Commerzbank Aktiengesellschaft FI Raises Stock Holdings in Deutsche Bank Aktiengesellschaft $DB

Commerzbank Aktiengesellschaft FI increased its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 4.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,258,795 shares of the bank’s stock after purchasing an additional 133,218 shares during the quarter. Deutsche Bank Aktiengesellschaft makes up 2.6% of Commerzbank Aktiengesellschaft FI’s holdings, making the stock its 13th largest position. Commerzbank Aktiengesellschaft FI’s holdings in Deutsche Bank Aktiengesellschaft were worth $125,659,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Thrivent Financial for Lutherans raised its stake in Deutsche Bank Aktiengesellschaft by 4.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 74,833 shares of the bank’s stock valued at $2,910,000 after buying an additional 3,380 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich raised its stake in Deutsche Bank Aktiengesellschaft by 47.4% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 216,553 shares of the bank’s stock valued at $8,350,000 after buying an additional 69,598 shares during the last quarter. Baader Bank Aktiengesellschaft raised its stake in Deutsche Bank Aktiengesellschaft by 3.6% in the fourth quarter. Baader Bank Aktiengesellschaft now owns 346,255 shares of the bank’s stock valued at $13,465,000 after buying an additional 12,092 shares during the last quarter. Allworth Financial LP raised its stake in Deutsche Bank Aktiengesellschaft by 28.3% in the fourth quarter. Allworth Financial LP now owns 4,330 shares of the bank’s stock valued at $167,000 after buying an additional 954 shares during the last quarter. Finally, HighPoint Advisor Group LLC purchased a new stake in Deutsche Bank Aktiengesellschaft in the fourth quarter valued at about $236,000. 27.90% of the stock is currently owned by hedge funds and other institutional investors.

Deutsche Bank Aktiengesellschaft Stock Down 2.6%

Shares of DB stock opened at $30.92 on Friday. The stock’s 50-day simple moving average is $31.05 and its 200-day simple moving average is $35.03. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.74 and a current ratio of 0.74. The firm has a market capitalization of $59.98 billion, a PE ratio of 8.52, a P/E/G ratio of 0.42 and a beta of 0.94. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $27.13 and a fifty-two week high of $40.43.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced 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 business had revenue of $10.04 billion for 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%. Equities analysts expect that Deutsche Bank Aktiengesellschaft will post 4.01 earnings per share for the current year.

Analyst Ratings Changes

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