UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Trims Stock Holdings in Deutsche Bank Aktiengesellschaft $DB

Key Points

• UBS Asset Management reduced its holdings in Deutsche Bank Aktiengesellschaft by 1.9% in the first quarter, owning approximately 2.49 million shares valued at $59.29 million.
• Several institutional investors, including Cetera Investment Advisers and Nuveen Asset Management, have recently increased their positions in the bank, with 27.90% of the stock now owned by hedge funds and institutional investors.
• Analysts have downgraded Deutsche Bank's stock from "strong-buy" to "hold," resulting in a consensus rating of "hold" from investment analysts.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC reduced its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 1.9% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,488,021 shares of the bank's stock after selling 47,443 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.12% of Deutsche Bank Aktiengesellschaft worth $59,290,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of DB. Cetera Investment Advisers increased its holdings in 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 period. Nuveen Asset Management LLC increased its holdings in Deutsche Bank Aktiengesellschaft by 11.4% during the 4th 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 during the period. Quantinno Capital Management LP increased its holdings in Deutsche Bank Aktiengesellschaft by 12.4% during the 4th quarter. Quantinno Capital Management LP now owns 292,746 shares of the bank's stock worth $4,991,000 after purchasing an additional 32,297 shares during the period. Strategic Global Advisors LLC increased 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 worth $602,000 after purchasing an additional 17,534 shares during the period. Finally, USS Investment Management Ltd increased its holdings in Deutsche Bank Aktiengesellschaft by 0.4% during the 4th quarter. USS Investment Management Ltd now owns 285,171 shares of the bank's stock worth $4,918,000 after purchasing an additional 1,133 shares during the period. 27.90% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on the company. Kepler Capital Markets cut Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 28th. Wall Street Zen cut Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research report on Saturday, July 26th. The Goldman Sachs Group cut Deutsche Bank Aktiengesellschaft from a "buy" rating to a "neutral" rating in a research report on Tuesday, August 26th. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, July 28th. Finally, Zacks Research cut Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 22nd. Four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold".

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of DB stock opened at $37.15 on Monday. The firm has a market capitalization of $74.00 billion, a price-to-earnings ratio of 14.13, a price-to-earnings-growth ratio of 0.45 and a beta of 1.03. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.79 and a quick ratio of 0.79. The business has a fifty day moving average of $33.94 and a 200 day moving average of $28.62. Deutsche Bank Aktiengesellschaft has a 1 year low of $16.02 and a 1 year high of $37.54.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last issued its earnings results on Thursday, July 24th. The bank reported $0.54 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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, research analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

About Deutsche Bank Aktiengesellschaft

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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