Jane Street Group LLC Buys 251,413 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Jane Street Group LLC raised its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 23.2% in the 1st quarter, Holdings Channel reports. The firm owned 1,335,540 shares of the bank’s stock after purchasing an additional 251,413 shares during the quarter. Jane Street Group LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $21,061,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in Deutsche Bank Aktiengesellschaft by 30.8% during the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 13,559,579 shares of the bank’s stock worth $185,233,000 after acquiring an additional 3,196,091 shares during the period. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH grew its holdings in Deutsche Bank Aktiengesellschaft by 10.4% during the 1st quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 1,620,402 shares of the bank’s stock worth $25,519,000 after acquiring an additional 152,498 shares during the period. Canada Pension Plan Investment Board grew its holdings in Deutsche Bank Aktiengesellschaft by 14.7% during the 1st quarter. Canada Pension Plan Investment Board now owns 4,089,532 shares of the bank’s stock worth $64,404,000 after acquiring an additional 524,175 shares during the period. Jupiter Asset Management Ltd. grew its stake in shares of Deutsche Bank Aktiengesellschaft by 136.2% in the 1st quarter. Jupiter Asset Management Ltd. now owns 816,911 shares of the bank’s stock valued at $12,865,000 after buying an additional 470,987 shares during the period. Finally, Trexquant Investment LP acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the 4th quarter valued at about $1,652,000. 27.90% of the stock is owned by institutional investors.

Deutsche Bank Aktiengesellschaft Stock Down 1.7 %

DB stock traded down $0.26 during mid-day trading on Thursday, reaching $15.30. 325,098 shares of the company traded hands, compared to its average volume of 2,631,521. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $10.00 and a fifty-two week high of $17.95. The firm’s 50 day moving average price is $16.31 and its 200 day moving average price is $15.34. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.43. The stock has a market cap of $31.62 billion, a price-to-earnings ratio of 6.79, a P/E/G ratio of 2.48 and a beta of 1.22.

Deutsche Bank Aktiengesellschaft Cuts Dividend

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

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Friday, July 26th.

About Deutsche Bank Aktiengesellschaft

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.