Canada Pension Plan Investment Board Has $64.40 Million Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Canada Pension Plan Investment Board grew its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 14.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,089,532 shares of the bank’s stock after acquiring an additional 524,175 shares during the period. Canada Pension Plan Investment Board owned 0.20% of Deutsche Bank Aktiengesellschaft worth $64,404,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DB. Blue Trust Inc. raised its position in shares of Deutsche Bank Aktiengesellschaft by 221.4% in the fourth quarter. Blue Trust Inc. now owns 3,882 shares of the bank’s stock valued at $53,000 after buying an additional 2,674 shares in the last quarter. Parallel Advisors LLC raised its position in shares of Deutsche Bank Aktiengesellschaft by 26.9% in the fourth quarter. Parallel Advisors LLC now owns 5,483 shares of the bank’s stock valued at $74,000 after buying an additional 1,163 shares in the last quarter. Headlands Technologies LLC acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the fourth quarter valued at approximately $119,000. M&T Bank Corp acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the fourth quarter valued at approximately $148,000. Finally, Ballentine Partners LLC raised its position in shares of Deutsche Bank Aktiengesellschaft by 8.7% in the fourth quarter. Ballentine Partners LLC now owns 11,193 shares of the bank’s stock valued at $152,000 after buying an additional 899 shares in the last quarter. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Friday.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of NYSE:DB opened at $15.67 on Friday. The company’s 50 day simple moving average is $16.38 and its 200 day simple moving average is $15.30. The stock has a market capitalization of $32.39 billion, a price-to-earnings ratio of 6.84, a price-to-earnings-growth ratio of 2.46 and a beta of 1.22. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.78 and a quick ratio of 0.80. Deutsche Bank Aktiengesellschaft has a 1 year low of $10.00 and a 1 year high of $17.95.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings data on Thursday, April 25th. The bank reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.09. The business had revenue of $8.45 billion for the quarter, compared to analysts’ expectations of $8.13 billion. Deutsche Bank Aktiengesellschaft had a net margin of 5.56% and a return on equity of 4.69%. As a group, research analysts predict that Deutsche Bank Aktiengesellschaft will post 2.29 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Cuts Dividend

The company also recently disclosed an annual dividend, which was paid on Tuesday, May 21st. Investors of record on Thursday, May 16th were paid a $0.3313 dividend. The ex-dividend date was Friday, May 17th. This represents a yield of 2.05%.

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.