Quantinno Capital Management LP Acquires 32,297 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Quantinno Capital Management LP grew its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 12.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 292,746 shares of the bank’s stock after acquiring an additional 32,297 shares during the quarter. Quantinno Capital Management LP’s holdings in Deutsche Bank Aktiengesellschaft were worth $4,991,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Jones Financial Companies Lllp lifted its position in shares of Deutsche Bank Aktiengesellschaft by 1,270.5% in the 4th quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank’s stock worth $69,000 after acquiring an additional 3,748 shares during the period. Activest Wealth Management bought a new position in shares of Deutsche Bank Aktiengesellschaft during the 4th quarter worth approximately $86,000. Smartleaf Asset Management LLC lifted its position in shares of Deutsche Bank Aktiengesellschaft by 218.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 7,278 shares of the bank’s stock worth $125,000 after buying an additional 4,992 shares during the period. Headlands Technologies LLC lifted its position in shares of Deutsche Bank Aktiengesellschaft by 3,320.8% during the 4th quarter. Headlands Technologies LLC now owns 8,894 shares of the bank’s stock worth $152,000 after buying an additional 8,634 shares during the period. Finally, Lake Street Advisors Group LLC bought a new position in shares of Deutsche Bank Aktiengesellschaft during the 4th quarter worth approximately $172,000. Institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Down 1.3%

NYSE DB opened at $27.86 on Friday. The stock has a fifty day moving average of $24.48 and a 200-day moving average of $20.63. The stock has a market capitalization of $55.49 billion, a P/E ratio of 20.04 and a beta of 1.00. Deutsche Bank Aktiengesellschaft has a 52 week low of $13.70 and a 52 week high of $28.34. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.78 and a current ratio of 0.74.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its quarterly earnings results on Tuesday, April 29th. The bank reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.19. Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. The business had revenue of $8.97 billion for the quarter, compared to analyst estimates of $7.95 billion. On average, equities research analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Wall Street Analysts Forecast Growth

DB has been the subject of a number of recent analyst reports. StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Wednesday, February 5th. Citigroup reaffirmed a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Royal Bank of Canada reissued an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, March 24th. Barclays reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Finally, Morgan Stanley reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Deutsche Bank Aktiengesellschaft currently has an average rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft 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.