Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Sold by Deutsche Bank AG

Deutsche Bank AG lessened its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 50.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 43,340,842 shares of the bank's stock after selling 44,050,329 shares during the period. Deutsche Bank AG owned 2.18% of Deutsche Bank Aktiengesellschaft worth $738,961,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in the company. Venturi Wealth Management LLC lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 1.6% during the 4th quarter. Venturi Wealth Management LLC now owns 32,990 shares of the bank's stock worth $562,000 after acquiring an additional 513 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of Deutsche Bank Aktiengesellschaft by 3.9% during the fourth quarter. Sequoia Financial Advisors LLC now owns 14,189 shares of the bank's stock worth $242,000 after purchasing an additional 537 shares during the last quarter. Truist Financial Corp boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 4.8% during the fourth quarter. Truist Financial Corp now owns 13,801 shares of the bank's stock valued at $235,000 after purchasing an additional 636 shares during the period. Cetera Investment Advisers grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 3.9% in the fourth quarter. Cetera Investment Advisers now owns 19,438 shares of the bank's stock worth $331,000 after purchasing an additional 738 shares during the last quarter. Finally, Pitcairn Co. increased its stake in Deutsche Bank Aktiengesellschaft by 5.7% in the 4th quarter. Pitcairn Co. now owns 13,742 shares of the bank's stock worth $234,000 after buying an additional 740 shares during the period. 27.90% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Citigroup reaffirmed a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. StockNews.com raised Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research report on Wednesday, February 5th. Barclays reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Royal Bank of Canada restated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, March 24th. Finally, Cfra Research upgraded shares of Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a report on Wednesday, April 30th. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Deutsche Bank Aktiengesellschaft presently has a consensus rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Stock Performance

NYSE:DB traded up $0.62 during mid-day trading on Friday, hitting $27.33. The company's stock had a trading volume of 1,874,756 shares, compared to its average volume of 2,311,708. The business's fifty day moving average is $24.07 and its two-hundred day moving average is $20.25. The stock has a market cap of $54.44 billion, a price-to-earnings ratio of 19.66 and a beta of 1.00. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.74 and a quick ratio of 0.78. Deutsche Bank Aktiengesellschaft has a 1 year low of $13.70 and a 1 year high of $27.38.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last announced its quarterly 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 the consensus estimate of $7.95 billion. Deutsche Bank Aktiengesellschaft had a net margin of 4.66% and a return on equity of 3.90%. Analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Company 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.