Achmea Investment Management B.V. Has $1.54 Million Stake in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Achmea Investment Management B.V. trimmed its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 26.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 89,497 shares of the bank’s stock after selling 31,735 shares during the quarter. Achmea Investment Management B.V.’s holdings in Deutsche Bank Aktiengesellschaft were worth $1,542,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Amundi increased its position in Deutsche Bank Aktiengesellschaft by 23.6% during the fourth quarter. Amundi now owns 39,176,325 shares of the bank’s stock worth $678,926,000 after buying an additional 7,484,594 shares during the last quarter. Bank of New York Mellon Corp increased its position in Deutsche Bank Aktiengesellschaft by 2.9% during the fourth quarter. Bank of New York Mellon Corp now owns 3,132,515 shares of the bank’s stock worth $53,409,000 after buying an additional 88,606 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Deutsche Bank Aktiengesellschaft by 23.5% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,546,283 shares of the bank’s stock worth $44,042,000 after buying an additional 483,788 shares during the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH increased its position in Deutsche Bank Aktiengesellschaft by 2.1% during the fourth quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 2,286,316 shares of the bank’s stock worth $39,492,000 after buying an additional 46,192 shares during the last quarter. Finally, Wellington Management Group LLP increased its position in Deutsche Bank Aktiengesellschaft by 332.0% during the third quarter. Wellington Management Group LLP now owns 2,194,855 shares of the bank’s stock worth $37,964,000 after buying an additional 1,686,776 shares during the last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Stock Up 5.3 %

NYSE DB opened at $24.20 on Friday. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.78 and a current ratio of 0.74. The firm has a 50-day simple moving average of $20.23 and a 200 day simple moving average of $18.13. Deutsche Bank Aktiengesellschaft has a twelve month low of $13.70 and a twelve month high of $24.44. The stock has a market cap of $48.20 billion, a PE ratio of 17.41 and a beta of 1.23.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its earnings results on Thursday, January 30th. The bank reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a net margin of 4.66% and a return on equity of 3.90%. On average, research analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The business also recently announced an annual dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 26th will be paid a $0.5122 dividend. This represents a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, May 23rd. This is a boost from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. Deutsche Bank Aktiengesellschaft’s dividend payout ratio (DPR) is presently 15.18%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on DB shares. Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, March 7th. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Wednesday, February 5th. Barclays restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a report on Thursday, January 30th. Finally, Citigroup restated a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Deutsche Bank Aktiengesellschaft has a consensus rating of “Buy”.

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.