Fiera Capital Corp Has $6.64 Million Stock Holdings in Deutsche Bank Aktiengesellschaft $DB

Fiera Capital Corp trimmed its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 32.6% during the third quarter, Holdings Channel reports. The institutional investor owned 187,620 shares of the bank’s stock after selling 90,953 shares during the quarter. Fiera Capital Corp’s holdings in Deutsche Bank Aktiengesellschaft were worth $6,644,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in DB. Evergreen Capital Management LLC boosted its holdings in Deutsche Bank Aktiengesellschaft by 1.9% in the second quarter. Evergreen Capital Management LLC now owns 15,436 shares of the bank’s stock valued at $452,000 after acquiring an additional 282 shares during the last quarter. Baron Wealth Management LLC lifted its position in Deutsche Bank Aktiengesellschaft by 1.1% during the 3rd quarter. Baron Wealth Management LLC now owns 27,401 shares of the bank’s stock valued at $970,000 after purchasing an additional 302 shares during the period. HB Wealth Management LLC boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 3.5% in the 3rd quarter. HB Wealth Management LLC now owns 9,057 shares of the bank’s stock valued at $321,000 after purchasing an additional 304 shares during the last quarter. Wedbush Securities Inc. grew its position in shares of Deutsche Bank Aktiengesellschaft by 4.2% during the 3rd quarter. Wedbush Securities Inc. now owns 8,226 shares of the bank’s stock worth $291,000 after buying an additional 331 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Deutsche Bank Aktiengesellschaft by 0.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 41,905 shares of the bank’s stock worth $1,457,000 after buying an additional 346 shares during the last quarter. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of Deutsche Bank Aktiengesellschaft stock opened at $36.70 on Friday. The stock’s fifty day simple moving average is $38.32 and its 200 day simple moving average is $36.64. The company has a current ratio of 0.76, a quick ratio of 0.78 and a debt-to-equity ratio of 1.43. The company has a market capitalization of $73.11 billion, a PE ratio of 10.70, a PEG ratio of 0.48 and a beta of 0.95. Deutsche Bank Aktiengesellschaft has a 12 month low of $18.89 and a 12 month high of $40.43.

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

Deutsche Bank Aktiengesellschaft Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Tuesday, June 2nd. Investors of record on Monday, June 1st will be paid a dividend of $1.00 per share. This represents a yield of 251.0%. The ex-dividend date of this dividend is Monday, June 1st. This is a positive change from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.51. Deutsche Bank Aktiengesellschaft’s dividend payout ratio (DPR) is currently 6.15%.

Wall Street Analyst Weigh In

DB has been the topic of a number of recent research reports. Wall Street Zen raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Saturday, December 20th. Weiss Ratings restated 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 report on Tuesday, December 30th. Citigroup reissued a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Thursday, January 22nd. Finally, Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Company 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.