Capital International Inc. CA Has $120.27 Million Stock Position in Deutsche Bank Aktiengesellschaft $DB

Capital International Inc. CA trimmed its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 39.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,091,176 shares of the bank’s stock after selling 1,975,175 shares during the quarter. Deutsche Bank Aktiengesellschaft accounts for 0.9% of Capital International Inc. CA’s portfolio, making the stock its 26th largest holding. Capital International Inc. CA’s holdings in Deutsche Bank Aktiengesellschaft were worth $120,265,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in DB. Legacy Capital Group California Inc. boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 2.2% in the 3rd quarter. Legacy Capital Group California Inc. now owns 12,368 shares of the bank’s stock worth $438,000 after acquiring an additional 264 shares in the last quarter. Evergreen Capital Management LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 1.9% in the 2nd quarter. Evergreen Capital Management LLC now owns 15,436 shares of the bank’s stock worth $452,000 after acquiring an additional 282 shares in the last quarter. Cresset Asset Management LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 2.4% in the 3rd quarter. Cresset Asset Management LLC now owns 11,955 shares of the bank’s stock worth $423,000 after acquiring an additional 285 shares in the last quarter. Wedbush Securities Inc. boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 4.2% in the 3rd quarter. Wedbush Securities Inc. now owns 8,226 shares of the bank’s stock worth $291,000 after acquiring an additional 331 shares in the last quarter. Finally, Aprio Wealth Management LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 1.5% in the 3rd quarter. Aprio Wealth Management LLC now owns 24,114 shares of the bank’s stock worth $854,000 after acquiring an additional 353 shares in the last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Deutsche Bank Aktiengesellschaft Stock Performance

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

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its earnings results on Wednesday, April 29th. The bank reported $1.24 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 during the quarter, compared to analysts’ expectations of $9.85 billion. As a group, equities research analysts predict that Deutsche Bank Aktiengesellschaft will post 4.02 EPS for the current year.

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.