Deutsche Bank Aktiengesellschaft $DB Shares Acquired by Public Sector Pension Investment Board

Public Sector Pension Investment Board boosted its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 7.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,598,828 shares of the bank’s stock after purchasing an additional 110,523 shares during the quarter. Public Sector Pension Investment Board owned approximately 0.08% of Deutsche Bank Aktiengesellschaft worth $56,265,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Evergreen Capital Management LLC grew its holdings in Deutsche Bank Aktiengesellschaft by 1.9% in the 2nd quarter. Evergreen Capital Management LLC now owns 15,436 shares of the bank’s stock valued at $452,000 after buying an additional 282 shares during the period. Baron Wealth Management LLC boosted its position in shares of Deutsche Bank Aktiengesellschaft by 1.1% in the third quarter. Baron Wealth Management LLC now owns 27,401 shares of the bank’s stock worth $970,000 after acquiring an additional 302 shares during the last quarter. HB Wealth Management LLC grew its holdings in Deutsche Bank Aktiengesellschaft by 3.5% in the third quarter. HB Wealth Management LLC now owns 9,057 shares of the bank’s stock valued at $321,000 after purchasing an additional 304 shares during the period. Wedbush Securities Inc. increased its position in Deutsche Bank Aktiengesellschaft by 4.2% during the third quarter. Wedbush Securities Inc. now owns 8,226 shares of the bank’s stock worth $291,000 after purchasing an additional 331 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in Deutsche Bank Aktiengesellschaft by 0.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 41,905 shares of the bank’s stock worth $1,457,000 after purchasing an additional 346 shares during the period. 27.90% of the stock is owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Price Performance

NYSE DB opened at $36.65 on Friday. The company’s fifty day simple moving average is $38.48 and its 200-day simple moving average is $36.50. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.76 and a quick ratio of 0.78. Deutsche Bank Aktiengesellschaft has a 52 week low of $18.89 and a 52 week high of $40.43.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings results on Thursday, January 29th. The bank reported $0.88 earnings per share 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 business had revenue of $8.99 billion during the quarter, compared to analyst estimates of $7.71 billion. As a group, research analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share 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 given 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 dividend yield of 251.0%.

Analyst Ratings Changes

Several research analysts recently weighed in on DB shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Wednesday, January 21st. Wall Street Zen raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Saturday, December 20th. Morgan Stanley reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, January 8th. Citigroup restated a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Thursday, January 22nd. Finally, 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. 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

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.