TD Asset Management Inc Has $5.67 Million Stock Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

TD Asset Management Inc grew its stake in Deutsche Bank Aktiengesellschaft (NYSE:DBFree Report) by 1.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 414,752 shares of the bank’s stock after purchasing an additional 5,442 shares during the quarter. TD Asset Management Inc’s holdings in Deutsche Bank Aktiengesellschaft were worth $5,665,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Ballentine Partners LLC raised its stake in Deutsche Bank Aktiengesellschaft by 8.7% during the 4th quarter. Ballentine Partners LLC now owns 11,193 shares of the bank’s stock worth $152,000 after buying an additional 899 shares during the period. Dorsey & Whitney Trust CO LLC increased its holdings in Deutsche Bank Aktiengesellschaft by 6.2% during the 3rd quarter. Dorsey & Whitney Trust CO LLC now owns 19,293 shares of the bank’s stock worth $212,000 after purchasing an additional 1,128 shares in the last quarter. Parallel Advisors LLC increased its holdings in Deutsche Bank Aktiengesellschaft by 26.9% during the 4th quarter. Parallel Advisors LLC now owns 5,483 shares of the bank’s stock worth $74,000 after purchasing an additional 1,163 shares in the last quarter. First Trust Direct Indexing L.P. increased its holdings in Deutsche Bank Aktiengesellschaft by 3.1% during the 4th quarter. First Trust Direct Indexing L.P. now owns 47,242 shares of the bank’s stock worth $640,000 after purchasing an additional 1,423 shares in the last quarter. Finally, Mariner LLC increased its holdings in Deutsche Bank Aktiengesellschaft by 1.3% during the 3rd quarter. Mariner LLC now owns 116,849 shares of the bank’s stock worth $1,284,000 after purchasing an additional 1,447 shares in the last quarter. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Trading Down 0.1 %

Deutsche Bank Aktiengesellschaft stock opened at $16.38 on Thursday. Deutsche Bank Aktiengesellschaft has a 52 week low of $9.82 and a 52 week high of $17.95. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.80 and a current ratio of 0.80. The stock has a market capitalization of $33.85 billion, a P/E ratio of 7.15, a PEG ratio of 0.93 and a beta of 1.25. The stock has a 50-day simple moving average of $16.49 and a 200 day simple moving average of $14.46.

Deutsche Bank Aktiengesellschaft (NYSE:DBGet Free Report) last posted its quarterly earnings results on Thursday, April 25th. The bank reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.09. Deutsche Bank Aktiengesellschaft had a return on equity of 5.47% and a net margin of 6.68%. The business had revenue of $8.45 billion during the quarter, compared to analysts’ expectations of $8.13 billion. Analysts expect that Deutsche Bank Aktiengesellschaft will post 2.26 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft Cuts Dividend

The business also recently disclosed an annual dividend, which was paid on Tuesday, May 21st. Shareholders of record on Thursday, May 16th were given a dividend of $0.3313 per share. The ex-dividend date of this dividend was Friday, May 17th. This represents a yield of 2.05%.

Analyst Upgrades and Downgrades

DB has been the subject of a number of research reports. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Monday, March 18th. Erste Group Bank upgraded Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a report on Wednesday, March 13th. Finally, Morgan Stanley upgraded Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a report on Wednesday, March 27th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Deutsche Bank Aktiengesellschaft presently has an average rating of “Hold”.

Check Out Our Latest Research Report on Deutsche Bank Aktiengesellschaft

About Deutsche Bank Aktiengesellschaft

(Free Report)

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.

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Institutional Ownership by Quarter for Deutsche Bank Aktiengesellschaft (NYSE:DB)

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