Forsta AP Fonden Purchases 53,167 Shares of Deutsche Bank Aktiengesellschaft $DB

Forsta AP Fonden raised its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 14.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 427,972 shares of the bank’s stock after purchasing an additional 53,167 shares during the period. Forsta AP Fonden’s holdings in Deutsche Bank Aktiengesellschaft were worth $16,503,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Triumph Capital Management bought a new position in Deutsche Bank Aktiengesellschaft during the third quarter valued at $32,000. Cary Street Partners Investment Advisory LLC grew its holdings in Deutsche Bank Aktiengesellschaft by 61.8% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 1,081 shares of the bank’s stock valued at $38,000 after purchasing an additional 413 shares during the period. Geneos Wealth Management Inc. grew its holdings in Deutsche Bank Aktiengesellschaft by 178.0% during the second quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the bank’s stock valued at $40,000 after purchasing an additional 881 shares during the period. Westside Investment Management Inc. grew its holdings in Deutsche Bank Aktiengesellschaft by 100.0% during the third quarter. Westside Investment Management Inc. now owns 1,186 shares of the bank’s stock valued at $42,000 after purchasing an additional 593 shares during the period. Finally, Advisory Services Network LLC bought a new position in Deutsche Bank Aktiengesellschaft during the third quarter valued at $59,000. 27.90% of the stock is owned by institutional investors.

Deutsche Bank Aktiengesellschaft Price Performance

Deutsche Bank Aktiengesellschaft stock opened at $32.33 on Friday. Deutsche Bank Aktiengesellschaft has a one year low of $27.13 and a one year high of $40.43. The business has a fifty day moving average price of $31.43 and a 200-day moving average price of $34.80. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.74 and a quick ratio of 0.74. The firm has a market capitalization of $62.71 billion, a P/E ratio of 8.90, a PEG ratio of 0.43 and a beta of 0.94.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings data on Wednesday, April 29th. The bank reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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. As a group, equities research analysts forecast that Deutsche Bank Aktiengesellschaft will post 4.02 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on DB. Barclays lowered Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a report on Monday, April 20th. Citigroup raised Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a report on Thursday, April 9th. Wall Street Zen raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Oddo Bhf raised Deutsche Bank Aktiengesellschaft to an “outperform” rating in a report on Friday, May 8th. Finally, Weiss Ratings lowered Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 6th. Five equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Deutsche Bank Aktiengesellschaft currently has an average 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.