Callan Family Office LLC Has $3.53 Million Holdings in Deutsche Bank Aktiengesellschaft $DB

Callan Family Office LLC lessened its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 12.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 99,549 shares of the bank’s stock after selling 14,003 shares during the quarter. Callan Family Office LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $3,525,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DB. Root Financial Partners LLC purchased a new stake in shares of Deutsche Bank Aktiengesellschaft in the third quarter valued at $27,000. Salomon & Ludwin LLC lifted its stake in Deutsche Bank Aktiengesellschaft by 2,807.4% in the 3rd quarter. Salomon & Ludwin LLC now owns 785 shares of the bank’s stock worth $28,000 after acquiring an additional 758 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in Deutsche Bank Aktiengesellschaft by 178.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the bank’s stock worth $40,000 after acquiring an additional 881 shares during the period. MAI Capital Management boosted its position in Deutsche Bank Aktiengesellschaft by 385.1% during the 2nd quarter. MAI Capital Management now owns 1,824 shares of the bank’s stock worth $53,000 after acquiring an additional 1,448 shares during the period. Finally, Allworth Financial LP grew its stake in Deutsche Bank Aktiengesellschaft by 54.0% during the 2nd quarter. Allworth Financial LP now owns 2,143 shares of the bank’s stock valued at $63,000 after acquiring an additional 751 shares in the last quarter. 27.90% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DB has been the subject of a number of research analyst reports. Jefferies Financial Group began coverage on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, October 20th. They issued a “hold” rating for the company. Barclays raised shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Friday, October 10th. Zacks Research downgraded shares of Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Citigroup reissued a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, January 22nd. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of NYSE:DB opened at $39.84 on Wednesday. The company has a current ratio of 0.76, a quick ratio of 0.78 and a debt-to-equity ratio of 1.43. Deutsche Bank Aktiengesellschaft has a 1 year low of $18.73 and a 1 year high of $40.43. The firm has a fifty day moving average price of $38.27 and a 200 day moving average price of $36.30.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings results on Thursday, January 29th. The bank reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.16. The company had revenue of $8.99 billion during the quarter, compared to analysts’ expectations of $7.71 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 7.49% and a net margin of 10.02%. On average, equities 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 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.