Banco Santander S.A. Has $13.75 Million Stake in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Banco Santander S.A. decreased its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 20.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 806,405 shares of the bank’s stock after selling 207,717 shares during the quarter. Banco Santander S.A.’s holdings in Deutsche Bank Aktiengesellschaft were worth $13,749,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Venturi Wealth Management LLC boosted its holdings in Deutsche Bank Aktiengesellschaft by 1.6% in the fourth quarter. Venturi Wealth Management LLC now owns 32,990 shares of the bank’s stock valued at $562,000 after acquiring an additional 513 shares during the last quarter. Truist Financial Corp grew its position in Deutsche Bank Aktiengesellschaft by 4.8% in the 4th quarter. Truist Financial Corp now owns 13,801 shares of the bank’s stock valued at $235,000 after purchasing an additional 636 shares during the period. Bleakley Financial Group LLC grew its position in Deutsche Bank Aktiengesellschaft by 9.3% in the 4th quarter. Bleakley Financial Group LLC now owns 11,607 shares of the bank’s stock valued at $198,000 after purchasing an additional 990 shares during the period. Park Avenue Securities LLC grew its position in Deutsche Bank Aktiengesellschaft by 5.1% in the 4th quarter. Park Avenue Securities LLC now owns 23,083 shares of the bank’s stock valued at $394,000 after purchasing an additional 1,113 shares during the period. Finally, Versant Capital Management Inc acquired a new stake in Deutsche Bank Aktiengesellschaft in the 4th quarter valued at $26,000. Institutional investors and hedge funds own 27.90% of the company’s stock.

Analyst Ratings Changes

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

Deutsche Bank Aktiengesellschaft Price Performance

Shares of NYSE:DB opened at $24.16 on Friday. The company has a current ratio of 0.74, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. The stock’s fifty day simple moving average is $19.47 and its two-hundred day simple moving average is $17.81. Deutsche Bank Aktiengesellschaft has a 1-year low of $13.70 and a 1-year high of $24.44. The stock has a market cap of $48.12 billion, a PE ratio of 17.38 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 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. As a group, analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

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

Deutsche Bank Aktiengesellschaft 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.