Capital International Inc. CA Has $178.16 Million Stock Position in Deutsche Bank Aktiengesellschaft $DB

Capital International Inc. CA cut its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 9.3% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 5,066,351 shares of the bank’s stock after selling 519,610 shares during the quarter. Deutsche Bank Aktiengesellschaft makes up approximately 1.4% of Capital International Inc. CA’s investment portfolio, making the stock its 11th largest holding. Capital International Inc. CA’s holdings in Deutsche Bank Aktiengesellschaft were worth $178,158,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DB. Norges Bank acquired a new position in Deutsche Bank Aktiengesellschaft during the 2nd quarter worth $719,395,000. Fisher Asset Management LLC increased its stake in shares of Deutsche Bank Aktiengesellschaft by 35.0% in the second quarter. Fisher Asset Management LLC now owns 25,471,401 shares of the bank’s stock worth $745,803,000 after purchasing an additional 6,605,750 shares during the period. Amundi increased its stake 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. Liontrust Investment Partners LLP bought a new stake in Deutsche Bank Aktiengesellschaft during the 2nd quarter valued at approximately $147,318,000. Finally, Banco Santander S.A. boosted its stake in Deutsche Bank Aktiengesellschaft by 4,258.7% during the 3rd quarter. Banco Santander S.A. now owns 3,884,422 shares of the bank’s stock valued at $137,547,000 after purchasing an additional 3,795,304 shares during the period. Institutional investors and hedge funds own 27.90% of the company’s stock.

Wall Street Analyst Weigh In

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

Deutsche Bank Aktiengesellschaft Stock Up 1.1%

Shares of DB stock opened at $31.59 on Tuesday. Deutsche Bank Aktiengesellschaft has a one year low of $18.89 and a one year high of $40.43. The company has a quick ratio of 0.78, a current ratio of 0.76 and a debt-to-equity ratio of 1.43. The stock has a fifty day moving average price of $37.34 and a 200 day moving average price of $36.48.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings data 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. Deutsche Bank Aktiengesellschaft had a net margin of 10.02% and a return on equity of 7.49%. The company had revenue of $8.99 billion during the quarter, compared to analysts’ expectations of $7.71 billion. Research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Monday, June 1st will be issued a dividend of $1.00 per share. 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. This represents a yield of 251.0%.

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.