Prudential PLC Grows Stock Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Key Points

• Prudential PLC increased its stake in Deutsche Bank Aktiengesellschaft by 10.1%, now holding 238,868 shares valued at approximately $5.64 million as of its latest SEC filing.
• Deutsche Bank Aktiengesellschaft's stock recently traded at $36.19, with a market capitalization of $72.09 billion and a reported net margin of 7.67%.
• Recent analyst ratings have varied, with Cfra Research upgrading the stock to a "hold" while others, including Citigroup, maintained a "sell" rating, resulting in a consensus rating of "Moderate Buy."

Prudential PLC increased its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 10.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 238,868 shares of the bank's stock after purchasing an additional 21,883 shares during the period. Prudential PLC's holdings in Deutsche Bank Aktiengesellschaft were worth $5,640,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in DB. LPL Financial LLC increased its position in shares of Deutsche Bank Aktiengesellschaft by 21.6% in the fourth quarter. LPL Financial LLC now owns 29,435 shares of the bank's stock valued at $502,000 after buying an additional 5,237 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Deutsche Bank Aktiengesellschaft by 13.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 260,644 shares of the bank's stock valued at $4,444,000 after buying an additional 30,859 shares in the last quarter. Cerity Partners LLC increased its position in Deutsche Bank Aktiengesellschaft by 9.0% during the fourth quarter. Cerity Partners LLC now owns 107,220 shares of the bank's stock worth $1,833,000 after buying an additional 8,839 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Deutsche Bank Aktiengesellschaft in the 4th quarter valued at about $6,464,000. Finally, Townsquare Capital LLC boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 8.0% during the 4th quarter. Townsquare Capital LLC now owns 17,033 shares of the bank's stock worth $290,000 after purchasing an additional 1,265 shares during the last quarter. Hedge funds and other institutional investors own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of DB stock traded down $0.22 on Friday, hitting $36.56. The company's stock had a trading volume of 2,464,482 shares, compared to its average volume of 2,871,355. The company has a market capitalization of $72.83 billion, a PE ratio of 13.90, a PEG ratio of 0.45 and a beta of 1.02. The stock's 50 day moving average is $30.97 and its 200-day moving average is $26.35. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $15.20 and a fifty-two week high of $36.99. 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 (NYSE:DB - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The bank reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.24). Deutsche Bank Aktiengesellschaft had a net margin of 7.67% and a return on equity of 6.01%. The firm had revenue of $9.21 billion during the quarter, compared to analyst estimates of $7.80 billion. Equities research analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Analysts Set New Price Targets

DB has been the subject of several analyst reports. Wall Street Zen lowered Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Royal Bank Of Canada restated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, July 28th. Citigroup reissued a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, July 25th. Cfra Research upgraded Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, April 30th. Finally, Kepler Capital Markets lowered shares of Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 28th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Deutsche Bank Aktiengesellschaft has a consensus 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.