Mackenzie Financial Corp Purchases 62,427 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Mackenzie Financial Corp raised its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 19.4% during the 4th quarter, HoldingsChannel reports. The fund owned 384,707 shares of the bank’s stock after buying an additional 62,427 shares during the quarter. Mackenzie Financial Corp’s holdings in Deutsche Bank Aktiengesellschaft were worth $5,250,000 as of its most recent SEC filing.

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

Deutsche Bank Aktiengesellschaft Stock Up 0.7 %

DB stock opened at $15.91 on Friday. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.14 and a quick ratio of 1.14. The stock 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. The business’s fifty day moving average price is $14.59 and its two-hundred day moving average price is $13.10. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $9.82 and a fifty-two week high of $16.33.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its quarterly earnings data on Friday, February 2nd. The bank reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.35. The firm had revenue of $5.81 billion for the quarter, compared to analysts’ expectations of $7.46 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 5.37% and a net margin of 6.86%. On average, equities analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.22 earnings per share for the current year.

Analysts Set New Price Targets

DB has been the topic of a number of recent analyst reports. Morgan Stanley raised Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a report on Wednesday, March 27th. StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Monday, March 18th. Erste Group Bank raised Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a report on Wednesday, March 13th. Finally, Citigroup lowered Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a report on Wednesday, January 31st. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Deutsche Bank Aktiengesellschaft has an average rating of “Hold”.

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.