Commerzbank Aktiengesellschaft FI Has $62.53 Million Stock Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Commerzbank Aktiengesellschaft FI reduced its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 30.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,667,554 shares of the bank’s stock after selling 1,591,938 shares during the period. Deutsche Bank Aktiengesellschaft comprises about 1.5% of Commerzbank Aktiengesellschaft FI’s holdings, making the stock its 23rd largest position. Commerzbank Aktiengesellschaft FI owned approximately 0.18% of Deutsche Bank Aktiengesellschaft worth $62,532,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wellington Management Group LLP lifted its position in shares of Deutsche Bank Aktiengesellschaft by 332.0% in the third quarter. Wellington Management Group LLP now owns 2,194,855 shares of the bank’s stock worth $37,964,000 after buying an additional 1,686,776 shares during the last quarter. Cerity Partners LLC increased its position in shares of Deutsche Bank Aktiengesellschaft by 77.2% during the third quarter. Cerity Partners LLC now owns 98,381 shares of the bank’s stock valued at $1,703,000 after purchasing an additional 42,860 shares during the period. Ritholtz Wealth Management raised its stake in shares of Deutsche Bank Aktiengesellschaft by 10.9% in the 4th quarter. Ritholtz Wealth Management now owns 162,545 shares of the bank’s stock valued at $2,771,000 after buying an additional 15,917 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in Deutsche Bank Aktiengesellschaft by 31.7% during the fourth quarter. Assenagon Asset Management S.A. now owns 120,572 shares of the bank’s stock worth $2,078,000 after purchasing an additional 29,042 shares during the period. Finally, Plato Investment Management Ltd lifted its position in shares of Deutsche Bank Aktiengesellschaft by 53.7% during the 4th quarter. Plato Investment Management Ltd now owns 383,517 shares of the bank’s stock worth $6,632,000 after buying an additional 133,960 shares during the period. 27.90% of the stock is owned by hedge funds and other institutional investors.

Deutsche Bank Aktiengesellschaft Stock Up 0.4 %

Shares of Deutsche Bank Aktiengesellschaft stock opened at $21.58 on Tuesday. 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 has a 52-week low of $13.57 and a 52-week high of $22.14. The firm has a market cap of $42.99 billion, a PE ratio of 15.53 and a beta of 1.22. The business’s 50 day simple moving average is $19.13 and its 200 day simple moving average is $17.69.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its earnings results on Thursday, January 30th. The bank reported $0.16 earnings per share (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, analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The company also recently announced an annual dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 26th will be issued a $0.5122 dividend. This represents a dividend yield of 1.7%. This is a boost from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. The ex-dividend date is Friday, May 23rd. Deutsche Bank Aktiengesellschaft’s dividend payout ratio is presently 15.18%.

Analyst Ratings Changes

A number of equities analysts have commented on DB shares. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research report on Thursday, January 30th. Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Citigroup reiterated a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Barclays reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Finally, StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Wednesday, February 5th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

About Deutsche Bank Aktiengesellschaft

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.