Janney Montgomery Scott LLC Buys 13,615 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Janney Montgomery Scott LLC lifted its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 26.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 65,901 shares of the bank's stock after purchasing an additional 13,615 shares during the period. Janney Montgomery Scott LLC's holdings in Deutsche Bank Aktiengesellschaft were worth $1,570,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Capital International Investors grew its holdings in Deutsche Bank Aktiengesellschaft by 9.4% during the 4th quarter. Capital International Investors now owns 87,660,818 shares of the bank's stock worth $1,510,097,000 after acquiring an additional 7,558,488 shares in the last quarter. Norges Bank purchased a new position in shares of Deutsche Bank Aktiengesellschaft in the 4th quarter valued at approximately $773,016,000. Amundi raised its position in shares of 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 purchasing an additional 7,484,594 shares during the last quarter. Marshall Wace LLP raised its position in shares of 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 purchasing an additional 2,369,480 shares during the last quarter. Finally, Franklin Resources Inc. raised its position in Deutsche Bank Aktiengesellschaft by 199.8% during the 4th quarter. Franklin Resources Inc. now owns 12,931,689 shares of the bank's stock worth $222,715,000 after buying an additional 8,617,662 shares during the last quarter. 27.90% of the stock is currently owned by institutional investors.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of NYSE DB opened at $30.39 on Friday. The firm has a market cap of $60.54 billion, a PE ratio of 18.09, a PEG ratio of 0.38 and a beta of 0.98. The firm has a fifty day moving average of $27.45 and a 200 day moving average of $22.90. 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 one year low of $13.70 and a one year high of $30.50.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last announced its earnings results on Tuesday, April 29th. The bank reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.19. The company had revenue of $8.97 billion for the quarter, compared to analysts' expectations of $7.95 billion. Deutsche Bank Aktiengesellschaft had a net margin of 5.76% and a return on equity of 4.61%. As a group, research analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Cfra Research raised shares of Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, April 30th. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, March 24th. Bank of America initiated coverage on shares of Deutsche Bank Aktiengesellschaft in a report on Tuesday, June 10th. They set a "buy" rating for the company. Finally, Morgan Stanley reaffirmed an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, March 7th. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft 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.

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