Fiera Capital Corp Has $6.64 Million Stock Position in Deutsche Bank Aktiengesellschaft $DB

Fiera Capital Corp lessened its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 32.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 187,620 shares of the bank’s stock after selling 90,953 shares during the quarter. Fiera Capital Corp’s holdings in Deutsche Bank Aktiengesellschaft were worth $6,644,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of DB. Root Financial Partners LLC bought a new position in Deutsche Bank Aktiengesellschaft in the third quarter worth $27,000. Salomon & Ludwin LLC raised its stake in shares of Deutsche Bank Aktiengesellschaft by 2,807.4% in the 3rd quarter. Salomon & Ludwin LLC now owns 785 shares of the bank’s stock valued at $28,000 after buying an additional 758 shares in the last quarter. Westside Investment Management Inc. lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 1,186 shares of the bank’s stock worth $42,000 after acquiring an additional 593 shares during the period. Geneos Wealth Management Inc. boosted its position in shares of Deutsche Bank Aktiengesellschaft by 178.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the bank’s stock valued at $40,000 after acquiring an additional 881 shares in the last quarter. Finally, MAI Capital Management increased its stake in Deutsche Bank Aktiengesellschaft by 385.1% in the second quarter. MAI Capital Management now owns 1,824 shares of the bank’s stock valued at $53,000 after acquiring an additional 1,448 shares during the period. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Price Performance

Deutsche Bank Aktiengesellschaft stock opened at $36.70 on Friday. The business’s fifty day moving average is $38.32 and its two-hundred day moving average is $36.64. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.78 and a current ratio of 0.76. The firm has a market cap of $73.11 billion, a P/E ratio of 10.70, a P/E/G ratio of 0.48 and a beta of 0.95. Deutsche Bank Aktiengesellschaft has a 52 week low of $18.89 and a 52 week high of $40.43.

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

Deutsche Bank Aktiengesellschaft Increases Dividend

The business also recently announced an annual dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Monday, June 1st will be paid a $1.00 dividend. This is a boost from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.51. This represents a dividend yield of 251.0%. The ex-dividend date of this dividend is Monday, June 1st. Deutsche Bank Aktiengesellschaft’s payout ratio is presently 6.15%.

Wall Street Analysts Forecast Growth

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

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.