Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC trimmed its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 19.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,450 shares of the bank’s stock after selling 2,750 shares during the period. Private Advisor Group LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $273,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Capital International Investors increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 9.4% during the 4th quarter. Capital International Investors now owns 87,660,818 shares of the bank’s stock worth $1,510,097,000 after buying an additional 7,558,488 shares during the last quarter. Marshall Wace LLP increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 18.7% during the 4th quarter. Marshall Wace LLP now owns 15,034,039 shares of the bank’s stock worth $258,903,000 after buying an additional 2,369,480 shares during the last quarter. Capital International Inc. CA increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 23.4% during the 4th quarter. Capital International Inc. CA now owns 9,269,824 shares of the bank’s stock worth $159,774,000 after buying an additional 1,755,675 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 72.3% during 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 buying an additional 2,266,996 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 19.8% during the 4th quarter. Russell Investments Group Ltd. now owns 4,339,113 shares of the bank’s stock worth $74,729,000 after buying an additional 715,798 shares during the last quarter. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on DB shares. Wall Street Zen downgraded Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report on Saturday, July 26th. Bank of America assumed coverage on shares of Deutsche Bank Aktiengesellschaft in a research report on Tuesday, June 10th. They set a “buy” rating for the company. Cfra Research raised shares of Deutsche Bank Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research report on Wednesday, April 30th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday. Finally, Kepler Capital Markets cut shares of Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 28th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Deutsche Bank Aktiengesellschaft has a consensus rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of DB stock opened at $32.54 on Friday. Deutsche Bank Aktiengesellschaft has a 12 month low of $13.70 and a 12 month high of $34.14. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.79 and a quick ratio of 0.79. The firm has a market capitalization of $64.82 billion, a P/E ratio of 12.37, a P/E/G ratio of 0.40 and a beta of 1.02. The company’s fifty day moving average price is $29.40 and its two-hundred day moving average price is $25.20.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings data on Thursday, July 24th. The bank reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.24). Deutsche Bank Aktiengesellschaft had a return on equity of 6.01% and a net margin of 7.67%. The firm had revenue of $9.21 billion during the quarter, compared to analyst estimates of $7.80 billion. On average, research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share 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.