Achmea Investment Management B.V. Acquires 23,355 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Achmea Investment Management B.V. increased its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 26.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 112,852 shares of the bank's stock after purchasing an additional 23,355 shares during the quarter. Achmea Investment Management B.V.'s holdings in Deutsche Bank Aktiengesellschaft were worth $2,659,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Farther Finance Advisors LLC lifted its holdings in Deutsche Bank Aktiengesellschaft by 96.5% in the first quarter. Farther Finance Advisors LLC now owns 1,629 shares of the bank's stock valued at $39,000 after buying an additional 800 shares during the period. MassMutual Private Wealth & Trust FSB lifted its holdings in Deutsche Bank Aktiengesellschaft by 21.3% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 2,412 shares of the bank's stock valued at $57,000 after buying an additional 424 shares during the period. Jones Financial Companies Lllp lifted its holdings in Deutsche Bank Aktiengesellschaft by 1,270.5% in the fourth quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank's stock valued at $69,000 after buying an additional 3,748 shares during the period. Smartleaf Asset Management LLC lifted its holdings in Deutsche Bank Aktiengesellschaft by 218.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 7,278 shares of the bank's stock valued at $125,000 after buying an additional 4,992 shares during the period. Finally, GAMMA Investing LLC lifted its holdings in Deutsche Bank Aktiengesellschaft by 2,319.7% in the first quarter. GAMMA Investing LLC now owns 6,267 shares of the bank's stock valued at $149,000 after buying an additional 6,008 shares during the period. Institutional investors own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Trading Up 1.5%

DB opened at $30.39 on Friday. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.79 and a quick ratio of 0.79. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $13.70 and a fifty-two week high of $30.50. The firm has a market capitalization of $60.54 billion, a PE ratio of 18.09, a P/E/G ratio of 0.39 and a beta of 0.98. The company's 50-day moving average is $27.45 and its 200 day moving average is $22.94.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last posted its earnings results on Tuesday, April 29th. The bank reported $1.04 earnings per share for the quarter, topping analysts' consensus estimates of $0.85 by $0.19. Deutsche Bank Aktiengesellschaft had a net margin of 5.76% and a return on equity of 4.61%. The company had revenue of $8.97 billion for the quarter, compared to analyst estimates of $7.95 billion. As a group, research analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently issued reports on DB. Morgan Stanley restated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, March 7th. Royal Bank Of Canada reiterated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, March 24th. Bank of America began coverage on shares of Deutsche Bank Aktiengesellschaft in a report on Tuesday, June 10th. They set a "buy" rating on the stock. 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 analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy".

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.

Want to see what other hedge funds are holding DB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.