Capital International Inc. CA Decreases Stock Position in Deutsche Bank Aktiengesellschaft $DB

Capital International Inc. CA decreased its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 9.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,066,351 shares of the bank’s stock after selling 519,610 shares during the quarter. Deutsche Bank Aktiengesellschaft makes up 1.4% of Capital International Inc. CA’s portfolio, making the stock its 11th biggest position. Capital International Inc. CA owned 0.25% of Deutsche Bank Aktiengesellschaft worth $178,158,000 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

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

Deutsche Bank Aktiengesellschaft Price Performance

DB opened at $31.59 on Tuesday. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.76 and a quick ratio of 0.78. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $18.89 and a fifty-two week high of $40.43. The business has a fifty day simple moving average of $37.34 and a 200-day simple moving average of $36.48.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its earnings results on Thursday, January 29th. The bank reported $0.88 EPS for the quarter, topping the consensus estimate of $0.72 by $0.16. The company had revenue of $8.99 billion during the quarter, compared to analysts’ expectations of $7.71 billion. Deutsche Bank Aktiengesellschaft had a net margin of 10.02% and a return on equity of 7.49%. On average, equities analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Monday, June 1st will be issued a $1.00 dividend. The ex-dividend date is Monday, June 1st. This represents a dividend yield of 251.0%. This is a positive change from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.51.

Deutsche Bank Aktiengesellschaft 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.