Commerzbank Aktiengesellschaft FI Reduces Stake in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Commerzbank Aktiengesellschaft FI lowered its position in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 56.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,594,046 shares of the bank's stock after selling 2,073,508 shares during the period. Deutsche Bank Aktiengesellschaft makes up approximately 0.9% of Commerzbank Aktiengesellschaft FI's investment portfolio, making the stock its 29th largest holding. Commerzbank Aktiengesellschaft FI owned 0.08% of Deutsche Bank Aktiengesellschaft worth $37,986,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Capital International Investors lifted its holdings in Deutsche Bank Aktiengesellschaft by 9.4% in the fourth quarter. Capital International Investors now owns 87,660,818 shares of the bank's stock valued at $1,510,097,000 after acquiring an additional 7,558,488 shares during the period. Norges Bank acquired a new position in Deutsche Bank Aktiengesellschaft in the fourth quarter valued at approximately $773,016,000. Marshall Wace LLP lifted its holdings in Deutsche Bank Aktiengesellschaft by 18.7% in the fourth quarter. Marshall Wace LLP now owns 15,034,039 shares of the bank's stock valued at $258,903,000 after acquiring an additional 2,369,480 shares during the period. Franklin Resources Inc. lifted its holdings in Deutsche Bank Aktiengesellschaft by 199.8% in the fourth quarter. Franklin Resources Inc. now owns 12,931,689 shares of the bank's stock valued at $222,715,000 after acquiring an additional 8,617,662 shares during the period. Finally, Capital International Inc. CA raised its stake in shares of Deutsche Bank Aktiengesellschaft by 23.4% during the 4th quarter. Capital International Inc. CA now owns 9,269,824 shares of the bank's stock worth $159,774,000 after buying an additional 1,755,675 shares during the period. Hedge funds and other institutional investors own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of DB traded up $0.04 during trading hours on Thursday, hitting $30.19. 1,918,539 shares of the stock were exchanged, compared to its average volume of 2,573,545. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.79 and a current ratio of 0.79. Deutsche Bank Aktiengesellschaft has a 12-month low of $13.70 and a 12-month high of $30.50. The company has a market cap of $60.13 billion, a price-to-earnings ratio of 17.97, a price-to-earnings-growth ratio of 0.39 and a beta of 0.97. The stock's 50-day moving average price is $28.47 and its two-hundred day moving average price is $24.08.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The bank reported $1.04 EPS for the quarter, topping the consensus estimate of $0.85 by $0.19. The firm had revenue of $8.97 billion during the quarter, compared to analysts' expectations of $7.95 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 4.61% and a net margin of 5.76%. Research analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Analyst Ratings Changes

DB has been the subject of several research analyst reports. Bank of America initiated coverage on Deutsche Bank Aktiengesellschaft in a research note on Tuesday, June 10th. They set a "buy" rating for the company. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, March 24th. Finally, Cfra Research raised Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research note on Wednesday, April 30th. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Deutsche Bank Aktiengesellschaft presently has an average rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft 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.