Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Acquired by Signaturefd LLC

Signaturefd LLC lifted its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 5.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,753 shares of the bank’s stock after purchasing an additional 1,670 shares during the period. Signaturefd LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $403,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Deutsche Bank AG raised its holdings in Deutsche Bank Aktiengesellschaft by 64.0% in the third quarter. Deutsche Bank AG now owns 53,995,538 shares of the bank’s stock valued at $593,411,000 after acquiring an additional 21,080,301 shares in the last quarter. Vanguard Group Inc. raised its holdings in Deutsche Bank Aktiengesellschaft by 1.4% in the third quarter. Vanguard Group Inc. now owns 77,480,209 shares of the bank’s stock valued at $851,507,000 after acquiring an additional 1,073,195 shares in the last quarter. Toronto Dominion Bank acquired a new stake in Deutsche Bank Aktiengesellschaft in the third quarter valued at $10,511,000. Canada Pension Plan Investment Board raised its holdings in Deutsche Bank Aktiengesellschaft by 23.0% in the third quarter. Canada Pension Plan Investment Board now owns 3,530,094 shares of the bank’s stock valued at $39,057,000 after acquiring an additional 661,034 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its holdings in Deutsche Bank Aktiengesellschaft by 8.0% in the fourth quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 4,747,137 shares of the bank’s stock valued at $64,939,000 after acquiring an additional 353,600 shares in the last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Citigroup cut shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a report on Wednesday, January 31st. Erste Group Bank upgraded shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research note on Wednesday, March 13th. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Monday, March 18th. Finally, Morgan Stanley upgraded shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, March 27th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, Deutsche Bank Aktiengesellschaft presently has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Up 8.7 %

DB stock opened at $17.92 on Friday. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.14 and a quick ratio of 1.14. Deutsche Bank Aktiengesellschaft has a 1-year low of $9.82 and a 1-year high of $17.95. The firm has a fifty day moving average price of $14.90 and a two-hundred day moving average price of $13.25. The firm has a market cap of $37.03 billion, a price-to-earnings ratio of 8.18, a PEG ratio of 0.93 and a beta of 1.32.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings results on Friday, February 2nd. The bank reported $0.72 EPS for the quarter, topping the consensus estimate of $0.37 by $0.35. The business had revenue of $5.81 billion during the quarter, compared to analyst estimates of $7.46 billion. Deutsche Bank Aktiengesellschaft had a net margin of 6.86% and a return on equity of 5.37%. Research analysts predict that Deutsche Bank Aktiengesellschaft will post 2.22 EPS for the current year.

Deutsche Bank Aktiengesellschaft Company Profile

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.