Themes Management Co LLC Purchases New Holdings in Deutsche Bank Aktiengesellschaft $DB

Themes Management Co LLC purchased a new stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 24,306 shares of the bank’s stock, valued at approximately $937,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC increased its stake in Deutsche Bank Aktiengesellschaft by 3.7% during the fourth quarter. Fisher Asset Management LLC now owns 27,398,661 shares of the bank’s stock valued at $1,056,492,000 after acquiring an additional 966,655 shares during the period. Legal & General Group Plc increased its stake in Deutsche Bank Aktiengesellschaft by 2.3% during the fourth quarter. Legal & General Group Plc now owns 14,664,607 shares of the bank’s stock valued at $570,302,000 after acquiring an additional 332,004 shares during the period. Jefferies Financial Group Inc. increased its stake in Deutsche Bank Aktiengesellschaft by 268.7% during the fourth quarter. Jefferies Financial Group Inc. now owns 234,537 shares of the bank’s stock valued at $9,117,000 after acquiring an additional 170,933 shares during the period. EverSource Wealth Advisors LLC increased its stake in Deutsche Bank Aktiengesellschaft by 14.4% during the fourth quarter. EverSource Wealth Advisors LLC now owns 8,336 shares of the bank’s stock valued at $321,000 after acquiring an additional 1,052 shares during the period. Finally, Global Retirement Partners LLC increased its stake in Deutsche Bank Aktiengesellschaft by 76.5% during the fourth quarter. Global Retirement Partners LLC now owns 29,948 shares of the bank’s stock valued at $1,155,000 after acquiring an additional 12,981 shares during the period. 27.90% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

DB has been the topic of several research reports. Oddo Bhf upgraded Deutsche Bank Aktiengesellschaft to an “outperform” rating in a research note on Friday, May 8th. Barclays downgraded Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a report on Monday, April 20th. Citigroup raised Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a report on Thursday, April 9th. Wall Street Zen raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Finally, Weiss Ratings downgraded Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 6th. Five analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Down 0.1%

NYSE DB opened at $32.41 on Tuesday. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.40. The stock’s 50 day moving average is $31.14 and its two-hundred day moving average is $34.88. The company has a market capitalization of $62.87 billion, a price-to-earnings ratio of 8.93, a PEG ratio of 0.43 and a beta of 0.94. Deutsche Bank Aktiengesellschaft has a 1-year low of $27.13 and a 1-year high of $40.43.

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

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.