The Manufacturers Life Insurance Company Grows Stock Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

The Manufacturers Life Insurance Company grew its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 3.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 833,510 shares of the bank's stock after purchasing an additional 24,224 shares during the period. The Manufacturers Life Insurance Company's holdings in Deutsche Bank Aktiengesellschaft were worth $14,434,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Versant Capital Management Inc bought a new stake in Deutsche Bank Aktiengesellschaft in the fourth quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the third quarter worth $43,000. Jones Financial Companies Lllp raised its stake in Deutsche Bank Aktiengesellschaft by 1,270.5% during the fourth quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank's stock worth $69,000 after buying an additional 3,748 shares during the last quarter. Activest Wealth Management acquired a new position in Deutsche Bank Aktiengesellschaft in the fourth quarter valued at $86,000. Finally, Smartleaf Asset Management LLC grew its holdings in Deutsche Bank Aktiengesellschaft by 218.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 7,278 shares of the bank's stock worth $125,000 after acquiring an additional 4,992 shares during the period. 27.90% of the stock is currently owned by institutional investors.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of NYSE DB traded down $0.08 during midday trading on Wednesday, reaching $26.66. The company's stock had a trading volume of 2,297,241 shares, compared to its average volume of 2,304,293. The stock has a market capitalization of $53.11 billion, a P/E ratio of 19.18 and a beta of 1.00. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.74 and a quick ratio of 0.78. The firm has a 50 day moving average price of $23.74 and a 200-day moving average price of $20.06. Deutsche Bank Aktiengesellschaft has a 12-month low of $13.70 and a 12-month high of $27.25.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last posted its quarterly earnings data 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 analysts' expectations of $7.95 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. As a group, equities analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on DB. Cfra Research upgraded shares of Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, April 30th. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research report on Wednesday, February 5th. The Goldman Sachs Group raised Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a research report on Thursday, January 30th. Barclays reiterated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, February 3rd. Finally, Royal Bank of Canada reiterated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, March 24th. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Deutsche Bank Aktiengesellschaft presently has a consensus rating of "Moderate Buy".

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.