Deutsche Bank Aktiengesellschaft (NYSE:DB) Stock Holdings Lessened by Syon Capital LLC

Syon Capital LLC lessened its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 9.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 18,421 shares of the bank’s stock after selling 1,960 shares during the period. Syon Capital LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $250,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 30.8% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 13,559,579 shares of the bank’s stock valued at $185,233,000 after purchasing an additional 3,196,091 shares during the last quarter. Strategic Global Advisors LLC grew its stake in Deutsche Bank Aktiengesellschaft by 51.2% during the 4th quarter. Strategic Global Advisors LLC now owns 26,306 shares of the bank’s stock worth $356,000 after buying an additional 8,904 shares during the last quarter. Seven Eight Capital LP acquired a new stake in Deutsche Bank Aktiengesellschaft in the fourth quarter worth $816,000. Prudential PLC lifted its stake in Deutsche Bank Aktiengesellschaft by 2.3% in the fourth quarter. Prudential PLC now owns 205,546 shares of the bank’s stock valued at $2,806,000 after buying an additional 4,548 shares during the last quarter. Finally, Crossmark Global Holdings Inc. boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 8.1% during the fourth quarter. Crossmark Global Holdings Inc. now owns 128,224 shares of the bank’s stock valued at $1,738,000 after acquiring an additional 9,574 shares during the period. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of DB opened at $15.79 on Tuesday. The firm has a market capitalization of $32.63 billion, a PE ratio of 6.90, a P/E/G ratio of 0.86 and a beta of 1.25. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.40. The firm has a 50-day moving average price of $16.53 and a 200 day moving average price of $14.67. Deutsche Bank Aktiengesellschaft has a 52-week low of $9.82 and a 52-week high of $17.95.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its quarterly earnings data on Thursday, April 25th. The bank reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.09. Deutsche Bank Aktiengesellschaft had a net margin of 6.68% and a return on equity of 5.47%. The business had revenue of $8.45 billion during the quarter, compared to analysts’ expectations of $8.13 billion. On average, sell-side analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.26 earnings per share for the current fiscal year.

Deutsche Bank Aktiengesellschaft Cuts Dividend

The company also recently declared an annual dividend, which was paid on Tuesday, May 21st. Stockholders of record on Thursday, May 16th were given a dividend of $0.3313 per share. This represents a dividend yield of 2.05%. The ex-dividend date of this dividend was Friday, May 17th.

Wall Street Analyst Weigh In

DB has been the topic of a number of analyst reports. Erste Group Bank raised shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a report on Wednesday, March 13th. Morgan Stanley raised Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a report on Wednesday, March 27th. Finally, StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Monday, March 18th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

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.