Vanguard Group Inc. Grows Stake in Deutsche Bank Aktiengesellschaft $DB

Vanguard Group Inc. increased its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 1.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 80,119,806 shares of the bank’s stock after acquiring an additional 1,051,072 shares during the quarter. Vanguard Group Inc.’s holdings in Deutsche Bank Aktiengesellschaft were worth $3,087,737,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Root Financial Partners LLC acquired a new position in Deutsche Bank Aktiengesellschaft during the third quarter worth about $27,000. Salomon & Ludwin LLC boosted its position in Deutsche Bank Aktiengesellschaft by 2,807.4% during the third quarter. Salomon & Ludwin LLC now owns 785 shares of the bank’s stock worth $28,000 after acquiring an additional 758 shares during the last quarter. Triumph Capital Management acquired a new position in Deutsche Bank Aktiengesellschaft during the third quarter worth about $32,000. Cary Street Partners Investment Advisory LLC boosted its position in Deutsche Bank Aktiengesellschaft by 61.8% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 1,081 shares of the bank’s stock worth $38,000 after acquiring an additional 413 shares during the last quarter. Finally, Westside Investment Management Inc. boosted its position in Deutsche Bank Aktiengesellschaft by 100.0% during the third quarter. Westside Investment Management Inc. now owns 1,186 shares of the bank’s stock worth $42,000 after acquiring an additional 593 shares during the last quarter. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Deutsche Bank Aktiengesellschaft

Here are the key news stories impacting Deutsche Bank Aktiengesellschaft this week:

• Positive Sentiment: Quarterly earnings beat: DB reported $1.24 EPS vs. $1.15 expected, with solid net margin (10.02%) and ROE (7.44%), which supports the stock’s upside. Earnings & Conference Call
• Positive Sentiment: Record quarterly profit: Reports say this was the bank’s highest quarterly profit under CEO Christian Sewing (net profit ~€1.9–2.17bn), reinforcing confidence in DB’s operating recovery. Record Profit Article
• Positive Sentiment: Trading momentum improving: CFO said fixed?income and currencies trading began April “constructively,” suggesting follow?through revenue in Q2. CFO Interview
• Neutral Sentiment: Research note (macro): DB analysts forecast gold could reach $8,000/oz in five years — a high?profile research call that may boost the bank’s thought?leadership but has limited direct near?term impact on DB earnings. Gold Forecast
• Negative Sentiment: Higher credit provisions and FX headwinds: The beat came despite increased credit risk provisions and negative currency effects, which are near?term drags on profitability and could pressure margins if persistent. Reuters Profit Story
• Negative Sentiment: DWS inflows slowed: Asset?management arm DWS saw a slowdown in net inflows amid market volatility, which could weigh on fee income growth. DWS Inflows
• Negative Sentiment: Operational risk at Postbank: Germany’s Verdi union called for walkouts at Postbank branches on April 30 and May 2, risking branch closures and short?term customer disruption. Union Walkouts

Analyst Upgrades and Downgrades

DB has been the topic of a number of recent research reports. Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, January 8th. Zacks Research lowered shares of Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Weiss Ratings restated a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, April 20th. Barclays lowered shares of Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a research report on Monday, April 20th. Finally, Citigroup upgraded shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a report on Thursday, April 9th. Four equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Performance

NYSE:DB opened at $31.95 on Wednesday. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.10 and a quick ratio of 1.10. The firm has a market capitalization of $61.97 billion, a price-to-earnings ratio of 9.31, a PEG ratio of 0.41 and a beta of 1.03. The company’s 50-day moving average is $31.91 and its two-hundred day moving average is $35.24. Deutsche Bank Aktiengesellschaft has a 1-year low of $25.62 and a 1-year high of $40.43.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its earnings results on Wednesday, April 29th. The bank reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.09. Deutsche Bank Aktiengesellschaft had a net margin of 10.02% and a return on equity of 7.44%. Analysts forecast that Deutsche Bank Aktiengesellschaft will post 4.04 EPS for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The company also recently announced an annual dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Friday, May 29th will be issued a $1.00 dividend. This represents a yield of 251.0%. The ex-dividend date is Friday, May 29th. This is a positive change from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.51.

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.