Baader Bank Aktiengesellschaft Has $11.78 Million Stock Holdings in Deutsche Bank Aktiengesellschaft $DB

Baader Bank Aktiengesellschaft lowered its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 19.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 334,163 shares of the bank’s stock after selling 78,166 shares during the quarter. Deutsche Bank Aktiengesellschaft accounts for approximately 0.8% of Baader Bank Aktiengesellschaft’s investment portfolio, making the stock its 19th largest position. Baader Bank Aktiengesellschaft’s holdings in Deutsche Bank Aktiengesellschaft were worth $11,776,000 at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

DB has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Wednesday, January 21st. Wall Street Zen upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, January 8th. Jefferies Financial Group began coverage on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, October 20th. They set a “hold” rating for the company. Finally, Zacks Research cut shares of Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of Deutsche Bank Aktiengesellschaft stock opened at $37.62 on Wednesday. The business has a 50-day simple moving average of $38.44 and a 200 day simple moving average of $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 one year low of $18.89 and a one year high of $40.43.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings data on Thursday, January 29th. The bank reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.16. Deutsche Bank Aktiengesellschaft had a return on equity of 7.49% and a net margin of 10.02%.The firm had revenue of $8.99 billion during the quarter, compared to analysts’ expectations of $7.71 billion. As a group, analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Monday, June 1st will be paid a $1.00 dividend. This represents a dividend yield of 251.0%. This is a boost from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.51. The ex-dividend date of this dividend is Monday, June 1st.

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.