Deutsche Bank Aktiengesellschaft $DB Holdings Trimmed by Franklin Resources Inc.

Franklin Resources Inc. cut its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 10.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,933,075 shares of the bank’s stock after selling 1,016,684 shares during the quarter. Franklin Resources Inc.’s holdings in Deutsche Bank Aktiengesellschaft were worth $343,702,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Fiera Capital Corp boosted its position in shares of Deutsche Bank Aktiengesellschaft by 26.0% during the 4th quarter. Fiera Capital Corp now owns 236,337 shares of the bank’s stock valued at $9,113,000 after purchasing an additional 48,717 shares in the last quarter. 111 Capital acquired a new stake in Deutsche Bank Aktiengesellschaft during the fourth quarter valued at approximately $4,046,000. WINTON GROUP Ltd bought a new stake in Deutsche Bank Aktiengesellschaft during the fourth quarter worth approximately $690,000. Prudential PLC grew its position in Deutsche Bank Aktiengesellschaft by 1.7% in the fourth quarter. Prudential PLC now owns 326,336 shares of the bank’s stock worth $12,677,000 after buying an additional 5,368 shares during the last quarter. Finally, Verus Capital Partners LLC acquired a new position in Deutsche Bank Aktiengesellschaft in the fourth quarter worth approximately $214,000. 27.90% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Deutsche Bank Aktiengesellschaft Price Performance

DB opened at $31.38 on Tuesday. The firm has a market capitalization of $60.87 billion, a P/E ratio of 8.64, a PEG ratio of 0.42 and a beta of 0.93. The stock has a fifty day moving average of $31.75 and a 200-day moving average of $34.57. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.40. Deutsche Bank Aktiengesellschaft has a 12-month low of $27.13 and a 12-month high of $40.43.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its quarterly earnings results on Wednesday, April 29th. The bank reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.09. Deutsche Bank Aktiengesellschaft had a return on equity of 7.69% and a net margin of 10.43%.The firm had revenue of $10.04 billion for the quarter, compared to analyst estimates of $9.85 billion. Equities analysts forecast that Deutsche Bank Aktiengesellschaft will post 4.02 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft 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.