Rockefeller Capital Management L.P. Has $340,000 Stock Holdings in Deutsche Bank Aktiengesellschaft $DB

Rockefeller Capital Management L.P. trimmed its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 95.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,824 shares of the bank’s stock after selling 208,154 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Deutsche Bank Aktiengesellschaft were worth $340,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of DB. Capital World Investors raised its stake in Deutsche Bank Aktiengesellschaft by 1.2% during the third quarter. Capital World Investors now owns 4,442,141 shares of the bank’s stock worth $156,201,000 after acquiring an additional 51,972 shares in the last quarter. Compagnie Lombard Odier SCmA grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 10.5% in the 4th quarter. Compagnie Lombard Odier SCmA now owns 629,334 shares of the bank’s stock worth $24,475,000 after purchasing an additional 59,925 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 80,119,806 shares of the bank’s stock worth $3,087,737,000 after purchasing an additional 1,051,072 shares during the last quarter. QRG Capital Management Inc. lifted its holdings in Deutsche Bank Aktiengesellschaft by 27.3% during the 4th quarter. QRG Capital Management Inc. now owns 209,554 shares of the bank’s stock valued at $8,080,000 after purchasing an additional 44,937 shares during the last quarter. Finally, ABN AMRO Bank N.V. boosted its position in Deutsche Bank Aktiengesellschaft by 116.8% in the fourth quarter. ABN AMRO Bank N.V. now owns 264,172 shares of the bank’s stock valued at $10,234,000 after buying an additional 142,348 shares in the last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Stock Performance

NYSE DB opened at $37.29 on Tuesday. The stock has a market cap of $72.35 billion, a PE ratio of 10.29, a P/E/G ratio of 0.49 and a beta of 0.94. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.74 and a current ratio of 0.74. The firm has a 50-day moving average of $32.89 and a 200-day moving average of $34.34. Deutsche Bank Aktiengesellschaft has a 52-week low of $28.12 and a 52-week high of $40.43.

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 the consensus estimate of $1.15 by $0.09. The firm had revenue of $10.04 billion during the quarter, compared to the consensus estimate of $9.85 billion. Deutsche Bank Aktiengesellschaft had a net margin of 10.43% and a return on equity of 7.69%. On average, sell-side analysts anticipate that Deutsche Bank Aktiengesellschaft will post 3.95 EPS for the current year.

Analyst Ratings Changes

DB has been the topic of a number of research reports. Wall Street Zen lowered shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Oddo Bhf raised shares of Deutsche Bank Aktiengesellschaft to an “outperform” rating in a research note on Friday, May 8th. 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. Citigroup raised Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research note on Thursday, April 9th. Finally, Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Thursday. Four analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $43.00.

Deutsche Bank Aktiengesellschaft Company 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.