DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Cuts Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lowered its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 1.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 10,060,627 shares of the bank's stock after selling 110,919 shares during the quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main owned 0.51% of Deutsche Bank Aktiengesellschaft worth $171,536,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of DB. Cetera Investment Advisers grew its position in Deutsche Bank Aktiengesellschaft by 3.9% in the 4th quarter. Cetera Investment Advisers now owns 19,438 shares of the bank's stock valued at $331,000 after acquiring an additional 738 shares during the last quarter. Northern Trust Corp grew its position in shares of Deutsche Bank Aktiengesellschaft by 51.1% during the 4th quarter. Northern Trust Corp now owns 1,437,283 shares of the bank's stock worth $24,506,000 after buying an additional 486,300 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in shares of Deutsche Bank Aktiengesellschaft by 3.0% during the 4th quarter. The Manufacturers Life Insurance Company now owns 833,510 shares of the bank's stock worth $14,434,000 after buying an additional 24,224 shares in the last quarter. Tudor Investment Corp ET AL bought a new position in shares of Deutsche Bank Aktiengesellschaft during the 4th quarter worth $1,915,000. Finally, Voya Investment Management LLC grew its position in shares of Deutsche Bank Aktiengesellschaft by 1.8% during the 4th quarter. Voya Investment Management LLC now owns 322,644 shares of the bank's stock worth $5,559,000 after buying an additional 5,725 shares in the last quarter. Institutional investors own 27.90% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on DB shares. Royal Bank of Canada reiterated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, March 24th. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research report on Wednesday, February 5th. Morgan Stanley reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, March 7th. Cfra Research raised Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a report on Wednesday, April 30th. Finally, The Goldman Sachs Group raised Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a research note on Thursday, January 30th. Two investment 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's stock. Based on data from MarketBeat, Deutsche Bank Aktiengesellschaft has an average rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Stock Performance

DB traded up $0.10 on Monday, hitting $27.48. 2,950,648 shares of the company traded hands, compared to its average volume of 3,597,956. The company has a 50 day moving average of $24.07 and a 200-day moving average of $20.27. The company has a quick ratio of 0.78, a current ratio of 0.74 and a debt-to-equity ratio of 1.45. The stock has a market capitalization of $54.73 billion, a PE ratio of 19.77 and a beta of 1.00. Deutsche Bank Aktiengesellschaft has a 12-month low of $13.70 and a 12-month high of $27.50.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The bank reported $1.04 EPS for the quarter, beating the consensus estimate of $0.85 by $0.19. The firm had revenue of $8.97 billion during the quarter, compared to the consensus estimate of $7.95 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. Sell-side analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share 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.