Deutsche Bank Aktiengesellschaft (NYSE:DB) Holdings Lifted by Ballentine Partners LLC

Ballentine Partners LLC lifted its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 4.1% in the first quarter, HoldingsChannel reports. The fund owned 17,356 shares of the bank’s stock after purchasing an additional 680 shares during the quarter. Ballentine Partners LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $414,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Norges Bank acquired a new stake in Deutsche Bank Aktiengesellschaft during the fourth quarter valued at approximately $773,016,000. Franklin Resources Inc. lifted its stake in Deutsche Bank Aktiengesellschaft by 199.8% during the fourth quarter. Franklin Resources Inc. now owns 12,931,689 shares of the bank’s stock valued at $222,715,000 after purchasing an additional 8,617,662 shares during the last quarter. Capital International Investors lifted its stake in Deutsche Bank Aktiengesellschaft by 9.4% during the fourth quarter. Capital International Investors now owns 87,660,818 shares of the bank’s stock valued at $1,510,097,000 after purchasing an additional 7,558,488 shares during the last quarter. Marshall Wace LLP lifted its stake in Deutsche Bank Aktiengesellschaft by 18.7% during the fourth quarter. Marshall Wace LLP now owns 15,034,039 shares of the bank’s stock valued at $258,903,000 after purchasing an additional 2,369,480 shares during the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC lifted its stake in Deutsche Bank Aktiengesellschaft by 72.3% during the fourth quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 5,400,467 shares of the bank’s stock valued at $93,054,000 after buying an additional 2,266,996 shares in the last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, March 24th. Cfra Research raised shares of Deutsche Bank Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research note on Wednesday, April 30th. Finally, Bank of America started coverage on Deutsche Bank Aktiengesellschaft in a research note on Tuesday, June 10th. They issued a “buy” rating on the stock. Two analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of NYSE DB opened at $29.42 on Wednesday. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.79 and a quick ratio of 0.79. The company has a market capitalization of $58.61 billion, a P/E ratio of 17.51, a price-to-earnings-growth ratio of 0.38 and a beta of 0.97. The business’s 50-day moving average price is $28.33 and its two-hundred day moving average price is $23.94. Deutsche Bank Aktiengesellschaft has a one year low of $13.70 and a one year high of $30.50.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings data on Tuesday, April 29th. The bank reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.19. Deutsche Bank Aktiengesellschaft had a return on equity of 4.61% and a net margin of 5.76%. The business 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.

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.