National Bank of Canada FI Boosts Stock Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

National Bank of Canada FI grew its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 1,076.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 272,388 shares of the bank's stock after buying an additional 249,236 shares during the period. National Bank of Canada FI's holdings in Deutsche Bank Aktiengesellschaft were worth $6,491,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on DB shares. Wall Street Zen downgraded Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research report on Saturday, July 26th. Citigroup restated a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, July 25th. Cfra Research upgraded Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research note on Wednesday, April 30th. Kepler Capital Markets cut Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research note on Monday, July 28th. Finally, Bank of America started coverage on Deutsche Bank Aktiengesellschaft in a research note on Tuesday, June 10th. They set a "buy" rating for the company. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Price Performance

Shares of NYSE:DB traded down $0.22 during trading on Friday, reaching $36.56. The stock had a trading volume of 2,464,482 shares, compared to its average volume of 2,871,355. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.79 and a current ratio of 0.79. The business has a fifty day moving average price of $30.97 and a 200-day moving average price of $26.35. The stock has a market cap of $72.83 billion, a PE ratio of 13.90, a PEG ratio of 0.45 and a beta of 1.02. Deutsche Bank Aktiengesellschaft has a 1-year low of $15.20 and a 1-year high of $36.99.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last posted its earnings results on Thursday, July 24th. The bank reported $0.54 EPS for the quarter, missing analysts' consensus estimates of $0.78 by ($0.24). The business had revenue of $9.21 billion during the quarter, compared to analysts' expectations of $7.80 billion. Deutsche Bank Aktiengesellschaft had a net margin of 7.67% and a return on equity of 6.01%. On average, equities analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal 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.