Vontobel Holding Ltd. Cuts Stock Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Vontobel Holding Ltd. cut its position in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 15.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,357,912 shares of the bank's stock after selling 243,081 shares during the period. Vontobel Holding Ltd. owned about 0.07% of Deutsche Bank Aktiengesellschaft worth $18,537,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DB. Anchor Investment Management LLC acquired a new stake in Deutsche Bank Aktiengesellschaft during the 4th quarter worth approximately $41,000. Blue Trust Inc. raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 221.4% during the fourth quarter. Blue Trust Inc. now owns 3,882 shares of the bank's stock worth $53,000 after acquiring an additional 2,674 shares during the period. Householder Group Estate & Retirement Specialist LLC bought a new stake in Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at $44,000. Sequoia Financial Advisors LLC acquired a new position in Deutsche Bank Aktiengesellschaft in the 4th quarter worth $115,000. Finally, Charles Schwab Investment Management Inc. acquired a new position in Deutsche Bank Aktiengesellschaft in the 1st quarter worth $104,000. 27.90% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on DB shares. Citigroup cut Deutsche Bank Aktiengesellschaft from a "buy" rating to a "neutral" rating in a research report on Wednesday, January 31st. StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a report on Monday, March 18th. Morgan Stanley upgraded shares of Deutsche Bank Aktiengesellschaft from an "equal weight" rating to an "overweight" rating in a report on Wednesday, March 27th. Finally, Erste Group Bank upgraded shares of Deutsche Bank Aktiengesellschaft from a "sell" rating to a "hold" rating in a research report on Wednesday, March 13th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold".

Deutsche Bank Aktiengesellschaft Price Performance

DB stock traded down $0.13 during midday trading on Tuesday, reaching $15.38. The company had a trading volume of 3,454,608 shares, compared to its average volume of 3,286,897. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.14 and a quick ratio of 1.14. Deutsche Bank Aktiengesellschaft has a 1-year low of $9.82 and a 1-year high of $16.33. The company has a market capitalization of $31.78 billion, a price-to-earnings ratio of 7.02, a price-to-earnings-growth ratio of 0.88 and a beta of 1.32. The stock has a 50 day moving average price of $14.39 and a 200-day moving average price of $13.00.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last issued its quarterly earnings results on Friday, February 2nd. The bank reported $0.72 earnings per share for the quarter, topping analysts' consensus estimates of $0.37 by $0.35. Deutsche Bank Aktiengesellschaft had a net margin of 6.86% and a return on equity of 5.37%. The company had revenue of $5.81 billion during the quarter, compared to the consensus estimate of $7.46 billion. Equities research analysts expect that Deutsche Bank Aktiengesellschaft will post 2.22 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft Company 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.