American Century Companies Inc. Boosts Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

American Century Companies Inc. lifted its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 4.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 897,108 shares of the bank’s stock after purchasing an additional 38,486 shares during the quarter. American Century Companies Inc.’s holdings in Deutsche Bank Aktiengesellschaft were worth $15,296,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DB. Royal London Asset Management Ltd. increased its stake in Deutsche Bank Aktiengesellschaft by 7.3% during the fourth quarter. Royal London Asset Management Ltd. now owns 357,371 shares of the bank’s stock worth $6,093,000 after acquiring an additional 24,412 shares during the last quarter. Generali Asset Management SPA SGR acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the 4th quarter worth about $3,930,000. Signaturefd LLC raised its holdings in Deutsche Bank Aktiengesellschaft by 3.9% in the 4th quarter. Signaturefd LLC now owns 36,781 shares of the bank’s stock valued at $627,000 after buying an additional 1,378 shares during the period. Envestnet Portfolio Solutions Inc. lifted its position in Deutsche Bank Aktiengesellschaft by 21.3% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 14,263 shares of the bank’s stock valued at $243,000 after buying an additional 2,503 shares during the last quarter. Finally, Natixis Advisors LLC boosted its stake in Deutsche Bank Aktiengesellschaft by 1.7% during the fourth quarter. Natixis Advisors LLC now owns 360,383 shares of the bank’s stock worth $6,145,000 after buying an additional 5,904 shares during the period. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of DB stock opened at $23.86 on Tuesday. Deutsche Bank Aktiengesellschaft has a 52 week low of $13.70 and a 52 week high of $25.33. The firm has a 50 day moving average of $21.64 and a two-hundred day moving average of $18.80. The company has a quick ratio of 0.78, a current ratio of 0.74 and a debt-to-equity ratio of 1.45. The stock has a market capitalization of $47.53 billion, a PE ratio of 17.16 and a beta of 1.23.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its earnings results on Thursday, January 30th. The bank reported $0.16 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. On average, research analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The company also recently announced an annual dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 26th will be paid a dividend of $0.5122 per share. This represents a dividend yield of 1.7%. This is a positive change from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.33. The ex-dividend date is Friday, May 23rd. Deutsche Bank Aktiengesellschaft’s dividend payout ratio is presently 15.18%.

Wall Street Analysts Forecast Growth

DB has been the topic of a number of research analyst reports. Morgan Stanley reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. The Goldman Sachs Group upgraded Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Thursday, January 30th. Royal Bank of Canada reaffirmed an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, March 24th. StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Wednesday, February 5th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Buy”.

About Deutsche Bank Aktiengesellschaft

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.