111 Capital Takes Position in Deutsche Bank Aktiengesellschaft $DB

111 Capital acquired a new stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 104,030 shares of the bank’s stock, valued at approximately $4,046,000. Deutsche Bank Aktiengesellschaft makes up about 0.9% of 111 Capital’s holdings, making the stock its 19th largest position.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in shares of Deutsche Bank Aktiengesellschaft by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 80,119,806 shares of the bank’s stock valued at $3,087,737,000 after buying an additional 1,051,072 shares in the last quarter. Amundi lifted its position in shares of Deutsche Bank Aktiengesellschaft by 22.0% during the 3rd quarter. Amundi now owns 49,597,003 shares of the bank’s stock valued at $1,732,919,000 after buying an additional 8,932,484 shares in the last quarter. Fisher Asset Management LLC lifted its position in shares of Deutsche Bank Aktiengesellschaft by 3.7% during the 4th quarter. Fisher Asset Management LLC now owns 27,398,661 shares of the bank’s stock valued at $1,056,492,000 after buying an additional 966,655 shares in the last quarter. Legal & General Group Plc lifted its position in shares of Deutsche Bank Aktiengesellschaft by 2.3% during the 4th quarter. Legal & General Group Plc now owns 14,664,607 shares of the bank’s stock valued at $570,302,000 after buying an additional 332,004 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the 4th quarter valued at about $532,397,000. 27.90% of the stock is owned by hedge funds and other institutional investors.

Deutsche Bank Aktiengesellschaft Stock Down 2.0%

Shares of DB opened at $31.54 on Friday. The business’s 50 day moving average is $31.71 and its 200 day moving average is $34.60. The company has a market capitalization of $61.19 billion, a PE ratio of 8.69, a price-to-earnings-growth ratio of 0.43 and a beta of 0.93. Deutsche Bank Aktiengesellschaft has a 12-month low of $27.13 and a 12-month high of $40.43. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.40.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its earnings results on Wednesday, April 29th. The bank reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.09. Deutsche Bank Aktiengesellschaft had a return on equity of 7.69% and a net margin of 10.43%.The company had revenue of $10.04 billion for the quarter, compared to the consensus estimate of $9.85 billion. Research analysts expect that Deutsche Bank Aktiengesellschaft will post 4.02 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Wall Street Zen downgraded Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Saturday. Oddo Bhf raised Deutsche Bank Aktiengesellschaft to an “outperform” rating in a research note on Friday, May 8th. Citigroup raised Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research note on Thursday, April 9th. Barclays downgraded Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a research note on Monday, April 20th. Finally, Weiss Ratings downgraded Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, May 6th. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Deutsche Bank Aktiengesellschaft has an average rating of “Hold”.

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.