Compagnie Lombard Odier SCmA Buys 59,925 Shares of Deutsche Bank Aktiengesellschaft $DB

Compagnie Lombard Odier SCmA grew its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 10.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 629,334 shares of the bank’s stock after purchasing an additional 59,925 shares during the period. Compagnie Lombard Odier SCmA’s holdings in Deutsche Bank Aktiengesellschaft were worth $24,475,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Amundi grew its holdings in Deutsche Bank Aktiengesellschaft by 22.0% during the 3rd quarter. Amundi now owns 49,597,003 shares of the bank’s stock valued at $1,732,919,000 after buying an additional 8,932,484 shares in the last quarter. Credit Agricole S A purchased a new stake in shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter worth approximately $237,336,000. Viking Global Investors LP bought a new position in shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter valued at approximately $214,593,000. Liontrust Investment Partners LLP bought a new position in shares of Deutsche Bank Aktiengesellschaft during the 2nd quarter valued at approximately $147,318,000. Finally, Banco Santander S.A. grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 4,258.7% in the third quarter. Banco Santander S.A. now owns 3,884,422 shares of the bank’s stock valued at $137,547,000 after purchasing an additional 3,795,304 shares in the last quarter. 27.90% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DB has been the topic of a number of recent research reports. Zacks Research downgraded shares of Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Weiss Ratings reissued a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Wednesday, January 21st. Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, January 8th. Wall Street Zen downgraded shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Finally, Citigroup reiterated a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Deutsche Bank Aktiengesellschaft currently has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Up 2.3%

Shares of DB opened at $30.46 on Thursday. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.39. The business has a fifty day moving average of $34.19 and a 200 day moving average of $35.73. The company has a market cap of $59.08 billion, a PE ratio of 8.88, a P/E/G ratio of 0.39 and a beta of 1.03. Deutsche Bank Aktiengesellschaft has a 52-week low of $18.89 and a 52-week high of $40.43.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its earnings results on Thursday, January 29th. The bank reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.16. The business had revenue of $8.99 billion for the quarter, compared to the consensus estimate of $7.71 billion. Deutsche Bank Aktiengesellschaft had a net margin of 10.02% and a return on equity of 7.44%. On average, sell-side analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The company also recently disclosed 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 of this dividend is Monday, June 1st. This is an increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.51. This represents a yield of 251.0%.

Deutsche Bank Aktiengesellschaft Company Profile

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.