American Century Companies Inc. Has $29.68 Million Position in Deutsche Bank Aktiengesellschaft $DB

American Century Companies Inc. boosted its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 9.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 1,013,493 shares of the bank’s stock after acquiring an additional 83,358 shares during the period. American Century Companies Inc. owned 0.05% of Deutsche Bank Aktiengesellschaft worth $29,675,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in the stock. Jefferies Financial Group Inc. acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the first quarter worth about $2,308,000. Northern Trust Corp increased its stake in Deutsche Bank Aktiengesellschaft by 4.7% during the 1st quarter. Northern Trust Corp now owns 1,504,175 shares of the bank’s stock worth $35,844,000 after purchasing an additional 66,892 shares in the last quarter. LPL Financial LLC raised its holdings in Deutsche Bank Aktiengesellschaft by 139.4% during the 1st quarter. LPL Financial LLC now owns 70,463 shares of the bank’s stock worth $1,679,000 after buying an additional 41,028 shares during the period. QRG Capital Management Inc. lifted its stake in Deutsche Bank Aktiengesellschaft by 8.4% in the second quarter. QRG Capital Management Inc. now owns 277,714 shares of the bank’s stock valued at $8,131,000 after buying an additional 21,465 shares in the last quarter. Finally, Korea Investment CORP boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 27.9% in the first quarter. Korea Investment CORP now owns 2,106,195 shares of the bank’s stock valued at $49,643,000 after buying an additional 459,049 shares during the period. Institutional investors and hedge funds own 27.90% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on DB shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Wednesday, October 8th. The Goldman Sachs Group downgraded Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research note on Tuesday, August 26th. Jefferies Financial Group started coverage on Deutsche Bank Aktiengesellschaft in a research report on Monday, October 20th. They set a “hold” rating for the company. Morgan Stanley reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, November 24th. Finally, Zacks Research cut Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 22nd. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Up 0.3%

NYSE:DB opened at $35.57 on Monday. Deutsche Bank Aktiengesellschaft has a twelve month low of $16.60 and a twelve month high of $38.78. The firm has a market capitalization of $70.86 billion, a price-to-earnings ratio of 13.13, a price-to-earnings-growth ratio of 1.12 and a beta of 1.02. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.39. The stock’s 50 day moving average price is $35.32 and its two-hundred day moving average price is $33.04.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings data on Wednesday, October 29th. The bank reported $0.97 EPS for the quarter, beating the consensus estimate of $0.81 by $0.16. The company had revenue of $9.44 billion during the quarter, compared to the consensus estimate of $7.75 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 6.13% and a net margin of 7.99%. Equities research analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

About Deutsche Bank Aktiengesellschaft

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.