Capital International Sarl Buys 92,514 Shares of Deutsche Bank Aktiengesellschaft $DB

Capital International Sarl increased its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 6.3% in the third quarter, Holdings Channel.com reports. The firm owned 1,564,216 shares of the bank’s stock after purchasing an additional 92,514 shares during the quarter. Deutsche Bank Aktiengesellschaft makes up approximately 1.0% of Capital International Sarl’s investment portfolio, making the stock its 26th largest position. Capital International Sarl’s holdings in Deutsche Bank Aktiengesellschaft were worth $55,039,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of DB. Root Financial Partners LLC acquired a new position in shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter worth about $27,000. Salomon & Ludwin LLC grew its position in shares of Deutsche Bank Aktiengesellschaft by 2,807.4% in the third quarter. Salomon & Ludwin LLC now owns 785 shares of the bank’s stock valued at $28,000 after purchasing an additional 758 shares during the last quarter. Cary Street Partners Investment Advisory LLC lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 61.8% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 1,081 shares of the bank’s stock worth $38,000 after buying an additional 413 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in Deutsche Bank Aktiengesellschaft by 178.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the bank’s stock valued at $40,000 after purchasing an additional 881 shares during the period. Finally, Westside Investment Management Inc. raised its holdings in Deutsche Bank Aktiengesellschaft by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 1,186 shares of the bank’s stock valued at $42,000 after acquiring an additional 593 shares in the last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have commented on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Wednesday, January 21st. Wall Street Zen raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Saturday, December 20th. Citigroup reaffirmed a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, January 22nd. Zacks Research cut shares of Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Finally, Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of DB opened at $31.59 on Tuesday. The stock has a 50 day moving average of $37.34 and a 200 day moving average of $36.48. Deutsche Bank Aktiengesellschaft has a 12 month low of $18.89 and a 12 month high of $40.43. The company has a quick ratio of 0.78, a current ratio of 0.76 and a debt-to-equity ratio of 1.43.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings data on Thursday, January 29th. The bank reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.16. Deutsche Bank Aktiengesellschaft had a return on equity of 7.49% and a net margin of 10.02%.The firm had revenue of $8.99 billion during the quarter, compared to the consensus estimate of $7.71 billion. As a group, analysts expect 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, June 2nd. Shareholders of record on Monday, June 1st will be given a $1.00 dividend. This is an increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.51. This represents a yield of 251.0%. The ex-dividend date of this dividend is Monday, June 1st.

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.