Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Purchased by Ritholtz Wealth Management

Ritholtz Wealth Management increased its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 6.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm 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 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB raised its position in 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 acquiring an additional 424 shares in the last quarter. Venturi Wealth Management LLC increased its position in shares of Deutsche Bank Aktiengesellschaft by 1.6% in the fourth quarter. Venturi Wealth Management LLC now owns 32,990 shares of the bank's stock valued at $562,000 after buying an additional 513 shares in the last quarter. Sequoia Financial Advisors LLC increased its position in shares of 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 buying an additional 537 shares in the last quarter. Truist Financial Corp increased its position in shares of Deutsche Bank Aktiengesellschaft by 4.8% in the fourth quarter. Truist Financial Corp now owns 13,801 shares of the bank's stock valued at $235,000 after buying an additional 636 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of Deutsche Bank Aktiengesellschaft by 3.9% in the fourth quarter. Cetera Investment Advisers now owns 19,438 shares of the bank's stock valued at $331,000 after buying an additional 738 shares in the last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Price Performance

Deutsche Bank Aktiengesellschaft stock traded down $0.70 during midday trading on Friday, reaching $27.52. 2,805,480 shares of the company were exchanged, compared to its average volume of 2,431,066. The company has a market capitalization of $54.82 billion, a price-to-earnings ratio of 19.80 and a beta of 0.98. The firm's 50-day simple moving average is $26.24 and its 200-day simple moving average is $22.17. Deutsche Bank Aktiengesellschaft has a 1 year low of $13.70 and a 1 year high of $29.07. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.78 and a current ratio of 0.74.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The bank reported $1.04 EPS for the quarter, topping analysts' consensus estimates of $0.85 by $0.19. The firm had revenue of $8.97 billion during the quarter, compared to analysts' expectations of $7.95 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. On average, analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on DB shares. Morgan Stanley restated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, March 7th. Bank of America started coverage on Deutsche Bank Aktiengesellschaft in a research report on Tuesday, June 10th. They issued a "buy" rating for the company. Royal Bank of Canada restated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, March 24th. Finally, Cfra Research upgraded Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, April 30th. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus 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.