UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 27.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,535,464 shares of the bank's stock after purchasing an additional 551,653 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.13% of Deutsche Bank Aktiengesellschaft worth $43,230,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also modified their holdings of the company. USS Investment Management Ltd increased its holdings in Deutsche Bank Aktiengesellschaft by 0.4% in the 4th quarter. USS Investment Management Ltd now owns 285,171 shares of the bank's stock valued at $4,918,000 after purchasing an additional 1,133 shares during the last quarter. Strategic Global Advisors LLC boosted its holdings in Deutsche Bank Aktiengesellschaft by 98.5% during the 4th quarter. Strategic Global Advisors LLC now owns 35,336 shares of the bank's stock valued at $602,000 after acquiring an additional 17,534 shares during the period. Quantinno Capital Management LP grew its position in Deutsche Bank Aktiengesellschaft by 12.4% in the 4th quarter. Quantinno Capital Management LP now owns 292,746 shares of the bank's stock valued at $4,991,000 after acquiring an additional 32,297 shares in the last quarter. Nuveen Asset Management LLC lifted its position in shares of Deutsche Bank Aktiengesellschaft by 11.4% during the fourth quarter. Nuveen Asset Management LLC now owns 3,379,409 shares of the bank's stock worth $58,229,000 after purchasing an additional 345,196 shares in the last quarter. Finally, Janus Henderson Group PLC lifted its position in shares of Deutsche Bank Aktiengesellschaft by 91.4% during the fourth quarter. Janus Henderson Group PLC now owns 2,033,793 shares of the bank's stock worth $35,087,000 after purchasing an additional 971,402 shares in the last quarter. 27.90% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities analysts have recently commented on DB shares. Morgan Stanley reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, March 7th. Royal Bank of Canada reiterated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, March 24th. Wall Street Zen raised shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research report on Wednesday, February 5th. Citigroup reaffirmed a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Finally, The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a research note on Thursday, January 30th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy".
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Deutsche Bank Aktiengesellschaft Stock Performance
Shares of DB stock traded down $0.49 during midday trading on Wednesday, hitting $27.52. The company had a trading volume of 2,534,535 shares, compared to its average volume of 2,394,461. Deutsche Bank Aktiengesellschaft has a 52-week low of $13.70 and a 52-week high of $29.07. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.74 and a quick ratio of 0.78. The company's 50 day simple moving average is $25.04 and its 200 day simple moving average is $21.16. The stock has a market cap of $54.82 billion, a price-to-earnings ratio of 19.80 and a beta of 1.00.
Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last announced 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 company had revenue of $8.97 billion during the quarter, compared to the consensus estimate of $7.95 billion. Deutsche Bank Aktiengesellschaft had a net margin of 4.66% and a return on equity of 3.90%. Research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.
Deutsche Bank Aktiengesellschaft Profile
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Free Report)
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.
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