Compagnie Lombard Odier SCmA Increases Stake in Deutsche Bank Aktiengesellschaft

Compagnie Lombard Odier SCmA has significantly increased its investment in Deutsche Bank Aktiengesellschaft (NYSE:DB) during the fourth quarter, boosting its holdings by an impressive 7,407.9%. According to the firm's recent Form 13F filing with the Securities and Exchange Commission (SEC), Compagnie Lombard Odier SCmA acquired an additional 122,230 shares, bringing its total ownership to 123,880 shares. The market value of these holdings was reported at approximately $2,135,000.

In recent months, several other hedge funds have also adjusted their positions in Deutsche Bank. For instance, Commerzbank Aktiengesellschaft FI raised its stake by an astounding 31,975.7% in the third quarter, resulting in ownership of 5,259,492 shares valued at around $91,042,000 after acquiring an additional 5,275,992 shares. Similarly, Wellington Management Group LLP increased its stake by 332.0%, acquiring 1,686,776 additional shares to reach a total of 2,194,855 shares, valued at $37,964,000.

Another noteworthy move came from the Public Employees Retirement System of Ohio, which established a new position in Deutsche Bank worth about $28,515,000. Allspring Global Investments Holdings LLC increased its position by a staggering 329,898.6%, acquiring an additional 699,385 shares to total 699,597 shares valued at around $12,101,000. Furthermore, M&G PLC also bought into Deutsche Bank during this timeframe, adding a stake worth roughly $10,354,000. Currently, institutional investors hold approximately 27.90% of Deutsche Bank's stock.

Analyst Opinions

Recent activities in the analyst community regarding Deutsche Bank have also been notable. The Goldman Sachs Group has upgraded Deutsche Bank shares to a "strong-buy" rating as of January 30th, while StockNews.com raised its rating from "hold" to "buy" on February 5th. Overall, one analyst has assigned a hold rating, three have given a buy rating, and one has awarded a strong buy rating. According to MarketBeat, Deutsche Bank currently has a consensus rating of "Buy."

Current Stock Performance

As of the latest trading session, Deutsche Bank shares opened at $19.96. The bank boasts a market capitalization of $39.75 billion and a price-to-earnings ratio of 14.36, with a current beta of 1.22. It has a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. Over the past year, the stock has seen a low of $12.73 and a high of $20.45. The stock’s moving averages stand at $18.33 for the last 50 days and $17.14 for the last 200 days.

Earnings Report

Deutsche Bank last reported its quarterly earnings on January 30th, revealing earnings per share (EPS) of $0.16. This result fell short of analysts' consensus estimates of $0.43 by $0.27. The bank's return on equity was 3.90%, with a net margin reported at 4.66%. Analysts anticipate that Deutsche Bank will report an EPS of 3.01 for the current fiscal year.

Dividend Declaration

Additionally, Deutsche Bank recently announced an annual dividend that is set to be paid out on May 27th. Shareholders on record as of May 26th will receive a dividend of $0.5122 per share, marking an increase from the previous annual dividend of $0.33. The ex-dividend date is scheduled for May 23rd, resulting in a dividend yield of 1.7%.

About Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft is a stock corporation that provides an array of financial services, including corporate and investment banking and asset management. The bank caters to a diverse clientele, which includes private individuals, corporate entities, and institutional clients across Germany, the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia-Pacific region.

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