M&T Bank Corp Increases Stock Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

M&T Bank Corp grew its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DBFree Report) by 15.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 16,438 shares of the bank’s stock after purchasing an additional 2,178 shares during the quarter. M&T Bank Corp’s holdings in Deutsche Bank Aktiengesellschaft were worth $392,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Farther Finance Advisors LLC grew its stake in Deutsche Bank Aktiengesellschaft by 96.5% during the 1st quarter. Farther Finance Advisors LLC now owns 1,629 shares of the bank’s stock worth $39,000 after buying an additional 800 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its position in shares of Deutsche Bank Aktiengesellschaft by 21.3% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 2,412 shares of the bank’s stock worth $57,000 after acquiring an additional 424 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 2,319.7% in the 1st quarter. GAMMA Investing LLC now owns 6,267 shares of the bank’s stock valued at $149,000 after acquiring an additional 6,008 shares during the period. Sava Infond d.o.o. purchased a new stake in Deutsche Bank Aktiengesellschaft in the 1st quarter valued at $151,000. Finally, Headlands Technologies LLC raised its position in Deutsche Bank Aktiengesellschaft by 3,320.8% in the 4th quarter. Headlands Technologies LLC now owns 8,894 shares of the bank’s stock valued at $152,000 after purchasing an additional 8,634 shares during the last quarter. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of DB opened at $30.15 on Thursday. The stock’s 50 day moving average is $28.40 and its two-hundred day moving average is $23.99. The firm has a market capitalization of $60.06 billion, a PE ratio of 17.95, a P/E/G ratio of 0.38 and a beta of 0.97. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.39. Deutsche Bank Aktiengesellschaft has a twelve month low of $13.70 and a twelve month high of $30.50.

Deutsche Bank Aktiengesellschaft (NYSE:DBGet Free Report) last issued its earnings results on Tuesday, April 29th. The bank reported $1.04 EPS for the quarter, topping the consensus estimate of $0.85 by $0.19. The company had revenue of $8.97 billion for the quarter, compared to analyst estimates of $7.95 billion. Deutsche Bank Aktiengesellschaft had a net margin of 5.76% and a return on equity of 4.61%. Research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Wall Street Analyst Weigh In

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

View Our Latest Stock Report on Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft Company Profile

(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.

See Also

Want to see what other hedge funds are holding DB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Deutsche Bank Aktiengesellschaft (NYSE:DBFree Report).

Institutional Ownership by Quarter for Deutsche Bank Aktiengesellschaft (NYSE:DB)

Receive News & Ratings for Deutsche Bank Aktiengesellschaft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Bank Aktiengesellschaft and related companies with MarketBeat.com's FREE daily email newsletter.