Commerzbank Aktiengesellschaft FI Grows Stock Holdings in Deutsche Bank Aktiengesellschaft $DB

Commerzbank Aktiengesellschaft FI lifted its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 43.6% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 4,678,583 shares of the bank’s stock after purchasing an additional 1,419,788 shares during the period. Deutsche Bank Aktiengesellschaft accounts for approximately 2.9% of Commerzbank Aktiengesellschaft FI’s investment portfolio, making the stock its 12th largest holding. Commerzbank Aktiengesellschaft FI’s holdings in Deutsche Bank Aktiengesellschaft were worth $139,328,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the company. Compagnie Lombard Odier SCmA boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 10.5% in the fourth quarter. Compagnie Lombard Odier SCmA now owns 629,334 shares of the bank’s stock worth $24,475,000 after buying an additional 59,925 shares during the last quarter. Vanguard Group Inc. increased its holdings in Deutsche Bank Aktiengesellschaft by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 80,119,806 shares of the bank’s stock valued at $3,087,737,000 after buying an additional 1,051,072 shares during the last quarter. QRG Capital Management Inc. increased its holdings in Deutsche Bank Aktiengesellschaft by 27.3% during the fourth quarter. QRG Capital Management Inc. now owns 209,554 shares of the bank’s stock valued at $8,080,000 after buying an additional 44,937 shares during the last quarter. Triasima Portfolio Management inc. bought a new position in Deutsche Bank Aktiengesellschaft in the fourth quarter worth approximately $1,601,000. Finally, ABN AMRO Bank N.V. boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 116.8% during the 4th quarter. ABN AMRO Bank N.V. now owns 264,172 shares of the bank’s stock worth $10,234,000 after acquiring an additional 142,348 shares during the last quarter. 27.90% of the stock is owned by hedge funds and other institutional investors.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of NYSE DB opened at $34.68 on Tuesday. The company has a market cap of $67.27 billion, a P/E ratio of 9.55, a P/E/G ratio of 0.48 and a beta of 0.94. Deutsche Bank Aktiengesellschaft has a 52-week low of $28.12 and a 52-week high of $40.43. 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’s fifty day moving average is $33.71 and its two-hundred day moving average is $34.12.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings data on Wednesday, April 29th. The bank reported $1.24 EPS for the quarter, beating the consensus estimate of $1.15 by $0.09. The business 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%. As a group, analysts anticipate that Deutsche Bank Aktiengesellschaft will post 3.91 EPS for the current fiscal year.

Analysts Set New Price Targets

DB has been the topic of several analyst reports. Citigroup reiterated a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday. Wall Street Zen cut Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Morgan Stanley reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, July 2nd. Barclays downgraded Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a research note on Monday, April 20th. Finally, Oddo Bhf raised shares of Deutsche Bank Aktiengesellschaft to an “outperform” rating in a report on Friday, May 8th. Four equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, Deutsche Bank Aktiengesellschaft presently has an average rating of “Hold” and a consensus price target 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.