Voya Investment Management LLC Sells 31,979 Shares of Deutsche Bank Aktiengesellschaft $DB

Key Points

• Voya Investment Management LLC reduced its stake in Deutsche Bank Aktiengesellschaft by 9.9%, selling 31,979 shares during the first quarter, leaving them with a total of 290,665 shares valued at approximately $6.85 million.
• Deutsche Bank's stock price has fluctuated between a 1-year low of $16.02 and a 1-year high of $37.86, with current trading at $36.47.
• The company reported an EPS of $0.54 for the last quarter, which missed analysts' expectations of $0.78, despite a revenue of $9.21 billion that surpassed the consensus estimate.

Voya Investment Management LLC lessened its position in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 9.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 290,665 shares of the bank's stock after selling 31,979 shares during the quarter. Voya Investment Management LLC's holdings in Deutsche Bank Aktiengesellschaft were worth $6,851,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC raised its holdings in Deutsche Bank Aktiengesellschaft by 68.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 23,763 shares of the bank's stock worth $567,000 after acquiring an additional 9,684 shares during the period. Jefferies Financial Group Inc. bought a new position in shares of Deutsche Bank Aktiengesellschaft during the 1st quarter worth about $2,308,000. LPL Financial LLC raised its position in shares of Deutsche Bank Aktiengesellschaft by 139.4% during the first quarter. LPL Financial LLC now owns 70,463 shares of the bank's stock valued at $1,679,000 after buying an additional 41,028 shares during the last quarter. Sequoia Financial Advisors LLC raised its position in shares of Deutsche Bank Aktiengesellschaft by 6.3% during the first quarter. Sequoia Financial Advisors LLC now owns 15,089 shares of the bank's stock valued at $360,000 after buying an additional 900 shares during the last quarter. Finally, American Century Companies Inc. lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 3.7% in the first quarter. American Century Companies Inc. now owns 930,135 shares of the bank's stock valued at $22,165,000 after buying an additional 33,027 shares during the period. Institutional investors own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Trading Up 0.9%

NYSE:DB traded up $0.34 during trading hours on Friday, hitting $36.28. The stock had a trading volume of 5,106,327 shares, compared to its average volume of 2,499,917. Deutsche Bank Aktiengesellschaft has a one year low of $16.02 and a one year high of $37.86. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.79 and a current ratio of 0.79. The company has a market cap of $72.27 billion, a price-to-earnings ratio of 13.79, a P/E/G ratio of 0.44 and a beta of 1.03. The business's 50 day moving average is $34.63 and its 200-day moving average is $29.12.

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

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Zacks Research cut shares of Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 22nd. Royal Bank Of Canada reiterated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, July 28th. The Goldman Sachs Group lowered shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "neutral" rating in a research report on Tuesday, August 26th. Kepler Capital Markets lowered shares of Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 28th. Finally, Wall Street Zen lowered shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research report on Saturday, July 26th. 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 company. Based on data from MarketBeat.com, Deutsche Bank Aktiengesellschaft has a consensus rating of "Hold".

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.