Credit Industriel ET Commercial Has $60,000 Position in Deutsche Bank Aktiengesellschaft $DB

Key Points

• Credit Industriel ET Commercial cut its stake in Deutsche Bank by 99.6% in Q4, selling 351,705 shares and retaining 1,535 shares worth about $60,000.
• Analyst sentiment is mixed with an average MarketBeat rating of "Hold" (4 Buys, 6 Holds) following recent divergent actions like Morgan Stanley reissuing Overweight and Barclays downgrading to Equal Weight.
• Deutsche Bank beat quarterly EPS estimates ($1.24 vs. $1.15) on $10.04B revenue; valuation metrics include a market cap of ~$59.5B, PE of 8.44, and a 52‑week range of $26.58–$40.43.

Credit Industriel ET Commercial lowered its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 99.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,535 shares of the bank's stock after selling 351,705 shares during the quarter. Credit Industriel ET Commercial's holdings in Deutsche Bank Aktiengesellschaft were worth $60,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of DB. Root Financial Partners LLC acquired a new stake in Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at $27,000. Salomon & Ludwin LLC grew its position in Deutsche Bank Aktiengesellschaft by 2,807.4% in the 3rd quarter. Salomon & Ludwin LLC now owns 785 shares of the bank's stock valued at $28,000 after purchasing an additional 758 shares during the period. Triumph Capital Management acquired a new stake in Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at $32,000. Cary Street Partners Investment Advisory LLC boosted its holdings in Deutsche Bank Aktiengesellschaft by 61.8% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 1,081 shares of the bank's stock worth $38,000 after acquiring an additional 413 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in Deutsche Bank Aktiengesellschaft by 178.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the bank's stock worth $40,000 after acquiring an additional 881 shares during the last quarter. Institutional investors and hedge funds own 27.90% of the company's stock.

Wall Street Analysts Forecast Growth

DB has been the topic of a number of research analyst reports. Morgan Stanley reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Thursday, January 8th. Barclays downgraded shares of Deutsche Bank Aktiengesellschaft from an "overweight" rating to an "equal weight" rating in a report on Monday, April 20th. Citigroup raised shares of Deutsche Bank Aktiengesellschaft from a "sell" rating to a "hold" rating in a report on Thursday, April 9th. Wall Street Zen downgraded shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a report on Saturday, March 14th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, April 20th. Four analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Hold".

Deutsche Bank Aktiengesellschaft Price Performance

NYSE DB opened at $30.65 on Wednesday. The company has a market cap of $59.47 billion, a PE ratio of 8.44, a price-to-earnings-growth ratio of 0.39 and a beta of 0.94. Deutsche Bank Aktiengesellschaft has a 52 week low of $26.58 and a 52 week high of $40.43. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.40. The firm's 50-day simple moving average is $31.58 and its two-hundred day simple moving average is $35.15.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The bank reported $1.24 EPS for the quarter, beating the consensus estimate of $1.15 by $0.09. The business had revenue of $10.04 billion for the quarter, compared to the consensus estimate of $9.85 billion. Deutsche Bank Aktiengesellschaft had a net margin of 10.43% and a return on equity of 7.69%. Research analysts predict that Deutsche Bank Aktiengesellschaft will post 4.05 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft Profile

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank's core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.

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