Campbell & CO Investment Adviser LLC Sells 5,189 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Campbell & CO Investment Adviser LLC cut its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 4.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 116,106 shares of the bank’s stock after selling 5,189 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $1,573,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Ballentine Partners LLC raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 8.7% in the 4th quarter. Ballentine Partners LLC now owns 11,193 shares of the bank’s stock valued at $152,000 after purchasing an additional 899 shares during the period. Assenagon Asset Management S.A. grew its stake in Deutsche Bank Aktiengesellschaft by 1.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 108,153 shares of the bank’s stock valued at $1,197,000 after buying an additional 1,100 shares during the last quarter. Dorsey & Whitney Trust CO LLC grew its stake in Deutsche Bank Aktiengesellschaft by 6.2% in the 3rd quarter. Dorsey & Whitney Trust CO LLC now owns 19,293 shares of the bank’s stock valued at $212,000 after buying an additional 1,128 shares during the last quarter. Parallel Advisors LLC grew its stake in Deutsche Bank Aktiengesellschaft by 26.9% in the 4th quarter. Parallel Advisors LLC now owns 5,483 shares of the bank’s stock valued at $74,000 after buying an additional 1,163 shares during the last quarter. Finally, First Trust Direct Indexing L.P. grew its stake in Deutsche Bank Aktiengesellschaft by 3.1% in the 4th quarter. First Trust Direct Indexing L.P. now owns 47,242 shares of the bank’s stock valued at $640,000 after buying an additional 1,423 shares during the last quarter. 27.90% of the stock is owned by institutional investors.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of NYSE:DB traded up $0.05 on Monday, reaching $16.73. 699,948 shares of the company’s stock were exchanged, compared to its average volume of 3,072,558. The company has a fifty day moving average of $16.43 and a 200-day moving average of $14.38. Deutsche Bank Aktiengesellschaft has a twelve month low of $9.82 and a twelve month high of $17.95. The company has a market capitalization of $34.58 billion, a price-to-earnings ratio of 7.28, a PEG ratio of 0.92 and a beta of 1.25. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.40.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its earnings results on Thursday, April 25th. The bank reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.09. Deutsche Bank Aktiengesellschaft had a net margin of 6.68% and a return on equity of 5.47%. The firm had revenue of $8.45 billion for the quarter, compared to analyst estimates of $8.13 billion. On average, research analysts predict that Deutsche Bank Aktiengesellschaft will post 2.26 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Cuts Dividend

The company also recently declared an annual dividend, which was paid on Tuesday, May 21st. Stockholders of record on Thursday, May 16th were issued a dividend of $0.3313 per share. This represents a dividend yield of 2.05%. The ex-dividend date of this dividend was Friday, May 17th.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Monday, March 18th. Erste Group Bank upgraded shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research note on Wednesday, March 13th. Finally, Morgan Stanley upgraded shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, March 27th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

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.