Jones Financial Companies Lllp Has $69,000 Stock Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Jones Financial Companies Lllp raised its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 1,270.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,043 shares of the bank’s stock after purchasing an additional 3,748 shares during the quarter. Jones Financial Companies Lllp’s holdings in Deutsche Bank Aktiengesellschaft were worth $69,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Venturi Wealth Management LLC lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 1.6% in the 4th quarter. Venturi Wealth Management LLC now owns 32,990 shares of the bank’s stock valued at $562,000 after acquiring an additional 513 shares during the last quarter. Truist Financial Corp lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 4.8% in the 4th quarter. Truist Financial Corp now owns 13,801 shares of the bank’s stock valued at $235,000 after acquiring an additional 636 shares during the last quarter. Bleakley Financial Group LLC lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 9.3% in the 4th quarter. Bleakley Financial Group LLC now owns 11,607 shares of the bank’s stock valued at $198,000 after acquiring an additional 990 shares during the last quarter. Park Avenue Securities LLC lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 5.1% in the 4th quarter. Park Avenue Securities LLC now owns 23,083 shares of the bank’s stock valued at $394,000 after acquiring an additional 1,113 shares during the last quarter. Finally, Versant Capital Management Inc bought a new position in shares of Deutsche Bank Aktiengesellschaft in the 4th quarter valued at $26,000. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of Deutsche Bank Aktiengesellschaft stock opened at $23.95 on Tuesday. 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 business has a 50-day moving average price of $20.36 and a two-hundred day moving average price of $18.21. Deutsche Bank Aktiengesellschaft has a 1-year low of $13.70 and a 1-year high of $24.44. The company has a market cap of $47.70 billion, a P/E ratio of 17.23 and a beta of 1.23.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings results on Thursday, January 30th. The bank reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. As a group, analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The company also recently announced an annual dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 26th will be paid a $0.5122 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This is an increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. This represents a dividend yield of 1.7%. Deutsche Bank Aktiengesellschaft’s dividend payout ratio (DPR) is currently 15.18%.

Wall Street Analysts Forecast Growth

DB has been the subject of several analyst reports. Morgan Stanley reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, March 7th. Barclays reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Wednesday, February 5th. Citigroup reaffirmed a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Finally, The Goldman Sachs Group raised Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research report on Thursday, January 30th. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Deutsche Bank Aktiengesellschaft 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.