Choreo LLC Buys 2,902 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Choreo LLC raised its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 17.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,359 shares of the bank’s stock after acquiring an additional 2,902 shares during the period. Choreo LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $331,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of DB. Commerzbank Aktiengesellschaft FI grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 31,975.7% during the third quarter. Commerzbank Aktiengesellschaft FI now owns 5,259,492 shares of the bank’s stock worth $91,042,000 after purchasing an additional 5,275,992 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 23.5% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,546,283 shares of the bank’s stock worth $44,042,000 after purchasing an additional 483,788 shares during the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 2.1% during the fourth quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 2,286,316 shares of the bank’s stock worth $39,492,000 after purchasing an additional 46,192 shares during the last quarter. Wellington Management Group LLP grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 332.0% during the third quarter. Wellington Management Group LLP now owns 2,194,855 shares of the bank’s stock worth $37,964,000 after purchasing an additional 1,686,776 shares during the last quarter. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the third quarter worth $28,515,000. 27.90% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have recently commented on DB shares. The Goldman Sachs Group upgraded Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a report on Thursday, January 30th. StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Wednesday, February 5th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

Deutsche Bank Aktiengesellschaft Trading Down 0.8 %

NYSE:DB opened at $19.96 on Friday. Deutsche Bank Aktiengesellschaft has a 1-year low of $12.73 and a 1-year high of $20.45. The business’s 50-day moving average price is $18.33 and its two-hundred day moving average price is $17.14. The company has a current ratio of 0.74, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. The firm has a market capitalization of $39.75 billion, a price-to-earnings ratio of 14.36 and a beta of 1.22.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its earnings results on Thursday, January 30th. The bank reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a net margin of 4.66% and a return on equity of 3.90%. On average, equities analysts expect that Deutsche Bank Aktiengesellschaft will post 3.01 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 26th will be given a dividend of $0.5122 per share. The ex-dividend date is Friday, May 23rd. This represents a dividend yield of 1.7%. This is a positive change from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33.

Deutsche Bank Aktiengesellschaft Company 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.