Deutsche Bank Aktiengesellschaft $DB Stock Position Trimmed by Westerkirk Capital Inc.

Westerkirk Capital Inc. decreased its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 30.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 39,890 shares of the bank’s stock after selling 17,550 shares during the period. Westerkirk Capital Inc.’s holdings in Deutsche Bank Aktiengesellschaft were worth $1,413,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in DB. AQR Capital Management LLC boosted its position in shares of Deutsche Bank Aktiengesellschaft by 15.9% during the first quarter. AQR Capital Management LLC now owns 126,101 shares of the bank’s stock worth $3,005,000 after buying an additional 17,262 shares during the period. Focus Partners Wealth acquired a new position in Deutsche Bank Aktiengesellschaft during the 1st quarter worth $795,000. Sivia Capital Partners LLC bought a new position in shares of Deutsche Bank Aktiengesellschaft in the second quarter worth $413,000. Bleakley Financial Group LLC grew its stake in shares of Deutsche Bank Aktiengesellschaft by 21.5% in the second quarter. Bleakley Financial Group LLC now owns 71,887 shares of the bank’s stock worth $2,105,000 after purchasing an additional 12,707 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the second quarter valued at about $1,551,000. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Trading Up 2.5%

Shares of NYSE:DB opened at $36.70 on Friday. The stock has a market capitalization of $73.11 billion, a price-to-earnings ratio of 10.70, a PEG ratio of 0.48 and a beta of 0.95. Deutsche Bank Aktiengesellschaft has a 1-year low of $18.89 and a 1-year high of $40.43. The company has a 50 day moving average price of $38.32 and a 200 day moving average price of $36.64. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.78 and a current ratio of 0.76.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings data on Thursday, January 29th. The bank reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.16. The company had revenue of $8.99 billion during the quarter, compared to the consensus estimate of $7.71 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 7.49% and a net margin of 10.02%. On average, research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The business also recently declared an annual dividend, which will be paid on Tuesday, June 2nd. Investors of record on Monday, June 1st will be paid a $1.00 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a yield of 251.0%. This is an increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.51. Deutsche Bank Aktiengesellschaft’s dividend payout ratio (DPR) is 6.15%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on DB shares. Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, January 8th. Zacks Research lowered shares of Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Wednesday, January 21st. Citigroup reissued a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Thursday, January 22nd. Finally, Wall Street Zen raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Saturday, December 20th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average 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.