Ritholtz Wealth Management Has $4.12 Million Stake in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Ritholtz Wealth Management lifted its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 6.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 172,877 shares of the bank's stock after purchasing an additional 10,332 shares during the quarter. Ritholtz Wealth Management's holdings in Deutsche Bank Aktiengesellschaft were worth $4,120,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB boosted its stake in Deutsche Bank Aktiengesellschaft by 21.3% in the 1st 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 period. Venturi Wealth Management LLC increased its holdings in Deutsche Bank Aktiengesellschaft by 1.6% in the fourth quarter. Venturi Wealth Management LLC now owns 32,990 shares of the bank's stock worth $562,000 after buying an additional 513 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in Deutsche Bank Aktiengesellschaft by 3.9% in the fourth quarter. Sequoia Financial Advisors LLC now owns 14,189 shares of the bank's stock valued at $242,000 after acquiring an additional 537 shares during the last quarter. Truist Financial Corp increased its stake in shares of Deutsche Bank Aktiengesellschaft by 4.8% during the 4th quarter. Truist Financial Corp now owns 13,801 shares of the bank's stock worth $235,000 after purchasing an additional 636 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of Deutsche Bank Aktiengesellschaft by 3.9% during the 4th quarter. Cetera Investment Advisers now owns 19,438 shares of the bank's stock worth $331,000 after purchasing an additional 738 shares during the last quarter. Institutional investors own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of NYSE:DB traded up $0.31 during midday trading on Wednesday, reaching $27.74. 2,433,793 shares of the company's stock were exchanged, compared to its average volume of 2,461,518. 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 company's 50 day simple moving average is $26.51 and its two-hundred day simple moving average is $22.32. Deutsche Bank Aktiengesellschaft has a 12 month low of $13.70 and a 12 month high of $29.07. The firm has a market capitalization of $55.25 billion, a PE ratio of 16.51, a price-to-earnings-growth ratio of 0.36 and a beta of 0.98.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The bank reported $1.04 earnings per share for the quarter, beating analysts' consensus estimates of $0.85 by $0.19. Deutsche Bank Aktiengesellschaft had a return on equity of 4.61% and a net margin of 5.76%. The company had revenue of $8.97 billion for the quarter, compared to the consensus estimate of $7.95 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 recent analyst reports. Morgan Stanley reiterated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, March 7th. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, March 24th. Cfra Research raised shares of Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a report on Wednesday, April 30th. Finally, Bank of America began coverage on shares of Deutsche Bank Aktiengesellschaft in a report on Tuesday, June 10th. They set a "buy" rating on the stock. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average 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.