UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 551,653 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 27.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 2,535,464 shares of the bank's stock after purchasing an additional 551,653 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.13% of Deutsche Bank Aktiengesellschaft worth $43,230,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in DB. Jones Financial Companies Lllp raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 1,270.5% in the 4th quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank's stock worth $69,000 after purchasing an additional 3,748 shares during the period. Activest Wealth Management purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the 4th quarter valued at $86,000. Smartleaf Asset Management LLC grew its position in shares of Deutsche Bank Aktiengesellschaft by 218.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 7,278 shares of the bank's stock valued at $125,000 after purchasing an additional 4,992 shares in the last quarter. Headlands Technologies LLC raised its position in Deutsche Bank Aktiengesellschaft by 3,320.8% during the fourth quarter. Headlands Technologies LLC now owns 8,894 shares of the bank's stock valued at $152,000 after purchasing an additional 8,634 shares in the last quarter. Finally, Lake Street Advisors Group LLC purchased a new stake in Deutsche Bank Aktiengesellschaft during the fourth quarter valued at about $172,000. Institutional investors and hedge funds own 27.90% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on DB shares. Citigroup restated a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Wall Street Zen raised shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research note on Wednesday, February 5th. Royal Bank of Canada restated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, March 24th. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a report on Thursday, January 30th. Finally, Barclays restated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. 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.com, Deutsche Bank Aktiengesellschaft currently has an average rating of "Moderate Buy".

Deutsche Bank Aktiengesellschaft Stock Performance

DB traded down $0.12 during trading on Friday, hitting $27.66. The company's stock had a trading volume of 1,223,854 shares, compared to its average volume of 2,394,054. The company has a quick ratio of 0.78, a current ratio of 0.74 and a debt-to-equity ratio of 1.45. Deutsche Bank Aktiengesellschaft has a one year low of $13.70 and a one year high of $29.07. The firm has a market cap of $55.09 billion, a PE ratio of 19.90 and a beta of 1.00. The business's 50 day simple moving average is $25.17 and its 200-day simple moving average is $21.28.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The bank reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.19. The business had revenue of $8.97 billion for 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%. As a group, sell-side analysts predict 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.