Generali Asset Management SPA SGR Takes $3.93 Million Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Generali Asset Management SPA SGR purchased a new position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 236,158 shares of the bank’s stock, valued at approximately $3,930,000.

Several other large investors have also bought and sold shares of the business. Amundi raised its position in shares of Deutsche Bank Aktiengesellschaft by 23.6% during the 4th quarter. Amundi now owns 39,176,325 shares of the bank’s stock valued at $678,926,000 after acquiring an additional 7,484,594 shares during the last quarter. Wellington Management Group LLP lifted its stake in 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 valued at $37,964,000 after buying an additional 1,686,776 shares during the period. Public Employees Retirement System of Ohio bought a new position in Deutsche Bank Aktiengesellschaft during the third quarter worth about $28,515,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Deutsche Bank Aktiengesellschaft by 23.5% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,546,283 shares of the bank’s stock worth $44,042,000 after buying an additional 483,788 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in shares of Deutsche Bank Aktiengesellschaft in the 4th quarter valued at about $6,464,000. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DB has been the topic of several recent analyst reports. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Wednesday, February 5th. The Goldman Sachs Group raised shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research report on Thursday, January 30th. Citigroup restated a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, March 7th. Finally, Barclays restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. One 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’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy”.

Deutsche Bank Aktiengesellschaft Stock Up 4.0 %

Shares of DB stock opened at $24.91 on Wednesday. Deutsche Bank Aktiengesellschaft has a 12-month low of $13.70 and a 12-month high of $25.05. The company has a quick ratio of 0.78, a current ratio of 0.74 and a debt-to-equity ratio of 1.45. The firm has a fifty day moving average of $20.51 and a 200-day moving average of $18.27. The company has a market capitalization of $49.61 billion, a price-to-earnings ratio of 17.92 and a beta of 1.23.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings results on Thursday, January 30th. The bank reported $0.16 earnings per share (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%. As a group, equities research analysts predict 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 paid a dividend of $0.5122 per share. This is a boost from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. This represents a dividend yield of 1.7%. The ex-dividend date is Friday, May 23rd. Deutsche Bank Aktiengesellschaft’s dividend payout ratio (DPR) 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.