Capital International Investors Has $2.90 Billion Position in Deutsche Bank Aktiengesellschaft $DB

Capital International Investors lessened its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 4.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 82,540,535 shares of the bank’s stock after selling 4,084,862 shares during the quarter. Capital International Investors’ holdings in Deutsche Bank Aktiengesellschaft were worth $2,903,319,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its stake 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 valued at $3,005,000 after acquiring an additional 17,262 shares during the last quarter. Focus Partners Wealth acquired a new position in Deutsche Bank Aktiengesellschaft during the 1st quarter worth about $795,000. Sivia Capital Partners LLC acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the second quarter valued at about $413,000. Savant Capital LLC raised its position in shares of Deutsche Bank Aktiengesellschaft by 33.0% during the second quarter. Savant Capital LLC now owns 11,529 shares of the bank’s stock worth $338,000 after acquiring an additional 2,863 shares during the last quarter. Finally, Wedbush Securities Inc. acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the second quarter worth approximately $231,000. 27.90% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Deutsche Bank Aktiengesellschaft Trading Up 1.1%

Shares of DB stock opened at $31.59 on Tuesday. The firm has a 50 day moving average of $37.34 and a 200-day moving average of $36.48. The company has a quick ratio of 0.78, a current ratio of 0.76 and a debt-to-equity ratio of 1.43. 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 earnings results on Thursday, January 29th. The bank reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.16. The company had revenue of $8.99 billion for the quarter, compared to the consensus estimate of $7.71 billion. Deutsche Bank Aktiengesellschaft had a net margin of 10.02% and a return on equity of 7.49%. Sell-side analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The company also recently announced an annual dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Monday, June 1st will be paid a $1.00 dividend. The ex-dividend date is Monday, June 1st. This represents a dividend yield of 251.0%. This is a boost from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.51.

Deutsche Bank Aktiengesellschaft 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.