BNP Paribas Financial Markets Sells 223,841 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

BNP Paribas Financial Markets reduced its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 92.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,438 shares of the bank's stock after selling 223,841 shares during the quarter. BNP Paribas Financial Markets' holdings in Deutsche Bank Aktiengesellschaft were worth $297,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the business. Jones Financial Companies Lllp grew its stake in shares of 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 in the last quarter. Activest Wealth Management bought a new stake in shares of Deutsche Bank Aktiengesellschaft in the 4th quarter worth approximately $86,000. Smartleaf Asset Management LLC lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 218.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 7,278 shares of the bank's stock worth $125,000 after purchasing an additional 4,992 shares during the last quarter. Headlands Technologies LLC lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 3,320.8% in the 4th quarter. Headlands Technologies LLC now owns 8,894 shares of the bank's stock worth $152,000 after purchasing an additional 8,634 shares during the last quarter. Finally, Lake Street Advisors Group LLC acquired a new stake in Deutsche Bank Aktiengesellschaft in the 4th quarter valued at approximately $172,000. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DB has been the topic of several analyst reports. Royal Bank of Canada restated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, March 24th. Wall Street Zen raised 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 research report on Friday, March 7th. The Goldman Sachs Group raised Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a research report on Thursday, January 30th. Finally, Cfra Research upgraded Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a report on Wednesday, April 30th. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Deutsche Bank Aktiengesellschaft presently has a consensus rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Trading Up 1.0%

Shares of Deutsche Bank Aktiengesellschaft stock traded up $0.28 on Thursday, hitting $27.79. 1,878,107 shares of the company's stock traded hands, compared to its average volume of 2,398,314. The firm's 50-day moving average price is $25.11 and its two-hundred day moving average price is $21.20. The stock has a market capitalization of $55.36 billion, a PE ratio of 19.99 and a beta of 1.00. Deutsche Bank Aktiengesellschaft has a one year low of $13.70 and a one year high of $29.07. 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 (NYSE:DB - Get Free Report) last announced 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 4.66% and a return on equity of 3.90%. The firm had revenue of $8.97 billion during the quarter, compared to analyst estimates of $7.95 billion. On average, research analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal 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.