Stifel Financial Corp Increases Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Stifel Financial Corp increased its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 16.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 65,935 shares of the bank’s stock after buying an additional 9,514 shares during the quarter. Stifel Financial Corp’s holdings in Deutsche Bank Aktiengesellschaft were worth $1,124,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of DB. Wilmington Savings Fund Society FSB bought a new position in Deutsche Bank Aktiengesellschaft in the third quarter worth about $43,000. Jones Financial Companies Lllp lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 1,270.5% in the 4th quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank’s stock valued at $69,000 after purchasing an additional 3,748 shares during the period. Activest Wealth Management bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter valued at approximately $86,000. Smartleaf Asset Management LLC grew its stake in Deutsche Bank Aktiengesellschaft by 218.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 7,278 shares of the bank’s stock worth $125,000 after purchasing an additional 4,992 shares during the period. Finally, Headlands Technologies LLC lifted its position in Deutsche Bank Aktiengesellschaft by 3,320.8% during the fourth quarter. Headlands Technologies LLC now owns 8,894 shares of the bank’s stock valued at $152,000 after buying an additional 8,634 shares during the period. 27.90% of the stock is owned by institutional investors.

Deutsche Bank Aktiengesellschaft Stock Up 0.1 %

Deutsche Bank Aktiengesellschaft stock opened at $26.69 on Friday. The firm has a market cap of $53.16 billion, a price-to-earnings ratio of 19.20 and a beta of 1.00. The company has a current ratio of 0.74, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. Deutsche Bank Aktiengesellschaft has a 12 month low of $13.70 and a 12 month high of $27.25. The stock has a fifty day simple moving average of $23.94 and a two-hundred day simple moving average of $20.16.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its earnings results on Tuesday, April 29th. The bank reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.19. The business had revenue of $8.97 billion during the quarter, compared to analyst estimates of $7.95 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. Equities analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on DB shares. Citigroup reissued a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Wednesday, February 5th. Royal Bank of Canada reaffirmed an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, March 24th. The Goldman Sachs Group raised Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a report on Thursday, January 30th. Finally, Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Friday, March 7th. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Deutsche Bank Aktiengesellschaft presently has a consensus rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft Company Profile

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.