Jones Financial Companies Lllp Purchases 3,748 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Jones Financial Companies Lllp grew its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 1,270.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,043 shares of the bank’s stock after purchasing an additional 3,748 shares during the period. Jones Financial Companies Lllp’s holdings in Deutsche Bank Aktiengesellschaft were worth $69,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Natixis Advisors LLC raised its holdings in Deutsche Bank Aktiengesellschaft by 2.0% during the third quarter. Natixis Advisors LLC now owns 354,479 shares of the bank’s stock worth $6,136,000 after acquiring an additional 7,062 shares in the last quarter. Baron Wealth Management LLC bought a new stake in Deutsche Bank Aktiengesellschaft during the third quarter worth about $221,000. Caprock Group LLC raised its holdings in Deutsche Bank Aktiengesellschaft by 10.1% during the third quarter. Caprock Group LLC now owns 22,369 shares of the bank’s stock worth $387,000 after acquiring an additional 2,056 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Deutsche Bank Aktiengesellschaft by 16.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 143,505 shares of the bank’s stock worth $2,484,000 after acquiring an additional 20,478 shares in the last quarter. Finally, Cerity Partners LLC raised its holdings in Deutsche Bank Aktiengesellschaft by 77.2% during the third quarter. Cerity Partners LLC now owns 98,381 shares of the bank’s stock worth $1,703,000 after acquiring an additional 42,860 shares in the last quarter. 27.90% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on DB. The Goldman Sachs Group upgraded Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Thursday, January 30th. Barclays restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Wednesday, February 5th. Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. Finally, Citigroup restated a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy”.

Deutsche Bank Aktiengesellschaft Price Performance

Deutsche Bank Aktiengesellschaft stock opened at $23.95 on Tuesday. Deutsche Bank Aktiengesellschaft has a 12 month low of $13.70 and a 12 month high of $24.44. The stock’s 50 day moving average is $20.36 and its 200-day moving average is $18.21. The company has a current ratio of 0.74, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. The company has a market capitalization of $47.70 billion, a price-to-earnings ratio of 17.23 and a beta of 1.23.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its earnings results on Thursday, January 30th. The bank reported $0.16 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a net margin of 4.66% and a return on equity of 3.90%. Equities research analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The business also recently declared an annual dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 26th will be given a dividend of $0.5122 per share. The ex-dividend date of this dividend is Friday, May 23rd. This represents a yield of 1.7%. This is an increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. Deutsche Bank Aktiengesellschaft’s dividend 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.