Janus Henderson Group PLC Has $19.50 Million Holdings in Deutsche Bank Aktiengesellschaft $DB

Janus Henderson Group PLC trimmed its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 90.3% during the first quarter, Holdings Channel.com reports. The institutional investor owned 676,223 shares of the bank’s stock after selling 6,261,957 shares during the quarter. Janus Henderson Group PLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $19,502,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of DB. Evergreen Capital Management LLC increased its stake in shares of Deutsche Bank Aktiengesellschaft by 1.9% in the 2nd quarter. Evergreen Capital Management LLC now owns 15,436 shares of the bank’s stock valued at $452,000 after acquiring an additional 282 shares in the last quarter. Cresset Asset Management LLC grew its holdings in Deutsche Bank Aktiengesellschaft by 2.4% in the third quarter. Cresset Asset Management LLC now owns 11,955 shares of the bank’s stock worth $423,000 after purchasing an additional 285 shares during the period. Smartleaf Asset Management LLC increased its stake in Deutsche Bank Aktiengesellschaft by 2.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 14,636 shares of the bank’s stock valued at $568,000 after purchasing an additional 323 shares in the last quarter. Oppenheimer Asset Management Inc. increased its stake in Deutsche Bank Aktiengesellschaft by 1.1% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 48,405 shares of the bank’s stock valued at $1,866,000 after purchasing an additional 548 shares in the last quarter. Finally, Benjamin Edwards Inc. raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 4.3% during the fourth quarter. Benjamin Edwards Inc. now owns 15,307 shares of the bank’s stock valued at $590,000 after purchasing an additional 629 shares during the period. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Trading Up 1.3%

Shares of Deutsche Bank Aktiengesellschaft stock opened at $37.18 on Tuesday. The stock has a fifty day simple moving average of $34.47 and a 200 day simple moving average of $33.89. Deutsche Bank Aktiengesellschaft has a 12-month low of $28.12 and a 12-month high of $40.43. The company has a market capitalization of $72.13 billion, a P/E ratio of 9.91, a price-to-earnings-growth ratio of 0.51 and a beta of 0.94. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.35.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings data on Wednesday, July 29th. The bank reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.25). The company had revenue of $9.68 billion for the quarter, compared to the consensus estimate of $9.30 billion. Deutsche Bank Aktiengesellschaft had a net margin of 11.53% and a return on equity of 8.46%. On average, sell-side analysts anticipate that Deutsche Bank Aktiengesellschaft will post 3.88 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently commented on DB shares. Bank of America set a $43.00 target price on Deutsche Bank Aktiengesellschaft in a research note on Tuesday, July 7th. Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Thursday. Keefe, Bruyette & Woods raised Deutsche Bank Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research note on Thursday, July 9th. Oddo Bhf raised Deutsche Bank Aktiengesellschaft to an “outperform” rating in a research report on Friday, May 8th. Finally, Barclays cut Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a report on Monday, April 20th. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Deutsche Bank Aktiengesellschaft has a consensus rating of “Hold” and a consensus target price of $43.00.

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.