Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Sold by Axa S.A.

AXA S.A. decreased its position in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 18.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 401,054 shares of the bank's stock after selling 90,733 shares during the quarter. AXA S.A.'s holdings in Deutsche Bank Aktiengesellschaft were worth $6,838,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DB. Wilmington Savings Fund Society FSB acquired a new position in Deutsche Bank Aktiengesellschaft in the third quarter valued at $43,000. Versant Capital Management Inc acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the fourth quarter worth approximately $26,000. Aprio Wealth Management LLC raised its stake in Deutsche Bank Aktiengesellschaft by 28.1% during the fourth quarter. Aprio Wealth Management LLC now owns 19,138 shares of the bank's stock worth $326,000 after purchasing an additional 4,197 shares during the period. Assenagon Asset Management S.A. increased its stake in Deutsche Bank Aktiengesellschaft by 31.7% during the fourth quarter. Assenagon Asset Management S.A. now owns 120,572 shares of the bank's stock worth $2,078,000 after acquiring an additional 29,042 shares during the last quarter. Finally, Kathmere Capital Management LLC raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 15.1% in the 4th quarter. Kathmere Capital Management LLC now owns 17,036 shares of the bank's stock worth $290,000 after purchasing an additional 2,233 shares during the period. 27.90% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DB has been the topic of several recent research reports. Cfra Research upgraded shares of Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a report on Wednesday, April 30th. Barclays reiterated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. The Goldman Sachs Group raised shares of Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a research note on Thursday, January 30th. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research report on Wednesday, February 5th. Finally, Morgan Stanley reaffirmed an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, March 7th. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of NYSE:DB traded up $0.62 on Friday, reaching $27.33. 1,874,756 shares of the company's stock were exchanged, compared to its average volume of 2,311,867. The business's 50-day moving average is $24.07 and its two-hundred day moving average is $20.23. The company has a quick ratio of 0.78, a current ratio of 0.74 and a debt-to-equity ratio of 1.45. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $13.70 and a fifty-two week high of $27.38. The firm has a market capitalization of $54.44 billion, a price-to-earnings ratio of 19.66 and a beta of 1.00.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last issued its earnings results on Tuesday, April 29th. The bank reported $1.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.85 by $0.19. The firm had revenue of $8.97 billion for the quarter, compared to analysts' expectations of $7.95 billion. Deutsche Bank Aktiengesellschaft had a net margin of 4.66% and a return on equity of 3.90%. As a group, equities research analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

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.