Deutsche Bank Aktiengesellschaft $DB Shares Sold by Capital International Ltd. CA

Capital International Ltd. CA trimmed its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 6.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 791,389 shares of the bank’s stock after selling 52,768 shares during the quarter. Deutsche Bank Aktiengesellschaft accounts for approximately 1.1% of Capital International Ltd. CA’s portfolio, making the stock its 24th largest holding. Capital International Ltd. CA’s holdings in Deutsche Bank Aktiengesellschaft were worth $30,791,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in DB. Cibc World Market Inc. grew its position in Deutsche Bank Aktiengesellschaft by 121.7% during the third quarter. Cibc World Market Inc. now owns 181,591 shares of the bank’s stock worth $6,381,000 after buying an additional 99,701 shares during the period. Compagnie Lombard Odier SCmA grew its position in Deutsche Bank Aktiengesellschaft by 10.5% during the fourth quarter. Compagnie Lombard Odier SCmA now owns 629,334 shares of the bank’s stock worth $24,475,000 after buying an additional 59,925 shares during the period. Capital World Investors grew its position in Deutsche Bank Aktiengesellschaft by 1.2% during the third quarter. Capital World Investors now owns 4,442,141 shares of the bank’s stock worth $156,201,000 after buying an additional 51,972 shares during the period. Vanguard Group Inc. grew its position in Deutsche Bank Aktiengesellschaft by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 80,119,806 shares of the bank’s stock worth $3,087,737,000 after buying an additional 1,051,072 shares during the period. Finally, Caprock Group LLC acquired a new position in Deutsche Bank Aktiengesellschaft during the third quarter worth about $1,158,000. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DB has been the topic of several recent analyst reports. Wall Street Zen lowered shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research report on Saturday. Barclays downgraded shares of Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a research note on Monday, April 20th. Weiss Ratings downgraded shares of Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, May 6th. Oddo Bhf raised shares of Deutsche Bank Aktiengesellschaft to an “outperform” rating in a research note on Friday, May 8th. Finally, Citigroup raised shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research note on Thursday, April 9th. Five equities 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, the stock has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of DB stock opened at $31.54 on Friday. The firm has a market cap of $61.19 billion, a P/E ratio of 8.69, a P/E/G ratio of 0.42 and a beta of 0.93. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.74 and a quick ratio of 0.74. Deutsche Bank Aktiengesellschaft has a 1-year low of $27.13 and a 1-year high of $40.43. The firm has a fifty day moving average of $31.71 and a two-hundred day moving average of $34.60.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings data on Wednesday, April 29th. The bank reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.09. Deutsche Bank Aktiengesellschaft had a net margin of 10.43% and a return on equity of 7.69%. The company had revenue of $10.04 billion during the quarter, compared to analyst estimates of $9.85 billion. As a group, research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 4.02 earnings per share for the current fiscal year.

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.