National Bank of Canada FI Buys 1,965 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

National Bank of Canada FI raised its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 9.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 23,152 shares of the bank’s stock after acquiring an additional 1,965 shares during the quarter. National Bank of Canada FI’s holdings in Deutsche Bank Aktiengesellschaft were worth $399,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in DB. Venturi Wealth Management LLC boosted its position in Deutsche Bank Aktiengesellschaft by 1.6% in the fourth quarter. Venturi Wealth Management LLC now owns 32,990 shares of the bank’s stock valued at $562,000 after buying an additional 513 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in Deutsche Bank Aktiengesellschaft by 3.9% in the fourth quarter. Sequoia Financial Advisors LLC now owns 14,189 shares of the bank’s stock valued at $242,000 after buying an additional 537 shares in the last quarter. Truist Financial Corp boosted its position in Deutsche Bank Aktiengesellschaft by 4.8% in the fourth quarter. Truist Financial Corp now owns 13,801 shares of the bank’s stock valued at $235,000 after buying an additional 636 shares in the last quarter. Bleakley Financial Group LLC boosted its position in Deutsche Bank Aktiengesellschaft by 9.3% in the fourth quarter. Bleakley Financial Group LLC now owns 11,607 shares of the bank’s stock valued at $198,000 after buying an additional 990 shares in the last quarter. Finally, Congress Wealth Management LLC DE boosted its position in Deutsche Bank Aktiengesellschaft by 9.0% in the fourth quarter. Congress Wealth Management LLC DE now owns 12,844 shares of the bank’s stock valued at $219,000 after buying an additional 1,065 shares in the last quarter. Institutional investors own 27.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on DB shares. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Wednesday, February 5th. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research report on Thursday, January 30th. Barclays reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Royal Bank of Canada reiterated an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, March 24th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, March 7th. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy”.

Deutsche Bank Aktiengesellschaft Stock Up 11.4 %

Deutsche Bank Aktiengesellschaft stock opened at $22.11 on Thursday. The stock has a market capitalization of $44.03 billion, a PE ratio of 15.90 and a beta of 1.03. Deutsche Bank Aktiengesellschaft has a twelve month low of $13.70 and a twelve month high of $25.33. The company has a quick ratio of 0.78, a current ratio of 0.74 and a debt-to-equity ratio of 1.45. The company has a 50 day moving average of $21.97 and a 200-day moving average of $19.08.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings results on Thursday, January 30th. The bank reported $0.16 earnings per share 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%. On average, equities research analysts anticipate 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 issued 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 yield of 1.7%. Deutsche Bank Aktiengesellschaft’s dividend payout ratio is presently 15.18%.

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.