Compagnie Lombard Odier SCmA Has $2.14 Million Stake in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Compagnie Lombard Odier SCmA raised its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 7,407.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 123,880 shares of the bank’s stock after buying an additional 122,230 shares during the period. Compagnie Lombard Odier SCmA’s holdings in Deutsche Bank Aktiengesellschaft were worth $2,135,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Versant Capital Management Inc acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter worth approximately $26,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the third quarter valued at approximately $43,000. Activest Wealth Management acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the fourth quarter valued at approximately $86,000. Allworth Financial LP increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 3,738.1% in the third quarter. Allworth Financial LP now owns 8,252 shares of the bank’s stock valued at $143,000 after purchasing an additional 8,037 shares in the last quarter. Finally, Legacy Capital Group California Inc. acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the third quarter valued at approximately $195,000. Institutional investors and hedge funds own 27.90% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on DB. The Goldman Sachs Group raised shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a report on Thursday, January 30th. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Wednesday, February 5th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of Deutsche Bank Aktiengesellschaft stock opened at $19.96 on Friday. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.74 and a quick ratio of 0.78. The firm has a market cap of $39.75 billion, a P/E ratio of 14.36 and a beta of 1.22. The firm has a 50 day simple moving average of $18.33 and a 200 day simple moving average of $17.14. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $12.73 and a fifty-two week high of $20.45.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its earnings results on Thursday, January 30th. The bank reported $0.16 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a net margin of 4.66% and a return on equity of 3.90%. Sell-side analysts predict that Deutsche Bank Aktiengesellschaft will post 3.01 earnings per share 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. Shareholders of record on Monday, May 26th will be given a dividend of $0.5122 per share. 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. This represents a dividend yield of 1.7%.

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.