Deutsche Bank Aktiengesellschaft $DB Shares Bought by ABN AMRO Bank N.V.

Key Points

• ABN AMRO Bank sharply increased its stake in Deutsche Bank Aktiengesellschaft, boosting holdings by 116.8% in the fourth quarter to 264,172 shares worth about $10.23 million.
• Other institutional investors also adjusted positions in DB, and overall institutional ownership stands at 27.90% of the stock.
• Analysts are mixed on Deutsche Bank: the current consensus rating is “Hold”, while the company recently beat earnings expectations with quarterly EPS of $1.24 versus the $1.15 estimate.

ABN AMRO Bank N.V. boosted its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 116.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 264,172 shares of the bank's stock after acquiring an additional 142,348 shares during the quarter. ABN AMRO Bank N.V.'s holdings in Deutsche Bank Aktiengesellschaft were worth $10,234,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in DB. AQR Capital Management LLC lifted its position in Deutsche Bank Aktiengesellschaft by 15.9% during the 1st quarter. AQR Capital Management LLC now owns 126,101 shares of the bank's stock worth $3,005,000 after acquiring an additional 17,262 shares during the period. Focus Partners Wealth acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the 1st quarter valued at approximately $795,000. Sivia Capital Partners LLC acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at approximately $413,000. Rhumbline Advisers lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 4.5% in the 2nd quarter. Rhumbline Advisers now owns 27,750 shares of the bank's stock valued at $813,000 after buying an additional 1,187 shares during the period. Finally, First Trust Advisors LP lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 24.1% in the 2nd quarter. First Trust Advisors LP now owns 528,327 shares of the bank's stock valued at $15,620,000 after buying an additional 102,754 shares during the period. 27.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DB has been the subject of several recent analyst reports. Barclays cut Deutsche Bank Aktiengesellschaft from an "overweight" rating to an "equal weight" rating in a report on Monday, April 20th. Weiss Ratings cut Deutsche Bank Aktiengesellschaft from a "buy (b)" rating to a "buy (b-)" rating in a report on Wednesday. Oddo Bhf raised Deutsche Bank Aktiengesellschaft to an "outperform" rating in a report on Friday. Citigroup raised Deutsche Bank Aktiengesellschaft from a "sell" rating to a "hold" rating in a research note on Thursday, April 9th. Finally, Wall Street Zen downgraded Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research note on Saturday, March 14th. Five investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold".

Deutsche Bank Aktiengesellschaft Stock Performance

Deutsche Bank Aktiengesellschaft stock opened at $32.05 on Monday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.74 and a current ratio of 0.74. The stock has a fifty day moving average of $31.42 and a two-hundred day moving average of $35.11. The company has a market capitalization of $62.17 billion, a price-to-earnings ratio of 8.83, a PEG ratio of 0.41 and a beta of 0.94. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $27.08 and a fifty-two week high of $40.43.

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

About Deutsche Bank Aktiengesellschaft

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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