Blue Trust Inc. Lowers Stock Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Blue Trust Inc. lowered its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 57.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,276 shares of the bank’s stock after selling 16,309 shares during the quarter. Blue Trust Inc.’s holdings in Deutsche Bank Aktiengesellschaft were worth $209,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Commerzbank Aktiengesellschaft FI lifted its position in Deutsche Bank Aktiengesellschaft by 31,975.7% during the third quarter. Commerzbank Aktiengesellschaft FI now owns 5,259,492 shares of the bank’s stock valued at $91,042,000 after buying an additional 5,275,992 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its position 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 buying an additional 483,788 shares during the period. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH lifted its position in Deutsche Bank Aktiengesellschaft by 2.1% during the fourth quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 2,286,316 shares of the bank’s stock valued at $39,492,000 after buying an additional 46,192 shares during the period. Wellington Management Group LLP raised 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 purchasing an additional 1,686,776 shares during the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter worth about $28,515,000. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Analyst Ratings Changes

DB has been the subject of several recent analyst reports. The Goldman Sachs Group raised Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research report on Thursday, January 30th. StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Wednesday, February 5th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Deutsche Bank Aktiengesellschaft presently has an average rating of “Buy”.

Deutsche Bank Aktiengesellschaft Price Performance

NYSE DB opened at $20.27 on Thursday. Deutsche Bank Aktiengesellschaft has a one year low of $12.79 and a one year high of $20.96. The stock has a 50-day moving average of $18.54 and a 200 day moving average of $17.29. The company has a market capitalization of $40.37 billion, a price-to-earnings ratio of 14.58 and a beta of 1.22. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.78 and a current ratio of 0.74.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings data 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 return on equity of 3.90% and a net margin of 4.66%. On average, sell-side analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 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. Investors of record on Monday, May 26th will be issued a $0.5122 dividend. This represents a yield of 1.7%. This is an increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. The ex-dividend date is Friday, May 23rd.

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.