Venturi Wealth Management LLC Has $1 Million Stock Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Venturi Wealth Management LLC boosted its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 27.2% in the first quarter, Holdings Channel.com reports. The firm owned 41,960 shares of the bank’s stock after purchasing an additional 8,970 shares during the period. Venturi Wealth Management LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $1,000,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Norges Bank bought a new stake in shares of Deutsche Bank Aktiengesellschaft in the 4th quarter valued at approximately $773,016,000. Franklin Resources Inc. grew its stake in shares of Deutsche Bank Aktiengesellschaft by 199.8% in the 4th quarter. Franklin Resources Inc. now owns 12,931,689 shares of the bank’s stock valued at $222,715,000 after purchasing an additional 8,617,662 shares during the period. Capital International Investors grew its stake in shares of Deutsche Bank Aktiengesellschaft by 9.4% in the 4th quarter. Capital International Investors now owns 87,660,818 shares of the bank’s stock valued at $1,510,097,000 after purchasing an additional 7,558,488 shares during the period. Marshall Wace LLP grew its stake in shares of Deutsche Bank Aktiengesellschaft by 18.7% in the 4th quarter. Marshall Wace LLP now owns 15,034,039 shares of the bank’s stock valued at $258,903,000 after purchasing an additional 2,369,480 shares during the period. Finally, Grantham Mayo Van Otterloo & Co. LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 72.3% in the 4th quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 5,400,467 shares of the bank’s stock worth $93,054,000 after acquiring an additional 2,266,996 shares in the last quarter. 27.90% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have issued reports on DB. Cfra Research upgraded Deutsche Bank Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a report on Wednesday, April 30th. Bank of America began coverage on Deutsche Bank Aktiengesellschaft in a report on Tuesday, June 10th. They issued a “buy” rating for the company. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft Stock Up 2.8%

Shares of NYSE:DB opened at $31.28 on Thursday. The company has a fifty day moving average of $28.64 and a 200-day moving average of $24.40. The company has a market capitalization of $62.30 billion, a PE ratio of 18.62, a price-to-earnings-growth ratio of 0.39 and a beta of 0.97. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.79 and a current ratio of 0.79. Deutsche Bank Aktiengesellschaft has a 52-week low of $13.70 and a 52-week high of $33.36.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings results on Tuesday, April 29th. The bank reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.19. The firm had revenue of $8.97 billion during the quarter, compared to analyst estimates of $7.95 billion. Deutsche Bank Aktiengesellschaft had a net margin of 5.76% and a return on equity of 4.61%. On average, equities analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal 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.