TD Asset Management Inc Has $14.61 Million Stock Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Key Points

• TD Asset Management Inc increased its stake in Deutsche Bank Aktiengesellschaft by 12.5%, acquiring an additional 68,992 shares during the first quarter, bringing its total ownership to 619,541 shares valued at approximately $14.6 million.
• Deutsche Bank Aktiengesellschaft's stock opened at $33.28, with a market capitalization of $66.3 billion, and reported earnings per share of $0.54 for the last quarter, falling short of estimates.
• Research analysts have given mixed ratings on Deutsche Bank shares, with one sell rating, three holds, four buys, and one strong buy, leading to an average rating of "Moderate Buy" according to MarketBeat.

TD Asset Management Inc lifted its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 12.5% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 619,541 shares of the bank's stock after buying an additional 68,992 shares during the period. TD Asset Management Inc's holdings in Deutsche Bank Aktiengesellschaft were worth $14,605,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 96.5% in the first quarter. Farther Finance Advisors LLC now owns 1,629 shares of the bank's stock valued at $39,000 after acquiring an additional 800 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew 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. GAMMA Investing LLC boosted its position in Deutsche Bank Aktiengesellschaft by 2,319.7% during the 1st quarter. GAMMA Investing LLC now owns 6,267 shares of the bank's stock valued at $149,000 after acquiring an additional 6,008 shares in the last quarter. Sava Infond d.o.o. bought a new position in Deutsche Bank Aktiengesellschaft in the 1st quarter valued at approximately $151,000. Finally, Lindbrook Capital LLC lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 22.7% during the 1st quarter. Lindbrook Capital LLC now owns 7,185 shares of the bank's stock valued at $171,000 after buying an additional 1,331 shares during the period. Institutional investors own 27.90% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Kepler Capital Markets lowered Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 28th. Wall Street Zen lowered shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a report on Saturday, July 26th. Cfra Research raised Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, April 30th. Bank of America started coverage on Deutsche Bank Aktiengesellschaft in a report on Tuesday, June 10th. They issued a "buy" rating on the stock. Finally, Citigroup restated a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, July 25th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Deutsche Bank Aktiengesellschaft currently has a consensus rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of Deutsche Bank Aktiengesellschaft stock traded down $0.44 during trading hours on Friday, reaching $32.54. The company's stock had a trading volume of 3,210,819 shares, compared to its average volume of 2,553,839. The stock has a market cap of $64.82 billion, a P/E ratio of 12.37, a price-to-earnings-growth ratio of 0.40 and a beta of 1.02. The company's 50 day simple moving average is $29.40 and its 200 day simple moving average is $25.20. Deutsche Bank Aktiengesellschaft has a one year low of $13.70 and a one year high of $34.14. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.79 and a current ratio of 0.79.

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

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.