Wealth Enhancement Advisory Services LLC Has $567,000 Stock Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Wealth Enhancement Advisory Services LLC raised its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 68.8% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,763 shares of the bank's stock after buying an additional 9,684 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in Deutsche Bank Aktiengesellschaft were worth $567,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of DB. Norges Bank acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the 4th quarter worth approximately $773,016,000. Franklin Resources Inc. increased its position in Deutsche Bank Aktiengesellschaft by 199.8% in the 4th 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. Capital International Investors increased its position in Deutsche Bank Aktiengesellschaft by 9.4% in the 4th 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. Amundi increased its position in Deutsche Bank Aktiengesellschaft by 23.6% in the 4th quarter. Amundi now owns 39,176,325 shares of the bank's stock valued at $678,926,000 after acquiring an additional 7,484,594 shares during the period. Finally, Marshall Wace LLP increased its position in Deutsche Bank Aktiengesellschaft by 18.7% in the 4th 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. Institutional investors and hedge funds own 27.90% of the company's stock.

Analysts Set New Price Targets

Several analysts recently commented on the company. Morgan Stanley restated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, March 7th. Royal Bank Of Canada restated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, March 24th. Bank of America initiated coverage on Deutsche Bank Aktiengesellschaft in a research report on Tuesday, June 10th. They issued a "buy" rating on the stock. 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 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's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Price Performance

Shares of DB traded up $0.10 during trading hours on Friday, hitting $29.19. 1,829,662 shares of the company were exchanged, compared to its average volume of 2,536,020. The company has a market capitalization of $58.15 billion, a PE ratio of 17.38, a PEG ratio of 0.37 and a beta of 0.97. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.79 and a quick ratio of 0.79. The firm has a fifty day simple moving average of $27.89 and a 200-day simple moving average of $23.29. Deutsche Bank Aktiengesellschaft has a one year low of $13.70 and a one year high of $30.50.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The bank reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.19. The business had revenue of $8.97 billion during the quarter, compared to analyst estimates of $7.95 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 4.61% and a net margin of 5.76%. As a group, sell-side analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

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.