TD Waterhouse Canada Inc. Increases Stake in Deutsche Bank Aktiengesellschaft $DB

TD Waterhouse Canada Inc. increased its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DBFree Report) by 43.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 131,626 shares of the bank’s stock after purchasing an additional 39,717 shares during the period. TD Waterhouse Canada Inc.’s holdings in Deutsche Bank Aktiengesellschaft were worth $4,673,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Commerzbank Aktiengesellschaft FI lifted its position in Deutsche Bank Aktiengesellschaft by 574.0% during the third quarter. Commerzbank Aktiengesellschaft FI now owns 3,125,577 shares of the bank’s stock valued at $110,677,000 after purchasing an additional 2,661,833 shares during the period. Liontrust Investment Partners LLP purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the 2nd quarter worth $147,318,000. Generali Asset Management SPA SGR boosted its holdings in Deutsche Bank Aktiengesellschaft by 51.9% during the 3rd quarter. Generali Asset Management SPA SGR now owns 408,691 shares of the bank’s stock valued at $14,472,000 after acquiring an additional 139,630 shares during the period. Henry James International Management Inc. raised its position in Deutsche Bank Aktiengesellschaft by 121.4% in the 2nd quarter. Henry James International Management Inc. now owns 189,208 shares of the bank’s stock valued at $5,540,000 after purchasing an additional 103,747 shares in the last quarter. Finally, ASR Vermogensbeheer N.V. increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 25.9% in the 3rd quarter. ASR Vermogensbeheer N.V. now owns 430,673 shares of the bank’s stock valued at $15,156,000 after acquiring an additional 88,551 shares during the last quarter. 27.90% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Deutsche Bank Aktiengesellschaft

Here are the key news stories impacting Deutsche Bank Aktiengesellschaft this week:

Deutsche Bank Aktiengesellschaft Trading Up 0.3%

Shares of DB stock opened at $39.22 on Friday. The firm’s fifty day simple moving average is $38.05 and its 200 day simple moving average is $36.08. 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 firm has a market capitalization of $78.13 billion, a P/E ratio of 11.43, a price-to-earnings-growth ratio of 0.36 and a beta of 0.96. Deutsche Bank Aktiengesellschaft has a 1 year low of $18.56 and a 1 year high of $40.43.

Deutsche Bank Aktiengesellschaft (NYSE:DBGet Free Report) last announced its earnings results on Thursday, January 29th. The bank reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.16. Deutsche Bank Aktiengesellschaft had a net margin of 10.02% and a return on equity of 7.48%. The company had revenue of $8.99 billion for the quarter, compared to analyst estimates of $7.71 billion. As a group, sell-side analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Wall Street Zen raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. Barclays upgraded shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Friday, October 10th. Weiss Ratings reiterated a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Wednesday, January 21st. Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, January 8th. Finally, Jefferies Financial Group assumed coverage on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, October 20th. They issued a “hold” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Deutsche Bank Aktiengesellschaft currently has an average rating of “Hold”.

Check Out Our Latest Report on Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Deutsche Bank Aktiengesellschaft (NYSE:DB)

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