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Mitsubishi UFJ Trust & Banking Corp Boosts Stock Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)


Mitsubishi UFJ Trust & Banking Corp boosted its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DBFree Report) by 5.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,855,946 shares of the bank’s stock after buying an additional 95,202 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.09% of Deutsche Bank Aktiengesellschaft worth $29,257,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Jupiter Asset Management Ltd. grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 136.2% during the first quarter. Jupiter Asset Management Ltd. now owns 816,911 shares of the bank’s stock worth $12,865,000 after purchasing an additional 470,987 shares during the last quarter. Leo Wealth LLC purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the first quarter worth about $159,000. Qsemble Capital Management LP purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the first quarter worth about $385,000. QRG Capital Management Inc. lifted its position in Deutsche Bank Aktiengesellschaft by 23.9% in the first quarter. QRG Capital Management Inc. now owns 297,594 shares of the bank’s stock valued at $4,693,000 after purchasing an additional 57,455 shares during the period. Finally, Susquehanna International Securities Ltd. lifted its position in Deutsche Bank Aktiengesellschaft by 1,521.6% in the first quarter. Susquehanna International Securities Ltd. now owns 687,124 shares of the bank’s stock valued at $10,836,000 after purchasing an additional 644,751 shares during the period. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of DB traded up $0.46 during mid-day trading on Monday, reaching $16.76. 415,240 shares of the company’s stock were exchanged, compared to its average volume of 2,659,841. The company has a market cap of $34.64 billion, a price-to-earnings ratio of 7.12, a PEG ratio of 3.14 and a beta of 1.22. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.40. Deutsche Bank Aktiengesellschaft has a 52-week low of $10.00 and a 52-week high of $17.95. The company has a 50-day simple moving average of $16.49 and a two-hundred day simple moving average of $15.23.

Deutsche Bank Aktiengesellschaft (NYSE:DBGet Free Report) last released its earnings results on Thursday, April 25th. The bank reported $0.75 EPS for the quarter, topping the consensus estimate of $0.66 by $0.09. Deutsche Bank Aktiengesellschaft had a net margin of 6.68% and a return on equity of 5.47%. The firm had revenue of $8.45 billion during the quarter, compared to analysts’ expectations of $8.13 billion. On average, sell-side analysts predict that Deutsche Bank Aktiengesellschaft will post 2.27 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Cuts Dividend

The firm also recently announced an annual dividend, which was paid on Tuesday, May 21st. Investors of record on Thursday, May 16th were issued a dividend of $0.3313 per share. The ex-dividend date was Friday, May 17th. This represents a dividend yield of 2.05%.

Wall Street Analyst Weigh In

Separately, Morgan Stanley upgraded shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, March 27th.

Get Our Latest Stock Analysis on DB

Deutsche Bank Aktiengesellschaft Company Profile

(Free Report)

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.

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