FCG Investment Co Boosts Stock Position in Deutsche Bank Aktiengesellschaft $DB

FCG Investment Co grew its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 75.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 51,626 shares of the bank’s stock after buying an additional 22,246 shares during the quarter. FCG Investment Co’s holdings in Deutsche Bank Aktiengesellschaft were worth $1,828,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Assenagon Asset Management S.A. raised its holdings in Deutsche Bank Aktiengesellschaft by 5.6% in the third quarter. Assenagon Asset Management S.A. now owns 216,094 shares of the bank’s stock valued at $7,605,000 after acquiring an additional 11,544 shares in the last quarter. Valeo Financial Advisors LLC acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at about $278,000. Osaic Holdings Inc. lifted its position in shares of Deutsche Bank Aktiengesellschaft by 20.6% during the second quarter. Osaic Holdings Inc. now owns 53,062 shares of the bank’s stock worth $1,503,000 after purchasing an additional 9,076 shares during the last quarter. Orion Porfolio Solutions LLC grew its stake in Deutsche Bank Aktiengesellschaft by 67.4% in the second quarter. Orion Porfolio Solutions LLC now owns 21,753 shares of the bank’s stock worth $637,000 after purchasing an additional 8,760 shares in the last quarter. Finally, Squarepoint Ops LLC increased its holdings in Deutsche Bank Aktiengesellschaft by 176.4% in the second quarter. Squarepoint Ops LLC now owns 62,747 shares of the bank’s stock valued at $1,837,000 after buying an additional 40,045 shares during the last quarter. Institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Performance

DB stock opened at $38.21 on Friday. Deutsche Bank Aktiengesellschaft has a 1 year low of $16.60 and a 1 year high of $38.78. The stock has a market capitalization of $76.11 billion, a price-to-earnings ratio of 14.10, a PEG ratio of 0.39 and a beta of 0.95. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.78 and a current ratio of 0.78. The stock’s fifty day moving average is $35.73 and its two-hundred day moving average is $33.84.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings data on Wednesday, October 29th. The bank reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.16. The business had revenue of $9.44 billion for the quarter, compared to analysts’ expectations of $7.75 billion. Deutsche Bank Aktiengesellschaft had a net margin of 7.99% and a return on equity of 5.97%. On average, research analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have commented on DB. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Wednesday, October 8th. Jefferies Financial Group initiated coverage on Deutsche Bank Aktiengesellschaft in a research report on Monday, October 20th. They set a “hold” rating on the stock. Wall Street Zen downgraded shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report on Saturday, November 22nd. Barclays upgraded shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Friday, October 10th. Finally, Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, November 24th. 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 given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold”.

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.