Aviva PLC Grows Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Aviva PLC boosted its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 4.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,377,923 shares of the bank’s stock after buying an additional 90,789 shares during the quarter. Aviva PLC owned 0.12% of Deutsche Bank Aktiengesellschaft worth $40,956,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Versant Capital Management Inc bought a new position in Deutsche Bank Aktiengesellschaft during the fourth quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB purchased a new stake in Deutsche Bank Aktiengesellschaft during the 3rd quarter valued at $43,000. Jones Financial Companies Lllp lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 1,270.5% during the 4th quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank’s stock valued at $69,000 after buying an additional 3,748 shares during the period. Activest Wealth Management purchased a new position in shares of Deutsche Bank Aktiengesellschaft in the 4th quarter worth $86,000. Finally, Smartleaf Asset Management LLC grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 218.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 7,278 shares of the bank’s stock worth $125,000 after acquiring an additional 4,992 shares during the period. Institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of NYSE:DB opened at $20.44 on Friday. The company has a market capitalization of $40.71 billion, a P/E ratio of 14.70 and a beta of 1.03. Deutsche Bank Aktiengesellschaft has a 1-year low of $13.70 and a 1-year high of $25.33. The firm’s 50 day simple moving average is $21.90 and its two-hundred day simple moving average is $18.96. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.74 and a quick ratio of 0.78.

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 analysts’ consensus estimates of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a net margin of 4.66% and a return on equity of 3.90%. Research analysts expect 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. Investors of record on Monday, May 26th will be paid a dividend of $0.5122 per share. This represents a yield of 1.7%. The ex-dividend date of this dividend is Friday, May 23rd. This is an increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. Deutsche Bank Aktiengesellschaft’s dividend payout ratio (DPR) is 15.18%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on DB. Citigroup reissued a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Royal Bank of Canada reissued an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, March 24th. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Wednesday, February 5th. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Thursday, January 30th. Finally, Barclays restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy”.

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.