MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH Raises Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH boosted its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 10.4% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,620,402 shares of the bank’s stock after buying an additional 152,498 shares during the quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH owned approximately 0.08% of Deutsche Bank Aktiengesellschaft worth $25,519,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of DB. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 30.8% during the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 13,559,579 shares of the bank’s stock worth $185,233,000 after purchasing an additional 3,196,091 shares during the period. Trexquant Investment LP purchased a new position in Deutsche Bank Aktiengesellschaft during the fourth quarter worth about $1,652,000. Seven Eight Capital LP acquired a new stake in Deutsche Bank Aktiengesellschaft in the 4th quarter worth about $816,000. American Century Companies Inc. grew its holdings in Deutsche Bank Aktiengesellschaft by 5.6% in the 3rd quarter. American Century Companies Inc. now owns 676,884 shares of the bank’s stock valued at $7,439,000 after buying an additional 36,012 shares during the period. Finally, Toronto Dominion Bank acquired a new position in shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter valued at about $10,511,000. Institutional investors and hedge funds own 27.90% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on DB. Erste Group Bank upgraded Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a report on Wednesday, March 13th. Morgan Stanley raised shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, March 27th. Finally, StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Monday, March 18th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Down 1.2 %

Shares of DB traded down $0.20 during trading on Tuesday, reaching $16.41. The company’s stock had a trading volume of 1,173,574 shares, compared to its average volume of 2,809,930. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.40. Deutsche Bank Aktiengesellschaft has a twelve month low of $9.82 and a twelve month high of $17.95. The company has a fifty day moving average of $16.54 and a two-hundred day moving average of $14.91. The company has a market cap of $33.92 billion, a price-to-earnings ratio of 7.13, a P/E/G ratio of 0.88 and a beta of 1.22.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its quarterly earnings data on Thursday, April 25th. The bank reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.09. Deutsche Bank Aktiengesellschaft had a net margin of 6.68% and a return on equity of 5.47%. The business had revenue of $8.45 billion during the quarter, compared to analysts’ expectations of $8.13 billion. On average, sell-side analysts predict that Deutsche Bank Aktiengesellschaft will post 2.25 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Cuts Dividend

The business also recently declared an annual dividend, which was paid on Tuesday, May 21st. Shareholders of record on Thursday, May 16th were issued a $0.3313 dividend. The ex-dividend date was Friday, May 17th. This represents a dividend yield of 2.05%. Deutsche Bank Aktiengesellschaft’s dividend payout ratio is currently 21.40%.

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.