Corient Private Wealth LLC Reduces Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Corient Private Wealth LLC trimmed its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 14.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 100,994 shares of the bank’s stock after selling 17,468 shares during the quarter. Corient Private Wealth LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $1,722,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DB. Amundi increased its position 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 acquiring an additional 7,484,594 shares during the period. Bank of New York Mellon Corp grew its stake in shares of Deutsche Bank Aktiengesellschaft by 2.9% in the fourth quarter. Bank of New York Mellon Corp now owns 3,132,515 shares of the bank’s stock worth $53,409,000 after purchasing an additional 88,606 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Deutsche Bank Aktiengesellschaft by 23.5% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,546,283 shares of the bank’s stock valued at $44,042,000 after purchasing an additional 483,788 shares during the period. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH lifted its holdings in Deutsche Bank Aktiengesellschaft by 2.1% in the 4th quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 2,286,316 shares of the bank’s stock worth $39,492,000 after buying an additional 46,192 shares during the period. Finally, Wellington Management Group LLP grew its position in shares of Deutsche Bank Aktiengesellschaft by 332.0% in the 3rd quarter. Wellington Management Group LLP now owns 2,194,855 shares of the bank’s stock worth $37,964,000 after buying an additional 1,686,776 shares during the last quarter. 27.90% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on DB shares. The Goldman Sachs Group upgraded Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a report on Thursday, January 30th. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Wednesday, February 5th. Barclays reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Citigroup reaffirmed a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Finally, Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. One equities research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Deutsche Bank Aktiengesellschaft Trading Up 2.2 %

Shares of NYSE DB opened at $24.77 on Tuesday. The stock has a market cap of $49.35 billion, a P/E ratio of 17.82 and a beta of 1.23. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.74 and a quick ratio of 0.78. Deutsche Bank Aktiengesellschaft has a 1 year low of $13.70 and a 1 year high of $25.03. The firm has a 50-day moving average of $21.08 and a 200 day moving average of $18.50.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings results on Thursday, January 30th. The bank reported $0.16 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%. As a group, sell-side analysts expect 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, May 27th. Stockholders of record on Monday, May 26th will be given a $0.5122 dividend. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, May 23rd. This is a positive change from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. Deutsche Bank Aktiengesellschaft’s payout ratio is currently 15.18%.

Deutsche Bank Aktiengesellschaft 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.