TD Waterhouse Canada Inc. Buys 39,717 Shares of Deutsche Bank Aktiengesellschaft $DB

TD Waterhouse Canada Inc. increased its stake in Deutsche Bank Aktiengesellschaft (NYSE:DBFree Report) by 43.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 131,626 shares of the bank’s stock after buying an additional 39,717 shares during the period. TD Waterhouse Canada Inc.’s holdings in Deutsche Bank Aktiengesellschaft were worth $4,673,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter worth about $719,395,000. Fisher Asset Management LLC grew its holdings 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 valued at $745,803,000 after buying an additional 6,605,750 shares during the last quarter. Amundi boosted its stake in Deutsche Bank Aktiengesellschaft by 15.3% during the 2nd quarter. Amundi now owns 40,664,519 shares of the bank’s stock valued at $1,182,931,000 after purchasing an additional 5,403,011 shares during the last quarter. Liontrust Investment Partners LLP purchased a new stake in shares of Deutsche Bank Aktiengesellschaft during the second quarter valued at $147,318,000. Finally, Acadian Asset Management LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 90.6% during the 2nd quarter. Acadian Asset Management LLC now owns 9,837,047 shares of the bank’s stock valued at $290,601,000 after acquiring an additional 4,674,860 shares during the last quarter. Institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Up 0.3%

Shares of NYSE DB opened at $39.22 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.40. Deutsche Bank Aktiengesellschaft has a 12-month low of $18.56 and a 12-month high of $40.43. The firm’s 50-day moving average price is $38.05 and its 200-day moving average price is $36.08. The stock has a market capitalization of $78.13 billion, a price-to-earnings ratio of 11.43, a P/E/G ratio of 0.36 and a beta of 0.96.

Deutsche Bank Aktiengesellschaft (NYSE:DBGet Free Report) last issued its quarterly earnings data on Thursday, January 29th. The bank reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.16. The company had revenue of $8.99 billion for the quarter, compared to analysts’ expectations of $7.71 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 7.48% and a net margin of 10.02%. On average, equities research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on DB. Citigroup restated a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Thursday, January 22nd. Jefferies Financial Group started coverage on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, October 20th. They issued a “hold” rating for the company. Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Thursday, January 8th. Zacks Research lowered shares of Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Finally, Barclays upgraded Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research report on Friday, October 10th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Read Our Latest Stock Analysis on DB

Deutsche Bank Aktiengesellschaft News Roundup

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About Deutsche Bank Aktiengesellschaft

(Free Report)

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.

Further Reading

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

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