O Shaughnessy Asset Management LLC Acquires 47,854 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

O Shaughnessy Asset Management LLC increased its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 15.3% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 360,767 shares of the bank’s stock after purchasing an additional 47,854 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $5,689,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. First Trust Direct Indexing L.P. increased its position in Deutsche Bank Aktiengesellschaft by 1.3% in the first quarter. First Trust Direct Indexing L.P. now owns 47,872 shares of the bank’s stock worth $755,000 after purchasing an additional 630 shares during the last quarter. Ballentine Partners LLC increased its position in Deutsche Bank Aktiengesellschaft by 8.7% in the fourth quarter. Ballentine Partners LLC now owns 11,193 shares of the bank’s stock worth $152,000 after purchasing an additional 899 shares during the last quarter. Drive Wealth Management LLC increased its position in Deutsche Bank Aktiengesellschaft by 8.4% in the first quarter. Drive Wealth Management LLC now owns 12,024 shares of the bank’s stock worth $190,000 after purchasing an additional 934 shares during the last quarter. Aprio Wealth Management LLC increased its position in Deutsche Bank Aktiengesellschaft by 8.1% in the first quarter. Aprio Wealth Management LLC now owns 14,082 shares of the bank’s stock worth $222,000 after purchasing an additional 1,050 shares during the last quarter. Finally, Parallel Advisors LLC increased its position in Deutsche Bank Aktiengesellschaft by 26.9% in the fourth quarter. Parallel Advisors LLC now owns 5,483 shares of the bank’s stock worth $74,000 after purchasing an additional 1,163 shares during the last quarter. Institutional investors own 27.90% of the company’s stock.

Analyst Upgrades and Downgrades

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.

Deutsche Bank Aktiengesellschaft Trading Up 0.6 %

DB stock traded up $0.10 during mid-day trading on Tuesday, reaching $17.03. 1,769,879 shares of the stock traded hands, compared to its average volume of 2,664,591. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.80 and a current ratio of 0.80. Deutsche Bank Aktiengesellschaft has a one year low of $10.00 and a one year high of $17.95. The stock has a market capitalization of $35.20 billion, a PE ratio of 7.43, a PEG ratio of 3.14 and a beta of 1.22. The business has a 50-day moving average price of $16.49 and a two-hundred day moving average price of $15.25.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its quarterly earnings data on Thursday, April 25th. The bank reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $8.45 billion for the quarter, compared to analysts’ expectations of $8.13 billion. Equities research analysts expect that Deutsche Bank Aktiengesellschaft will post 2.27 EPS for the current year.

Deutsche Bank Aktiengesellschaft Cuts Dividend

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

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.