Vontobel Holding Ltd. Has $10.69 Million Stock Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Vontobel Holding Ltd. lowered its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 29.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 620,909 shares of the bank’s stock after selling 261,471 shares during the period. Vontobel Holding Ltd.’s holdings in Deutsche Bank Aktiengesellschaft were worth $10,694,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Versant Capital Management Inc bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter worth about $26,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the third quarter worth about $43,000. Activest Wealth Management bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter worth about $86,000. Allworth Financial LP increased its position in shares of Deutsche Bank Aktiengesellschaft by 3,738.1% during the third quarter. Allworth Financial LP now owns 8,252 shares of the bank’s stock worth $143,000 after acquiring an additional 8,037 shares in the last quarter. Finally, Legacy Capital Group California Inc. bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the third quarter worth about $195,000. Institutional investors and hedge funds own 27.90% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented 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. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Deutsche Bank Aktiengesellschaft Trading Up 1.3 %

Shares of DB stock opened at $20.21 on Friday. Deutsche Bank Aktiengesellschaft has a 52-week low of $12.75 and a 52-week high of $20.45. 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 company has a 50-day simple moving average of $18.38 and a two-hundred day simple moving average of $17.17. The company has a market capitalization of $40.25 billion, a price-to-earnings ratio of 14.54 and a beta of 1.22.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings data on Thursday, January 30th. The bank reported $0.16 earnings per share (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%. Research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 3.01 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

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

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.