Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Acquired by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC grew its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 20.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 13,809 shares of the bank’s stock after purchasing an additional 2,316 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $187,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Deutsche Bank AG increased its stake in Deutsche Bank Aktiengesellschaft by 64.0% during the 3rd quarter. Deutsche Bank AG now owns 53,995,538 shares of the bank’s stock valued at $593,411,000 after purchasing an additional 21,080,301 shares in the last quarter. American Century Companies Inc. increased its position in shares of Deutsche Bank Aktiengesellschaft by 5.6% in the 3rd quarter. American Century Companies Inc. now owns 676,884 shares of the bank’s stock valued at $7,439,000 after acquiring an additional 36,012 shares during the period. Canada Pension Plan Investment Board raised its stake in Deutsche Bank Aktiengesellschaft by 23.0% in the 3rd quarter. Canada Pension Plan Investment Board now owns 3,530,094 shares of the bank’s stock worth $39,057,000 after acquiring an additional 661,034 shares during the last quarter. Toronto Dominion Bank acquired a new stake in Deutsche Bank Aktiengesellschaft during the 3rd quarter worth about $10,511,000. Finally, Wellington Management Group LLP grew its stake in Deutsche Bank Aktiengesellschaft by 55.3% during the 3rd quarter. Wellington Management Group LLP now owns 428,016 shares of the bank’s stock valued at $4,736,000 after purchasing an additional 152,446 shares during the last quarter. 27.90% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on DB shares. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Monday, March 18th. Citigroup lowered shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 31st. Morgan Stanley raised shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a report on Wednesday, March 27th. Finally, Erste Group Bank raised shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a report on Wednesday, March 13th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Up 0.7 %

Shares of DB opened at $15.91 on Friday. The company has a market capitalization of $32.88 billion, a price-to-earnings ratio of 7.26, a PEG ratio of 0.89 and a beta of 1.32. Deutsche Bank Aktiengesellschaft has a 52 week low of $9.82 and a 52 week high of $16.33. The stock’s 50-day moving average price is $14.59 and its 200-day moving average price is $13.10. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.56.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings results on Friday, February 2nd. The bank reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.35. The company had revenue of $5.81 billion during the quarter, compared to the consensus estimate of $7.46 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 5.37% and a net margin of 6.86%. On average, sell-side analysts predict that Deutsche Bank Aktiengesellschaft will post 2.22 EPS for the current 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.