Capital International Investors Lowers Stake in Deutsche Bank Aktiengesellschaft $DB

Capital International Investors lowered its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 19.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 66,506,600 shares of the bank’s stock after selling 16,033,935 shares during the period. Capital International Investors’ holdings in Deutsche Bank Aktiengesellschaft were worth $2,586,227,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Triumph Capital Management acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at $32,000. Cary Street Partners Investment Advisory LLC grew its position in shares of Deutsche Bank Aktiengesellschaft by 61.8% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 1,081 shares of the bank’s stock valued at $38,000 after acquiring an additional 413 shares during the period. Geneos Wealth Management Inc. grew its position in shares of 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 acquiring an additional 881 shares during the period. Advisory Services Network LLC acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter valued at about $59,000. Finally, Bessemer Group Inc. lifted its stake in Deutsche Bank Aktiengesellschaft by 157.9% in the 3rd quarter. Bessemer Group Inc. now owns 1,986 shares of the bank’s stock valued at $70,000 after buying an additional 1,216 shares in the last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Trading Down 2.0%

Shares of DB opened at $31.54 on Friday. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.40. The firm’s 50-day moving average is $31.71 and its two-hundred day moving average is $34.60. Deutsche Bank Aktiengesellschaft has a twelve month low of $27.13 and a twelve month high of $40.43. The firm has a market capitalization of $61.19 billion, a P/E ratio of 8.69, a PEG ratio of 0.42 and a beta of 0.93.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly 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 net margin of 10.43% and a return on equity of 7.69%. The company had revenue of $10.04 billion for the quarter, compared to the consensus estimate of $9.85 billion. On average, research analysts predict that Deutsche Bank Aktiengesellschaft will post 4.02 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Citigroup raised shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research note on Thursday, April 9th. Barclays downgraded shares of Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a report on Monday, April 20th. Wall Street Zen downgraded shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report on Saturday. Oddo Bhf upgraded shares of Deutsche Bank Aktiengesellschaft to an “outperform” rating in a research note on Friday, May 8th. Finally, Weiss Ratings downgraded shares of Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, May 6th. Five analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, Deutsche Bank Aktiengesellschaft currently has a consensus rating of “Hold”.

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.