Jupiter Asset Management Ltd. Has $2.56 Million Stock Position in Deutsche Bank Aktiengesellschaft $DB

Jupiter Asset Management Ltd. reduced its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 91.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 86,672 shares of the bank’s stock after selling 906,803 shares during the quarter. Jupiter Asset Management Ltd.’s holdings in Deutsche Bank Aktiengesellschaft were worth $2,561,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its position in Deutsche Bank Aktiengesellschaft by 172.1% in the first quarter. Envestnet Asset Management Inc. now owns 709,211 shares of the bank’s stock worth $16,900,000 after purchasing an additional 448,567 shares during the period. M&T Bank Corp increased its stake in shares of Deutsche Bank Aktiengesellschaft by 15.3% in the first quarter. M&T Bank Corp now owns 16,438 shares of the bank’s stock valued at $392,000 after buying an additional 2,178 shares in the last quarter. Cerity Partners LLC lifted its position in shares of Deutsche Bank Aktiengesellschaft by 25.7% during the first quarter. Cerity Partners LLC now owns 134,734 shares of the bank’s stock worth $3,211,000 after purchasing an additional 27,514 shares in the last quarter. Signaturefd LLC boosted its position in Deutsche Bank Aktiengesellschaft by 4.2% in the 1st quarter. Signaturefd LLC now owns 38,318 shares of the bank’s stock valued at $913,000 after buying an additional 1,537 shares during the last quarter. Finally, Apollon Wealth Management LLC acquired a new stake in Deutsche Bank Aktiengesellschaft in the first quarter worth about $213,000. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Stock Down 1.9%

DB opened at $37.90 on Friday. The stock has a fifty day moving average of $35.63 and a 200-day moving average of $32.34. The company has a market capitalization of $75.49 billion, a P/E ratio of 13.98, a P/E/G ratio of 1.12 and a beta of 1.02. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $16.02 and a fifty-two week high of $38.78. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.79 and a current ratio of 0.79.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings results on Wednesday, October 29th. The bank reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.16. The business had revenue of $9.44 billion for the quarter, compared to analyst estimates of $7.75 billion. Deutsche Bank Aktiengesellschaft had a net margin of 7.99% and a return on equity of 6.13%. On average, equities analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have commented on DB. Wall Street Zen raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Saturday, November 1st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Wednesday, October 8th. The Goldman Sachs Group cut Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research report on Tuesday, August 26th. Kepler Capital Markets downgraded shares of Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 28th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Tuesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, and asset management products and services to private individuals, corporate entities, and institutional clients in Germany, the United Kingdom, rest of Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.