Compound Planning Inc. Has $1.04 Million Stake in Deutsche Bank Aktiengesellschaft $DB

Compound Planning Inc. decreased its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 32.6% in the 1st quarter, Holdings Channel.com reports. The firm owned 35,015 shares of the bank’s stock after selling 16,959 shares during the quarter. Compound Planning Inc.’s holdings in Deutsche Bank Aktiengesellschaft were worth $1,043,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Triumph Capital Management bought a new position in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at $32,000. Geneos Wealth Management Inc. grew its position in Deutsche Bank Aktiengesellschaft by 178.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the bank’s stock worth $40,000 after acquiring an additional 881 shares during the last quarter. Advisory Services Network LLC bought a new stake in Deutsche Bank Aktiengesellschaft during the 3rd quarter worth $59,000. GHP Investment Advisors Inc. acquired a new position in Deutsche Bank Aktiengesellschaft in the 1st quarter worth about $64,000. Finally, Advocate Investing Services LLC bought a new position in Deutsche Bank Aktiengesellschaft in the fourth quarter valued at about $93,000. Institutional investors and hedge funds own 27.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Wall Street Zen lowered shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Bank of America set a $43.00 target price on shares of Deutsche Bank Aktiengesellschaft in a report on Tuesday, July 7th. Keefe, Bruyette & Woods raised shares of Deutsche Bank Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research note on Thursday, July 9th. Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Thursday, July 2nd. Finally, Barclays cut shares of Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a research note on Monday, April 20th. Four investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $43.00.

Deutsche Bank Aktiengesellschaft Stock Down 0.0%

Shares of NYSE DB opened at $34.66 on Monday. The firm has a market cap of $67.23 billion, a PE ratio of 9.55, a P/E/G ratio of 0.47 and a beta of 0.94. Deutsche Bank Aktiengesellschaft has a 12-month low of $28.12 and a 12-month high of $40.43. The company’s fifty day simple moving average is $33.98 and its 200 day simple moving average is $34.00. 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 (NYSE:DB) last announced its quarterly earnings data on Wednesday, April 29th. The bank reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $0.09. The firm had revenue of $10.04 billion during the quarter, compared to analysts’ expectations of $9.85 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 7.69% and a net margin of 10.43%. As a group, sell-side analysts forecast that Deutsche Bank Aktiengesellschaft will post 3.91 earnings per share for the current fiscal 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.