SG Americas Securities LLC lowered its stake in Deutsche Bank AG (NYSE:DB) by 87.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 79,168 shares of the bank’s stock after selling 538,065 shares during the quarter. SG Americas Securities LLC’s holdings in Deutsche Bank were worth $643,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Cerity Partners LLC grew its stake in Deutsche Bank by 13.4% during the 4th quarter. Cerity Partners LLC now owns 11,513 shares of the bank’s stock valued at $94,000 after acquiring an additional 1,361 shares in the last quarter. Creative Planning grew its stake in Deutsche Bank by 8.7% during the 1st quarter. Creative Planning now owns 17,964 shares of the bank’s stock valued at $146,000 after acquiring an additional 1,437 shares in the last quarter. Advisor Group Inc. lifted its holdings in shares of Deutsche Bank by 19.2% during the 4th quarter. Advisor Group Inc. now owns 14,271 shares of the bank’s stock valued at $116,000 after buying an additional 2,294 shares during the last quarter. Wetherby Asset Management Inc. lifted its holdings in shares of Deutsche Bank by 12.4% during the 4th quarter. Wetherby Asset Management Inc. now owns 23,021 shares of the bank’s stock valued at $188,000 after buying an additional 2,531 shares during the last quarter. Finally, Partnervest Advisory Services LLC lifted its holdings in shares of Deutsche Bank by 16.2% during the 4th quarter. Partnervest Advisory Services LLC now owns 21,500 shares of the bank’s stock valued at $175,000 after buying an additional 3,000 shares during the last quarter. 23.04% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts have recently issued reports on the company. Zacks Investment Research upgraded Deutsche Bank from a “sell” rating to a “hold” rating in a report on Wednesday, May 8th. HSBC reiterated a “hold” rating on shares of Deutsche Bank in a report on Thursday, April 4th. DZ Bank reiterated a “neutral” rating on shares of Deutsche Bank in a report on Tuesday, March 19th. UBS Group reiterated a “hold” rating on shares of Deutsche Bank in a report on Thursday, April 4th. Finally, JPMorgan Chase & Co. reiterated a “hold” rating and set a $7.00 price target on shares of Deutsche Bank in a report on Thursday, April 25th. Ten equities research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company’s stock. The stock currently has an average rating of “Sell” and a consensus price target of $7.55.

DB traded down $0.01 on Tuesday, hitting $7.42. The company had a trading volume of 70,496 shares, compared to its average volume of 5,134,318. Deutsche Bank AG has a 1-year low of $7.39 and a 1-year high of $13.17. The company has a debt-to-equity ratio of 2.27, a quick ratio of 0.80 and a current ratio of 0.80. The firm has a market cap of $15.67 billion, a P/E ratio of 17.26 and a beta of 1.35.

Deutsche Bank (NYSE:DB) last issued its quarterly earnings results on Friday, April 26th. The bank reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. Deutsche Bank had a return on equity of 0.48% and a net margin of 0.88%. The company had revenue of $7.21 billion during the quarter. As a group, analysts anticipate that Deutsche Bank AG will post 0.56 earnings per share for the current fiscal year.

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About Deutsche Bank

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. It operates through three segments: Corporate & Investment Bank (CIB), Private & Commercial Bank (PCB), and Deutsche Asset Management.

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Institutional Ownership by Quarter for Deutsche Bank (NYSE:DB)

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