Deutsche Bank Aktiengesellschaft $DB Shares Bought by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI lifted its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 574.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,125,577 shares of the bank’s stock after purchasing an additional 2,661,833 shares during the period. Deutsche Bank Aktiengesellschaft comprises 2.3% of Commerzbank Aktiengesellschaft FI’s portfolio, making the stock its 13th largest position. Commerzbank Aktiengesellschaft FI’s holdings in Deutsche Bank Aktiengesellschaft were worth $110,677,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. AQR Capital Management LLC boosted its position in Deutsche Bank Aktiengesellschaft by 15.9% in the 1st quarter. AQR Capital Management LLC now owns 126,101 shares of the bank’s stock valued at $3,005,000 after buying an additional 17,262 shares during the last quarter. Focus Partners Wealth purchased a new position in Deutsche Bank Aktiengesellschaft in the first quarter valued at about $795,000. Sivia Capital Partners LLC acquired a new stake in Deutsche Bank Aktiengesellschaft during the 2nd quarter valued at approximately $413,000. Wealth Enhancement Advisory Services LLC increased its holdings in Deutsche Bank Aktiengesellschaft by 74.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 41,559 shares of the bank’s stock worth $1,216,000 after purchasing an additional 17,796 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its position in shares of Deutsche Bank Aktiengesellschaft by 46.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 2,387 shares of the bank’s stock valued at $70,000 after purchasing an additional 758 shares in the last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently issued reports on DB. Wall Street Zen upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Saturday, December 20th. Morgan Stanley reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, January 8th. Citigroup reaffirmed a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday. Zacks Research lowered Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Finally, Barclays raised Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a report on Friday, October 10th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Down 0.2%

Shares of Deutsche Bank Aktiengesellschaft stock opened at $39.07 on Friday. The stock has a market capitalization of $77.82 billion, a price-to-earnings ratio of 14.42, a PEG ratio of 0.36 and a beta of 0.96. Deutsche Bank Aktiengesellschaft has a twelve month low of $18.56 and a twelve month high of $39.82. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.40. The business’s 50 day simple moving average is $37.53 and its 200-day simple moving average is $35.79.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings data on Wednesday, October 29th. The bank reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.16. The firm had revenue of $9.44 billion during the quarter, compared to the consensus estimate of $7.75 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 5.97% and a net margin of 7.99%. Equities research analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft 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.