MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH Lowers Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH decreased its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 20.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,825,555 shares of the bank's stock after selling 460,761 shares during the period. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH owned 0.09% of Deutsche Bank Aktiengesellschaft worth $43,028,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its stake in Deutsche Bank Aktiengesellschaft by 96.5% during the 1st quarter. Farther Finance Advisors LLC now owns 1,629 shares of the bank's stock worth $39,000 after buying an additional 800 shares during the period. MassMutual Private Wealth & Trust FSB raised its stake in shares of Deutsche Bank Aktiengesellschaft by 21.3% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 2,412 shares of the bank's stock worth $57,000 after purchasing an additional 424 shares during the last quarter. Jones Financial Companies Lllp raised its stake in shares of Deutsche Bank Aktiengesellschaft by 1,270.5% in the fourth quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank's stock worth $69,000 after purchasing an additional 3,748 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Deutsche Bank Aktiengesellschaft by 2,319.7% in the first quarter. GAMMA Investing LLC now owns 6,267 shares of the bank's stock worth $149,000 after purchasing an additional 6,008 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in shares of Deutsche Bank Aktiengesellschaft by 218.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 7,278 shares of the bank's stock worth $125,000 after purchasing an additional 4,992 shares during the last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of Deutsche Bank Aktiengesellschaft stock traded down $0.70 during trading hours on Friday, reaching $27.52. The company had a trading volume of 2,805,480 shares, compared to its average volume of 2,431,066. Deutsche Bank Aktiengesellschaft has a one year low of $13.70 and a one year high of $29.07. The business has a fifty day simple moving average of $26.24 and a 200 day simple moving average of $22.17. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.74 and a quick ratio of 0.78. The firm has a market cap of $54.82 billion, a PE ratio of 19.80 and a beta of 0.98.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last posted its quarterly earnings results 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 return on equity of 3.90% and a net margin of 4.66%. The firm had revenue of $8.97 billion during the quarter, compared to analyst estimates of $7.95 billion. On average, analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

About Deutsche Bank Aktiengesellschaft

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.