Henry James International Management Inc. Trims Stake in Commerzbank AG (OTCMKTS:CRZBY)

Henry James International Management Inc. reduced its holdings in Commerzbank AG (OTCMKTS:CRZBY) by 26.7% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,325 shares of the financial services provider’s stock after selling 3,764 shares during the quarter. Henry James International Management Inc.’s holdings in Commerzbank were worth $122,000 at the end of the most recent reporting period.

Commerzbank Price Performance

OTCMKTS CRZBY traded down $0.17 on Friday, reaching $14.85. 10,664 shares of the company’s stock traded hands, compared to its average volume of 16,949. The stock has a market cap of $18.42 billion, a PE ratio of 8.53 and a beta of 1.07. Commerzbank AG has a 12 month low of $9.72 and a 12 month high of $15.27. The stock has a 50-day simple moving average of $13.55 and a 200 day simple moving average of $12.33.

Commerzbank (OTCMKTS:CRZBY) last announced its quarterly earnings data on Tuesday, March 19th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter. Commerzbank had a return on equity of 6.30% and a net margin of 10.17%. The firm had revenue of $2.29 billion for the quarter. As a group, analysts anticipate that Commerzbank AG will post 2.09 EPS for the current year.

Commerzbank Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, May 16th. Investors of record on Friday, May 3rd will be issued a dividend of $0.2575 per share. The ex-dividend date of this dividend is Thursday, May 2nd. This is an increase from Commerzbank’s previous dividend of $0.14. Commerzbank’s payout ratio is currently 14.77%.

About Commerzbank

Commerzbank AG provides banking and capital market products and services to private and small business customers, corporate, financial service providers, and institutional clients in Germany, rest of Europe, the Americas, Asia, and internationally. It operates through two segments, Private and Small-Business Customers, and Corporate Clients.