Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC reduced its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 2.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,286 shares of the bank’s stock after selling 1,219 shares during the period. Janney Montgomery Scott LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $891,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DB. Park Avenue Securities LLC lifted its holdings in Deutsche Bank Aktiengesellschaft by 5.1% in the fourth quarter. Park Avenue Securities LLC now owns 23,083 shares of the bank’s stock valued at $394,000 after acquiring an additional 1,113 shares during the last quarter. Versant Capital Management Inc acquired a new position in shares of Deutsche Bank Aktiengesellschaft during the 4th quarter worth about $26,000. US Bancorp DE raised its stake in Deutsche Bank Aktiengesellschaft by 3.5% during the 3rd quarter. US Bancorp DE now owns 46,587 shares of the bank’s stock worth $806,000 after acquiring an additional 1,590 shares in the last quarter. Atomi Financial Group Inc. lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 9.7% in the 4th quarter. Atomi Financial Group Inc. now owns 19,810 shares of the bank’s stock valued at $338,000 after purchasing an additional 1,749 shares during the last quarter. Finally, Caprock Group LLC increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 10.1% in the 3rd quarter. Caprock Group LLC now owns 22,369 shares of the bank’s stock valued at $387,000 after acquiring an additional 2,056 shares during the period. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Price Performance

DB opened at $19.42 on Friday. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.78 and a current ratio of 0.74. The stock has a market capitalization of $38.68 billion, a PE ratio of 13.97 and a beta of 1.22. The company’s 50 day simple moving average is $18.11 and its 200 day simple moving average is $17.02. Deutsche Bank Aktiengesellschaft has a 1 year low of $12.43 and a 1 year high of $20.45.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings results on Thursday, January 30th. The bank reported $0.16 earnings per share 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 3.01 EPS for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on DB shares. The Goldman Sachs Group raised Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a report on Thursday, January 30th. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Wednesday. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy”.

Deutsche Bank Aktiengesellschaft Company 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.