Marshall Wace LLP Buys 2,369,480 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Marshall Wace LLP grew its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 18.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 15,034,039 shares of the bank’s stock after acquiring an additional 2,369,480 shares during the period. Marshall Wace LLP’s holdings in Deutsche Bank Aktiengesellschaft were worth $258,903,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter worth $773,016,000. Amundi increased its holdings in Deutsche Bank Aktiengesellschaft by 23.6% during the 4th quarter. Amundi now owns 39,176,325 shares of the bank’s stock worth $678,926,000 after purchasing an additional 7,484,594 shares in the last quarter. Franklin Resources Inc. raised its stake in shares of Deutsche Bank Aktiengesellschaft by 199.8% in the 4th quarter. Franklin Resources Inc. now owns 12,931,689 shares of the bank’s stock valued at $222,715,000 after purchasing an additional 8,617,662 shares during the period. Grantham Mayo Van Otterloo & Co. LLC lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 72.3% in the fourth quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 5,400,467 shares of the bank’s stock valued at $93,054,000 after purchasing an additional 2,266,996 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 19.8% during the fourth quarter. Russell Investments Group Ltd. now owns 4,339,113 shares of the bank’s stock worth $74,729,000 after buying an additional 715,798 shares in the last quarter. Institutional investors own 27.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on DB. Citigroup reaffirmed a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. The Goldman Sachs Group raised shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research report on Thursday, January 30th. Barclays restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Wednesday, February 5th. Finally, Royal Bank of Canada reiterated an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, March 24th. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Deutsche Bank Aktiengesellschaft presently has a consensus rating of “Buy”.

Deutsche Bank Aktiengesellschaft Stock Up 2.0 %

Deutsche Bank Aktiengesellschaft stock opened at $23.56 on Wednesday. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $13.70 and a fifty-two week high of $25.33. The firm has a market capitalization of $46.92 billion, a PE ratio of 16.95 and a beta of 1.03. The company’s 50-day moving average is $22.26 and its 200-day moving average is $19.23. 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 quarterly earnings data on Thursday, January 30th. The bank reported $0.16 earnings per share (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 anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

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