Envestnet Portfolio Solutions Inc. Purchases 2,503 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Envestnet Portfolio Solutions Inc. increased its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 21.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,263 shares of the bank’s stock after purchasing an additional 2,503 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Deutsche Bank Aktiengesellschaft were worth $243,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Amundi boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 23.6% in the 4th quarter. Amundi now owns 39,176,325 shares of the bank’s stock worth $678,926,000 after buying an additional 7,484,594 shares during the last quarter. Wellington Management Group LLP grew its position in shares of Deutsche Bank Aktiengesellschaft by 332.0% during the 3rd quarter. Wellington Management Group LLP now owns 2,194,855 shares of the bank’s stock valued at $37,964,000 after acquiring an additional 1,686,776 shares during the period. Public Employees Retirement System of Ohio purchased a new position in Deutsche Bank Aktiengesellschaft in the third quarter valued at approximately $28,515,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Deutsche Bank Aktiengesellschaft by 23.5% during the third 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. Finally, Raymond James Financial Inc. purchased a new stake in Deutsche Bank Aktiengesellschaft in the fourth quarter worth $6,464,000. 27.90% of the stock is owned by institutional investors.

Deutsche Bank Aktiengesellschaft Trading Down 2.1 %

Shares of Deutsche Bank Aktiengesellschaft stock opened at $23.97 on Friday. The company’s 50-day moving average price is $21.55 and its 200-day moving average price is $18.70. The company has a market cap of $47.76 billion, a price-to-earnings ratio of 17.25 and a beta of 1.23. Deutsche Bank Aktiengesellschaft has a 12-month low of $13.70 and a 12-month high of $25.33. The company has a current ratio of 0.74, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released 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 net margin of 4.66% and a return on equity of 3.90%. On average, equities analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The firm 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 dividend of $0.5122 per share. This represents a dividend yield of 1.7%. The ex-dividend date is Friday, May 23rd. This is an increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. Deutsche Bank Aktiengesellschaft’s dividend payout ratio (DPR) is 15.18%.

Wall Street Analysts Forecast Growth

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

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.