Northern Trust Corp increased its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 51.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,437,283 shares of the bank's stock after purchasing an additional 486,300 shares during the quarter. Northern Trust Corp owned approximately 0.07% of Deutsche Bank Aktiengesellschaft worth $24,506,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in DB. Callan Family Office LLC bought a new stake in Deutsche Bank Aktiengesellschaft during the fourth quarter worth $1,320,000. Plato Investment Management Ltd raised its position in Deutsche Bank Aktiengesellschaft by 53.7% during the fourth quarter. Plato Investment Management Ltd now owns 383,517 shares of the bank's stock worth $6,632,000 after acquiring an additional 133,960 shares in the last quarter. Bank of New York Mellon Corp raised its position in Deutsche Bank Aktiengesellschaft by 2.9% during the fourth quarter. Bank of New York Mellon Corp now owns 3,132,515 shares of the bank's stock worth $53,409,000 after acquiring an additional 88,606 shares in the last quarter. Ritholtz Wealth Management raised its position in Deutsche Bank Aktiengesellschaft by 10.9% during the fourth quarter. Ritholtz Wealth Management now owns 162,545 shares of the bank's stock worth $2,771,000 after acquiring an additional 15,917 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Deutsche Bank Aktiengesellschaft during the fourth quarter worth $6,464,000. Institutional investors and hedge funds own 27.90% of the company's stock.
Deutsche Bank Aktiengesellschaft Stock Performance
NYSE:DB traded down $0.38 during mid-day trading on Friday, reaching $27.86. 2,368,563 shares of the company's stock were exchanged, compared to its average volume of 2,335,895. Deutsche Bank Aktiengesellschaft has a one year low of $13.70 and a one year high of $28.34. The firm has a market capitalization of $55.49 billion, a PE ratio of 20.04 and a beta of 1.00. The business's fifty day simple moving average is $24.48 and its two-hundred day simple moving average is $20.65. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.78 and a current ratio of 0.74.
Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released its earnings results on Tuesday, April 29th. The bank reported $1.04 EPS for the quarter, beating the consensus estimate of $0.85 by $0.19. Deutsche Bank Aktiengesellschaft had a net margin of 4.66% and a return on equity of 3.90%. The firm had revenue of $8.97 billion for the quarter, compared to analyst estimates of $7.95 billion. Analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on DB. Cfra Research raised shares of Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, April 30th. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research report on Wednesday, February 5th. The Goldman Sachs Group raised shares of Deutsche Bank Aktiengesellschaft to a "strong-buy" rating in a research report on Thursday, January 30th. Morgan Stanley reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, March 7th. Finally, Royal Bank of Canada reissued an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, March 24th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy".
Check Out Our Latest Stock Analysis on Deutsche Bank Aktiengesellschaft
Deutsche Bank Aktiengesellschaft Company Profile
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Free Report)
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.
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