Nuveen Asset Management LLC Acquires 345,196 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Nuveen Asset Management LLC grew its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 11.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,379,409 shares of the bank's stock after acquiring an additional 345,196 shares during the period. Nuveen Asset Management LLC owned 0.17% of Deutsche Bank Aktiengesellschaft worth $58,229,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank bought a new stake in Deutsche Bank Aktiengesellschaft in the 4th quarter valued at $773,016,000. Franklin Resources Inc. increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 199.8% in the fourth quarter. Franklin Resources Inc. now owns 12,931,689 shares of the bank's stock valued at $222,715,000 after purchasing an additional 8,617,662 shares during the last quarter. Capital International Investors lifted its stake in shares of 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 buying an additional 7,558,488 shares during the last quarter. Amundi boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 23.6% during the 4th quarter. Amundi now owns 39,176,325 shares of the bank's stock worth $678,926,000 after buying an additional 7,484,594 shares during the period. Finally, Marshall Wace LLP boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 18.7% during the fourth quarter. Marshall Wace LLP now owns 15,034,039 shares of the bank's stock worth $258,903,000 after acquiring an additional 2,369,480 shares during the period. Institutional investors own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Price Performance

NYSE DB traded up $0.03 during midday trading on Thursday, hitting $28.48. The company had a trading volume of 4,352,657 shares, compared to its average volume of 2,365,120. The firm has a 50-day moving average price of $24.78 and a 200-day moving average price of $20.84. The company has a market capitalization of $56.73 billion, a PE ratio of 20.49 and a beta of 1.00. The company has a current ratio of 0.74, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. Deutsche Bank Aktiengesellschaft has a twelve month low of $13.70 and a twelve month high of $29.07.

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, beating analysts' consensus estimates of $0.85 by $0.19. The business had revenue of $8.97 billion during the quarter, compared to the consensus estimate of $7.95 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. As a group, analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on DB. Morgan Stanley reiterated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. Citigroup reissued a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a research note on Thursday, January 30th. Wall Street Zen upgraded shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research note on Wednesday, February 5th. Finally, Cfra Research upgraded shares of Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, April 30th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock 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.