Andra AP fonden Has $4.25 Million Stock Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Andra AP fonden lowered its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 13.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 255,523 shares of the bank’s stock after selling 39,981 shares during the quarter. Andra AP fonden’s holdings in Deutsche Bank Aktiengesellschaft were worth $4,252,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in DB. Versant Capital Management Inc bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the third quarter worth $43,000. Jones Financial Companies Lllp increased its stake in shares of Deutsche Bank Aktiengesellschaft by 1,270.5% in the 4th quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank’s stock valued at $69,000 after acquiring an additional 3,748 shares during the last quarter. Activest Wealth Management bought a new position in Deutsche Bank Aktiengesellschaft during the fourth quarter worth about $86,000. Finally, Smartleaf Asset Management LLC increased 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 in the last quarter. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Up 0.6 %

Deutsche Bank Aktiengesellschaft stock opened at $24.16 on Friday. The firm has a 50 day moving average price of $19.61 and a two-hundred day moving average price of $17.89. Deutsche Bank Aktiengesellschaft has a 52-week low of $13.70 and a 52-week high of $24.44. The firm has a market cap of $48.12 billion, a price-to-earnings ratio of 17.38 and a beta of 1.23. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.78 and a current ratio of 0.74.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted 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 return on equity of 3.90% and a net margin of 4.66%. Equities analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 26th will be issued a $0.5122 dividend. The ex-dividend date 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 currently 15.18%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on DB shares. Citigroup reiterated a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Wednesday, February 5th. Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Barclays restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Finally, The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Thursday, January 30th. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

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.