ASR Vermogensbeheer N.V. Acquires 88,551 Shares of Deutsche Bank Aktiengesellschaft $DB

ASR Vermogensbeheer N.V. increased its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 25.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 430,673 shares of the bank’s stock after acquiring an additional 88,551 shares during the quarter. ASR Vermogensbeheer N.V.’s holdings in Deutsche Bank Aktiengesellschaft were worth $15,156,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DB. Opal Wealth Advisors LLC acquired a new position in shares of Deutsche Bank Aktiengesellschaft during the second quarter worth approximately $25,000. Salomon & Ludwin LLC increased its position in Deutsche Bank Aktiengesellschaft by 2,807.4% during the third quarter. Salomon & Ludwin LLC now owns 785 shares of the bank’s stock worth $28,000 after acquiring an additional 758 shares during the period. Geneos Wealth Management Inc. raised its stake in Deutsche Bank Aktiengesellschaft by 178.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the bank’s stock valued at $40,000 after purchasing an additional 881 shares during the last quarter. MAI Capital Management boosted its holdings in Deutsche Bank Aktiengesellschaft by 385.1% in the 2nd quarter. MAI Capital Management now owns 1,824 shares of the bank’s stock valued at $53,000 after purchasing an additional 1,448 shares during the period. Finally, Allworth Financial LP grew its position in Deutsche Bank Aktiengesellschaft by 54.0% in the 2nd quarter. Allworth Financial LP now owns 2,143 shares of the bank’s stock worth $63,000 after purchasing an additional 751 shares during the last quarter. Institutional investors and hedge funds own 27.90% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Jefferies Financial Group started coverage on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, October 20th. They set a “hold” rating for the company. Weiss Ratings restated a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Wednesday, October 8th. Wall Street Zen upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, January 8th. Finally, Zacks Research cut Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Deutsche Bank Aktiengesellschaft currently has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Trading Up 0.2%

DB stock opened at $38.93 on Friday. The business has a fifty day moving average price of $37.46 and a 200 day moving average price of $35.41. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.78 and a quick ratio of 0.78. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $18.56 and a fifty-two week high of $39.82. The stock has a market capitalization of $77.43 billion, a price-to-earnings ratio of 14.37, a P/E/G ratio of 0.36 and a beta of 0.96.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its earnings results on Wednesday, October 29th. The bank reported $0.97 EPS for the quarter, topping the consensus estimate of $0.81 by $0.16. Deutsche Bank Aktiengesellschaft had a return on equity of 5.97% and a net margin of 7.99%.The company had revenue of $9.44 billion for the quarter, compared to analysts’ expectations of $7.75 billion. Analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.