Martin Investment Management LLC Acquires Shares of 525,950 Deutsche Bank Aktiengesellschaft $DB

Martin Investment Management LLC acquired a new position in Deutsche Bank Aktiengesellschaft (NYSE:DB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 525,950 shares of the bank’s stock, valued at approximately $20,281,000. Deutsche Bank Aktiengesellschaft comprises about 5.3% of Martin Investment Management LLC’s investment portfolio, making the stock its 7th largest holding.

Other hedge funds have also recently modified their holdings of the company. Mediolanum International Funds Ltd lifted its position in shares of Deutsche Bank Aktiengesellschaft by 50.8% during the third quarter. Mediolanum International Funds Ltd now owns 273,437 shares of the bank’s stock worth $9,632,000 after purchasing an additional 92,166 shares during the last quarter. Cibc World Market Inc. increased its stake in Deutsche Bank Aktiengesellschaft by 121.7% in the 3rd quarter. Cibc World Market Inc. now owns 181,591 shares of the bank’s stock worth $6,381,000 after buying an additional 99,701 shares during the period. Compagnie Lombard Odier SCmA lifted its holdings in Deutsche Bank Aktiengesellschaft by 10.5% during the 4th quarter. Compagnie Lombard Odier SCmA now owns 629,334 shares of the bank’s stock valued at $24,475,000 after buying an additional 59,925 shares in the last quarter. Capital World Investors grew its stake in Deutsche Bank Aktiengesellschaft by 1.2% in the 3rd 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. Finally, ABN AMRO Bank N.V. grew its stake in Deutsche Bank Aktiengesellschaft by 629.4% in the third quarter. ABN AMRO Bank N.V. now owns 121,824 shares of the bank’s stock worth $4,269,000 after purchasing an additional 105,122 shares in the last quarter. Institutional investors own 27.90% of the company’s stock.

Analyst Upgrades and Downgrades

DB has been the subject of a number of recent research reports. 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. Barclays downgraded Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a report on Monday, April 20th. Wall Street Zen raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Citigroup upgraded Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research note on Thursday, April 9th. Finally, Oddo Bhf upgraded Deutsche Bank Aktiengesellschaft to an “outperform” rating in a research note on Friday, May 8th. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Performance

DB opened at $32.19 on Tuesday. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.40. The firm’s 50-day moving average price is $31.48 and its 200-day moving average price is $34.74. Deutsche Bank Aktiengesellschaft has a 52-week low of $27.13 and a 52-week high of $40.43. The company has a market cap of $62.44 billion, a P/E ratio of 8.87, a price-to-earnings-growth ratio of 0.43 and a beta of 0.93.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its earnings results 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. The company had revenue of $10.04 billion during the quarter, compared to analyst estimates of $9.85 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 7.69% and a net margin of 10.43%. As a group, equities analysts anticipate that Deutsche Bank Aktiengesellschaft will post 4.02 EPS for the current fiscal 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.