Jupiter Asset Management Ltd. Cuts Stake in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Jupiter Asset Management Ltd. decreased its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 52.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,394,199 shares of the bank’s stock after selling 1,510,733 shares during the period. Jupiter Asset Management Ltd. owned about 0.07% of Deutsche Bank Aktiengesellschaft worth $24,023,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sequoia Financial Advisors LLC lifted its position in Deutsche Bank Aktiengesellschaft by 3.9% in the fourth quarter. Sequoia Financial Advisors LLC now owns 14,189 shares of the bank’s stock valued at $242,000 after purchasing an additional 537 shares during the period. Amundi lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 23.6% in the fourth quarter. Amundi now owns 39,176,325 shares of the bank’s stock valued at $678,926,000 after purchasing an additional 7,484,594 shares during the period. PNC Financial Services Group Inc. boosted its holdings in Deutsche Bank Aktiengesellschaft by 28.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 35,214 shares of the bank’s stock worth $600,000 after buying an additional 7,810 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the 4th quarter valued at approximately $1,493,000. Finally, Callan Family Office LLC purchased a new stake in shares of Deutsche Bank Aktiengesellschaft during the 4th quarter worth approximately $1,320,000. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DB has been the subject of several research reports. StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Wednesday, February 5th. Citigroup reiterated a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, March 7th. Barclays reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Finally, The Goldman Sachs Group raised shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Thursday, January 30th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft Price Performance

DB opened at $23.38 on Thursday. Deutsche Bank Aktiengesellschaft has a 1 year low of $13.70 and a 1 year high of $24.44. The company’s 50 day simple moving average is $19.98 and its 200 day simple moving average is $18.04. The stock has a market capitalization of $46.56 billion, a PE ratio of 16.82 and a beta of 1.23. 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 announced its quarterly earnings results on Thursday, January 30th. The bank reported $0.16 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. As a group, sell-side analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Monday, May 26th will be given a $0.5122 dividend. The ex-dividend date is Friday, May 23rd. This is a positive change from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. This represents a yield of 1.7%. Deutsche Bank Aktiengesellschaft’s dividend payout ratio (DPR) is 15.18%.

Deutsche Bank Aktiengesellschaft Company 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.