Sumitomo Mitsui Trust Holdings Inc. Buys 353,600 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Sumitomo Mitsui Trust Holdings Inc. increased its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 8.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,747,137 shares of the bank's stock after acquiring an additional 353,600 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc. owned approximately 0.23% of Deutsche Bank Aktiengesellschaft worth $64,939,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new position in Deutsche Bank Aktiengesellschaft in the 4th quarter valued at $514,620,000. Deutsche Bank AG grew its stake in shares of Deutsche Bank Aktiengesellschaft by 64.0% during the 3rd quarter. Deutsche Bank AG now owns 53,995,538 shares of the bank's stock worth $593,411,000 after purchasing an additional 21,080,301 shares during the period. Franklin Resources Inc. grew its stake in shares of Deutsche Bank Aktiengesellschaft by 109.3% during the 1st quarter. Franklin Resources Inc. now owns 4,967,422 shares of the bank's stock worth $50,519,000 after purchasing an additional 2,594,172 shares during the period. Susquehanna International Securities Ltd. grew its stake in shares of Deutsche Bank Aktiengesellschaft by 534.6% during the 1st quarter. Susquehanna International Securities Ltd. now owns 3,004,303 shares of the bank's stock worth $30,674,000 after purchasing an additional 2,530,849 shares during the period. Finally, Vanguard Group Inc. grew its stake in shares of Deutsche Bank Aktiengesellschaft by 3.1% during the 1st quarter. Vanguard Group Inc. now owns 71,052,394 shares of the bank's stock worth $898,813,000 after purchasing an additional 2,166,479 shares during the period. 27.90% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Deutsche Bank Aktiengesellschaft Trading Up 0.7 %

NYSE:DB traded up $0.11 on Friday, reaching $15.91. The stock had a trading volume of 4,599,633 shares, compared to its average volume of 3,432,436. The company has a market cap of $32.88 billion, a price-to-earnings ratio of 7.26, a P/E/G ratio of 0.88 and a beta of 1.32. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.14 and a quick ratio of 1.14. The firm's fifty day moving average is $14.52 and its two-hundred day moving average is $13.04. Deutsche Bank Aktiengesellschaft has a 12-month low of $9.82 and a 12-month high of $16.33.

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