Generali Asset Management SPA SGR Increases Stock Holdings in Deutsche Bank Aktiengesellschaft $DB

Generali Asset Management SPA SGR raised its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 51.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 408,691 shares of the bank’s stock after buying an additional 139,630 shares during the quarter. Generali Asset Management SPA SGR’s holdings in Deutsche Bank Aktiengesellschaft were worth $14,472,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of DB. Norges Bank purchased a new position in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at approximately $719,395,000. Entrust Global Partners L L C purchased a new position in shares of Deutsche Bank Aktiengesellschaft in the first quarter worth $365,750,000. Fisher Asset Management LLC lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 35.0% during the second quarter. Fisher Asset Management LLC now owns 25,471,401 shares of the bank’s stock worth $745,803,000 after buying an additional 6,605,750 shares during the period. Amundi grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 15.3% during the second quarter. Amundi now owns 40,664,519 shares of the bank’s stock valued at $1,182,931,000 after buying an additional 5,403,011 shares during the last quarter. Finally, Liontrust Investment Partners LLP acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at $147,318,000. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Performance

NYSE:DB opened at $38.57 on Friday. 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 has a market capitalization of $76.83 billion, a PE ratio of 14.23, a P/E/G ratio of 0.41 and a beta of 0.96. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $16.97 and a fifty-two week high of $39.78. The company has a fifty day moving average of $36.69 and a two-hundred day moving average of $34.61.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its earnings results on Wednesday, October 29th. The bank reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.16. Deutsche Bank Aktiengesellschaft had a net margin of 7.99% and a return on equity of 5.97%. The business had revenue of $9.44 billion for the quarter, compared to analyst estimates of $7.75 billion. As a group, research analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

DB has been the subject of a number of research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Wednesday, October 8th. Barclays raised Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a report on Friday, October 10th. Wall Street Zen upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. Zacks Research cut shares of Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, November 24th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Profile

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.