moving average is $37.06 and its 200-day simple moving average is $36.41.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its earnings results on Thursday, January 29th. The bank reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.16. Deutsche Bank Aktiengesellschaft had a net margin of 10.02% and a return on equity of 7.49%. The firm had revenue of $8.99 billion during the quarter, compared to analyst estimates of $7.71 billion. As a group, equities analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Monday, June 1st will be paid a $1.00 dividend. This represents a dividend yield of 251.0%. The ex-dividend date of this dividend is Monday, June 1st. This is an increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.51. Deutsche Bank Aktiengesellschaft’s dividend payout ratio is 6.15%.

Analyst Ratings Changes

A number of brokerages have issued reports on DB. Citigroup reiterated a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Thursday, January 22nd. Morgan Stanley reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Thursday, January 8th. Weiss Ratings reiterated a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Wednesday, January 21st. Zacks Research downgraded Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Finally, Wall Street Zen raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Profile

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.