Deutsche Bank Aktiengesellschaft $DB Shares Purchased by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI increased its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 4.3% during the 4th quarter, Holdings Channel reports. The fund owned 3,258,795 shares of the bank’s stock after purchasing an additional 133,218 shares during the quarter. Deutsche Bank Aktiengesellschaft makes up about 2.6% of Commerzbank Aktiengesellschaft FI’s investment portfolio, making the stock its 13th largest position. Commerzbank Aktiengesellschaft FI’s holdings in Deutsche Bank Aktiengesellschaft were worth $125,659,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Root Financial Partners LLC acquired a new stake in Deutsche Bank Aktiengesellschaft during the third quarter worth about $27,000. Triumph Capital Management acquired a new stake in Deutsche Bank Aktiengesellschaft during the third quarter worth about $32,000. Cary Street Partners Investment Advisory LLC grew its holdings 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 period. Westside Investment Management Inc. grew its holdings 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 period. Finally, Geneos Wealth Management Inc. grew its holdings in Deutsche Bank Aktiengesellschaft by 178.0% during the second quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the bank’s stock worth $40,000 after acquiring an additional 881 shares during the period. 27.90% of the stock is owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Stock Down 2.6%

Shares of DB opened at $30.92 on Friday. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.40. Deutsche Bank Aktiengesellschaft has a 12 month low of $27.13 and a 12 month high of $40.43. The stock’s 50 day moving average is $31.05 and its two-hundred day moving average is $35.03. The firm has a market cap of $59.98 billion, a P/E ratio of 8.52, a PEG ratio of 0.42 and a beta of 0.94.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings data on Wednesday, April 29th. The bank reported $1.24 EPS for the quarter, beating the consensus estimate of $1.15 by $0.09. The company had revenue of $10.04 billion for the quarter, compared to analyst estimates of $9.85 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 7.69% and a net margin of 10.43%. Analysts predict that Deutsche Bank Aktiengesellschaft will post 4.01 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on DB. Oddo Bhf raised Deutsche Bank Aktiengesellschaft to an “outperform” rating in a report on Friday, May 8th. Weiss Ratings lowered Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 6th. Wall Street Zen raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Saturday. Citigroup raised Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a report on Thursday, April 9th. Finally, Barclays lowered Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a report on Monday, April 20th. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

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.