Deutsche Bank Aktiengesellschaft $DB Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC reduced its position in Deutsche Bank Aktiengesellschaft (NYSE:DBFree Report) by 6.1% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 431,468 shares of the bank’s stock after selling 27,807 shares during the period. Natixis Advisors LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $15,278,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in DB. TD Waterhouse Canada Inc. lifted its stake in Deutsche Bank Aktiengesellschaft by 43.2% in the third quarter. TD Waterhouse Canada Inc. now owns 131,626 shares of the bank’s stock valued at $4,673,000 after buying an additional 39,717 shares during the last quarter. Mediolanum International Funds Ltd grew its position in shares of Deutsche Bank Aktiengesellschaft by 50.8% during the third quarter. Mediolanum International Funds Ltd now owns 273,437 shares of the bank’s stock worth $9,632,000 after acquiring an additional 92,166 shares during the last quarter. Commerzbank Aktiengesellschaft FI increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 574.0% in the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 3,125,577 shares of the bank’s stock valued at $110,677,000 after acquiring an additional 2,661,833 shares during the period. Liontrust Investment Partners LLP purchased a new stake in Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at $147,318,000. Finally, Generali Asset Management SPA SGR boosted its stake in Deutsche Bank Aktiengesellschaft by 51.9% during the 3rd quarter. Generali Asset Management SPA SGR now owns 408,691 shares of the bank’s stock worth $14,472,000 after purchasing an additional 139,630 shares during the period. Hedge funds and other institutional investors own 27.90% of the company’s stock.

More Deutsche Bank Aktiengesellschaft News

Here are the key news stories impacting Deutsche Bank Aktiengesellschaft this week:

Analyst Upgrades and Downgrades

A number of research firms have commented on DB. Morgan Stanley restated 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 note on Wednesday, January 21st. Wall Street Zen upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. Citigroup reaffirmed a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Thursday, January 22nd. Finally, Zacks Research cut Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Deutsche Bank Aktiengesellschaft currently has a consensus rating of “Hold”.

Read Our Latest Research Report on DB

Deutsche Bank Aktiengesellschaft Trading Down 6.5%

Shares of NYSE:DB opened at $29.47 on Friday. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $18.89 and a fifty-two week 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 firm’s 50-day simple moving average is $36.88 and its 200-day simple moving average is $36.36.

Deutsche Bank Aktiengesellschaft (NYSE:DBGet Free Report) last posted its quarterly earnings results on Thursday, January 29th. The bank reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate 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 net margin of 10.02% and a return on equity of 7.49%. As a group, equities 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. Stockholders of record on Monday, June 1st will be paid a dividend of $1.00 per share. This is a positive change from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.51. The ex-dividend date of this dividend is Monday, June 1st. This represents a dividend yield of 251.0%.

About Deutsche Bank Aktiengesellschaft

(Free Report)

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.

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Institutional Ownership by Quarter for Deutsche Bank Aktiengesellschaft (NYSE:DB)

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