Baader Bank Aktiengesellschaft Decreases Stock Holdings in Deutsche Bank Aktiengesellschaft $DB

Baader Bank Aktiengesellschaft lowered its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 19.0% during the 3rd quarter, Holdings Channel reports. The firm owned 334,163 shares of the bank’s stock after selling 78,166 shares during the period. Deutsche Bank Aktiengesellschaft makes up about 0.8% of Baader Bank Aktiengesellschaft’s investment portfolio, making the stock its 19th largest holding. Baader Bank Aktiengesellschaft’s holdings in Deutsche Bank Aktiengesellschaft were worth $11,776,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Root Financial Partners LLC purchased a new position in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter worth about $27,000. Salomon & Ludwin LLC raised its position in Deutsche Bank Aktiengesellschaft by 2,807.4% in the third quarter. Salomon & Ludwin LLC now owns 785 shares of the bank’s stock worth $28,000 after acquiring an additional 758 shares during the period. Geneos Wealth Management Inc. boosted its stake in Deutsche Bank Aktiengesellschaft by 178.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the bank’s stock valued at $40,000 after acquiring an additional 881 shares during the last quarter. Westside Investment Management Inc. grew its position in shares of Deutsche Bank Aktiengesellschaft by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 1,186 shares of the bank’s stock valued at $42,000 after acquiring an additional 593 shares during the period. Finally, MAI Capital Management increased its stake in shares of Deutsche Bank Aktiengesellschaft by 385.1% during the 2nd quarter. MAI Capital Management now owns 1,824 shares of the bank’s stock worth $53,000 after purchasing an additional 1,448 shares during the last quarter. 27.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on DB shares. Weiss Ratings reissued a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Wednesday, January 21st. Jefferies Financial Group started coverage on Deutsche Bank Aktiengesellschaft in a research report on Monday, October 20th. They set a “hold” rating on the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Thursday, January 8th. Wall Street Zen upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Saturday, December 20th. Finally, Citigroup restated a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Deutsche Bank Aktiengesellschaft currently has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Performance

Deutsche Bank Aktiengesellschaft stock opened at $37.62 on Wednesday. The firm’s 50 day simple moving average is $38.44 and its 200 day simple moving average is $36.50. The company has a quick ratio of 0.78, a current ratio of 0.76 and a debt-to-equity ratio of 1.43. Deutsche Bank Aktiengesellschaft has a 1-year low of $18.89 and a 1-year high of $40.43.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings results on Thursday, January 29th. The bank reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.16. Deutsche Bank Aktiengesellschaft had a net margin of 10.02% and a return on equity of 7.49%. The firm had revenue of $8.99 billion for the quarter, compared to analysts’ expectations of $7.71 billion. Analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 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, June 2nd. Shareholders of record on Monday, June 1st will be paid a $1.00 dividend. The ex-dividend date is Monday, June 1st. This represents a yield of 251.0%. This is an increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.51.

About Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.