Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Sold by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC decreased its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 70.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,513 shares of the bank's stock after selling 15,199 shares during the quarter. Tower Research Capital LLC TRC's holdings in Deutsche Bank Aktiengesellschaft were worth $111,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the third quarter worth about $43,000. Jones Financial Companies Lllp boosted its stake in shares of 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 period. Activest Wealth Management acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter worth about $86,000. Smartleaf Asset Management LLC boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 218.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 7,278 shares of the bank's stock worth $125,000 after buying an additional 4,992 shares during the period. Finally, Headlands Technologies LLC boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 3,320.8% during the fourth quarter. Headlands Technologies LLC now owns 8,894 shares of the bank's stock worth $152,000 after buying an additional 8,634 shares during the period. Hedge funds and other institutional investors own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Stock Performance

NYSE:DB traded up $0.10 during mid-day trading on Monday, reaching $27.48. The stock had a trading volume of 2,951,359 shares, compared to its average volume of 2,314,266. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.78 and a current ratio of 0.74. The firm has a market capitalization of $54.73 billion, a price-to-earnings ratio of 19.77 and a beta of 1.00. Deutsche Bank Aktiengesellschaft has a twelve month low of $13.70 and a twelve month high of $27.83. The business has a 50 day simple moving average of $24.07 and a 200 day simple moving average of $20.27.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The bank reported $1.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.85 by $0.19. Deutsche Bank Aktiengesellschaft had a net margin of 4.66% and a return on equity of 3.90%. The company had revenue of $8.97 billion during the quarter, compared to the consensus estimate of $7.95 billion. On average, analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on DB shares. Citigroup reiterated a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Royal Bank of Canada reiterated an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, March 24th. Barclays restated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a research report on Thursday, January 30th. Finally, StockNews.com upgraded shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research report on Wednesday, February 5th. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy".

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.