Exane Asset Management Buys Shares of 11,958 Deutsche Bank Aktiengesellschaft (NYSE:DB)

Exane Asset Management purchased a new stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 11,958 shares of the bank’s stock, valued at approximately $206,000. Deutsche Bank Aktiengesellschaft comprises approximately 0.1% of Exane Asset Management’s holdings, making the stock its 23rd largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Bleakley Financial Group LLC lifted its holdings in Deutsche Bank Aktiengesellschaft by 9.3% in the fourth quarter. Bleakley Financial Group LLC now owns 11,607 shares of the bank’s stock worth $198,000 after purchasing an additional 990 shares during the period. Choreo LLC lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 17.6% in the 4th quarter. Choreo LLC now owns 19,359 shares of the bank’s stock worth $331,000 after acquiring an additional 2,902 shares during the period. Custom Index Systems LLC bought a new position in shares of Deutsche Bank Aktiengesellschaft in the fourth quarter valued at approximately $215,000. Mediolanum International Funds Ltd increased its stake in shares of Deutsche Bank Aktiengesellschaft by 58.0% during the fourth quarter. Mediolanum International Funds Ltd now owns 298,327 shares of the bank’s stock valued at $5,140,000 after acquiring an additional 109,553 shares during the period. Finally, Blue Trust Inc. lifted its position in Deutsche Bank Aktiengesellschaft by 31.2% in the fourth quarter. Blue Trust Inc. now owns 37,492 shares of the bank’s stock worth $649,000 after purchasing an additional 8,907 shares during the period. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Trading Down 1.2 %

Shares of NYSE:DB opened at $19.18 on Friday. The stock has a market capitalization of $38.21 billion, a price-to-earnings ratio of 13.80 and a beta of 1.22. Deutsche Bank Aktiengesellschaft has a 1-year low of $12.43 and a 1-year high of $20.45. The company has a 50 day moving average price of $18.15 and a 200 day moving average price of $17.03. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.78 and a current ratio of 0.74.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its earnings results on Thursday, January 30th. The bank reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. On average, research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 3.01 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The company also recently announced an annual dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 26th will be given a $0.5122 dividend. This is an increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. This represents a dividend yield of 1.7%. The ex-dividend date is Friday, May 23rd. Deutsche Bank Aktiengesellschaft’s dividend payout ratio (DPR) is 51.08%.

Analyst Ratings Changes

Several brokerages have recently issued reports on DB. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Wednesday. The Goldman Sachs Group raised Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a report on Thursday, January 30th. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Deutsche Bank Aktiengesellschaft has an average rating of “Buy”.

About Deutsche Bank Aktiengesellschaft

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.