SG Trading Solutions LLC Purchases Shares of 35,772 Deutsche Bank Aktiengesellschaft $DB

SG Trading Solutions LLC acquired a new position in Deutsche Bank Aktiengesellschaft (NYSE:DB) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 35,772 shares of the bank’s stock, valued at approximately $1,379,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Capital World Investors raised its stake 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 valued at $156,201,000 after purchasing an additional 51,972 shares in the last quarter. Compagnie Lombard Odier SCmA grew its stake in shares of Deutsche Bank Aktiengesellschaft by 10.5% in the 4th 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 in the last quarter. Vanguard Group Inc. grew its stake in shares of Deutsche Bank Aktiengesellschaft by 1.3% in the 4th 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 in the last quarter. ABN AMRO Bank N.V. increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 116.8% in the 4th quarter. ABN AMRO Bank N.V. now owns 264,172 shares of the bank’s stock worth $10,234,000 after buying an additional 142,348 shares during the last quarter. Finally, Artemis Investment Management LLP raised its position in shares of Deutsche Bank Aktiengesellschaft by 25.5% during the 4th quarter. Artemis Investment Management LLP now owns 3,663,603 shares of the bank’s stock valued at $142,318,000 after buying an additional 745,426 shares in the last quarter. 27.90% of the stock is currently owned by institutional investors.

Deutsche Bank Aktiengesellschaft Stock Performance

Deutsche Bank Aktiengesellschaft stock opened at $35.30 on Friday. 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 $27.26 and a 1-year high of $40.43. The firm has a market capitalization of $68.49 billion, a P/E ratio of 9.73, a price-to-earnings-growth ratio of 0.47 and a beta of 0.93. The company’s 50-day moving average is $32.38 and its 200 day moving average is $34.51.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its earnings results on Wednesday, April 29th. The bank reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.09. The business had revenue of $10.04 billion during 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%. Research analysts forecast that Deutsche Bank Aktiengesellschaft will post 3.97 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Barclays downgraded shares of Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a report on Monday, April 20th. Citigroup upgraded Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research report on Thursday, April 9th. Wall Street Zen lowered Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Oddo Bhf upgraded Deutsche Bank Aktiengesellschaft to an “outperform” rating in a report on Friday, May 8th. Finally, Weiss Ratings lowered Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 6th. Four investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Profile

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.