Mediolanum International Funds Ltd Has $3.28 Million Stock Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Mediolanum International Funds Ltd reduced its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 66.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 188,774 shares of the bank’s stock after selling 379,418 shares during the period. Mediolanum International Funds Ltd’s holdings in Deutsche Bank Aktiengesellschaft were worth $3,277,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Wellington Management Group LLP lifted its position in shares of Deutsche Bank Aktiengesellschaft by 31.6% in the 4th quarter. Wellington Management Group LLP now owns 563,387 shares of the bank’s stock worth $7,695,000 after purchasing an additional 135,371 shares during the period. Park Avenue Securities LLC grew its stake in Deutsche Bank Aktiengesellschaft by 37.2% in the first quarter. Park Avenue Securities LLC now owns 19,591 shares of the bank’s stock valued at $309,000 after acquiring an additional 5,317 shares during the period. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 10.4% during the first quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 1,620,402 shares of the bank’s stock valued at $25,519,000 after acquiring an additional 152,498 shares in the last quarter. First Trust Direct Indexing L.P. raised its position in shares of Deutsche Bank Aktiengesellschaft by 1.3% during 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 period. Finally, BNP Paribas Financial Markets grew its position in Deutsche Bank Aktiengesellschaft by 79.7% in the 1st quarter. BNP Paribas Financial Markets now owns 445,488 shares of the bank’s stock valued at $7,025,000 after purchasing an additional 197,517 shares during the period. 27.90% of the stock is owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Trading Down 1.6 %

Shares of DB opened at $16.84 on Friday. The firm has a market cap of $34.80 billion, a P/E ratio of 7.35 and a beta of 1.21. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.78 and a current ratio of 0.78. The business has a 50-day moving average of $16.77 and a 200 day moving average of $16.39. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $10.83 and a fifty-two week high of $17.95.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its earnings results on Wednesday, July 24th. The bank reported ($0.41) earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.90). The firm had revenue of $7.87 billion for the quarter, compared to the consensus estimate of $8.18 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 4.63% and a net margin of 5.58%.

Wall Street Analyst Weigh In

DB has been the subject of several recent research reports. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Monday, October 7th. Barclays raised shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, September 3rd. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

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.