Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Sold by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale cut its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 3.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,828,161 shares of the bank's stock after selling 512,821 shares during the quarter. Deutsche Bank Aktiengesellschaft comprises approximately 0.7% of DekaBank Deutsche Girozentrale's portfolio, making the stock its 23rd biggest holding. DekaBank Deutsche Girozentrale owned approximately 0.79% of Deutsche Bank Aktiengesellschaft worth $367,871,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. M&T Bank Corp lifted its position in Deutsche Bank Aktiengesellschaft by 15.3% during the first quarter. M&T Bank Corp now owns 16,438 shares of the bank's stock worth $392,000 after buying an additional 2,178 shares during the period. Callan Capital LLC raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 16.2% in the 1st quarter. Callan Capital LLC now owns 59,456 shares of the bank's stock worth $1,417,000 after purchasing an additional 8,278 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 172.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 709,211 shares of the bank's stock worth $16,900,000 after purchasing an additional 448,567 shares during the period. FSM Wealth Advisors LLC purchased a new position in shares of Deutsche Bank Aktiengesellschaft in the 1st quarter worth about $202,000. Finally, Henry James International Management Inc. purchased a new position in shares of Deutsche Bank Aktiengesellschaft in the 1st quarter worth about $2,037,000. 27.90% of the stock is currently owned by hedge funds and other institutional investors.

Deutsche Bank Aktiengesellschaft Stock Down 1.1%

Shares of DB stock traded down $0.34 during trading hours on Friday, reaching $29.65. The company had a trading volume of 2,171,601 shares, compared to its average volume of 2,560,713. 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 twelve month low of $13.70 and a twelve month high of $30.50. The company has a market capitalization of $59.06 billion, a P/E ratio of 17.65, a price-to-earnings-growth ratio of 0.39 and a beta of 0.97. The stock's fifty day simple moving average is $28.22 and its 200 day simple moving average is $23.73.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The bank reported $1.04 EPS 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 firm had revenue of $8.97 billion for the quarter, compared to analyst estimates of $7.95 billion. As a group, sell-side analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

DB has been the topic of a number of research reports. Royal Bank Of Canada restated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, March 24th. Bank of America initiated coverage on Deutsche Bank Aktiengesellschaft in a report on Tuesday, June 10th. They issued a "buy" rating on the stock. Finally, Cfra Research upgraded Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a report on Wednesday, April 30th. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Deutsche Bank Aktiengesellschaft has an average 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.