Deutsche Bank Aktiengesellschaft $DB Shares Sold by Capital International Ltd. CA

Capital International Ltd. CA reduced its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 6.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 791,389 shares of the bank’s stock after selling 52,768 shares during the period. Deutsche Bank Aktiengesellschaft makes up approximately 1.1% of Capital International Ltd. CA’s investment portfolio, making the stock its 24th biggest holding. Capital International Ltd. CA’s holdings in Deutsche Bank Aktiengesellschaft were worth $30,791,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Legacy Capital Group California Inc. lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 2.2% during the third quarter. Legacy Capital Group California Inc. now owns 12,368 shares of the bank’s stock worth $438,000 after buying an additional 264 shares during the period. Evergreen Capital Management LLC lifted its position in Deutsche Bank Aktiengesellschaft by 1.9% during the second quarter. Evergreen Capital Management LLC now owns 15,436 shares of the bank’s stock valued at $452,000 after purchasing an additional 282 shares during the period. Cresset Asset Management LLC lifted its position in Deutsche Bank Aktiengesellschaft by 2.4% during the third quarter. Cresset Asset Management LLC now owns 11,955 shares of the bank’s stock valued at $423,000 after purchasing an additional 285 shares during the period. Wedbush Securities Inc. lifted its position in Deutsche Bank Aktiengesellschaft by 4.2% during the third quarter. Wedbush Securities Inc. now owns 8,226 shares of the bank’s stock valued at $291,000 after purchasing an additional 331 shares during the period. Finally, Aprio Wealth Management LLC lifted its position in Deutsche Bank Aktiengesellschaft by 1.5% during the third quarter. Aprio Wealth Management LLC now owns 24,114 shares of the bank’s stock valued at $854,000 after purchasing an additional 353 shares during the period. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of DB stock opened at $31.54 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.40. Deutsche Bank Aktiengesellschaft has a 52 week low of $27.13 and a 52 week high of $40.43. The stock has a market capitalization of $61.19 billion, a PE ratio of 8.69, a P/E/G ratio of 0.42 and a beta of 0.93. The firm has a 50 day moving average of $31.71 and a two-hundred day moving average of $34.60.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings data on Wednesday, April 29th. The bank reported $1.24 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $10.04 billion for the quarter, compared to analyst estimates of $9.85 billion. On average, research analysts predict that Deutsche Bank Aktiengesellschaft will post 4.02 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Oddo Bhf upgraded shares of Deutsche Bank Aktiengesellschaft to an “outperform” rating in a research report on Friday, May 8th. Barclays cut shares of Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a research note on Monday, April 20th. Citigroup raised shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research note on Thursday, April 9th. Wall Street Zen cut shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Saturday. 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 analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Deutsche Bank Aktiengesellschaft has a consensus rating of “Hold”.

About Deutsche Bank Aktiengesellschaft

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.