Compound Planning Inc. Has $1.04 Million Stake in Deutsche Bank Aktiengesellschaft $DB

Compound Planning Inc. cut its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 32.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,015 shares of the bank’s stock after selling 16,959 shares during the quarter. Compound Planning Inc.’s holdings in Deutsche Bank Aktiengesellschaft were worth $1,043,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Norges Bank bought a new stake in shares of Deutsche Bank Aktiengesellschaft in the fourth quarter worth about $532,397,000. Amundi lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 22.0% during the 3rd quarter. Amundi now owns 49,597,003 shares of the bank’s stock valued at $1,732,919,000 after purchasing an additional 8,932,484 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Deutsche Bank Aktiengesellschaft by 2,731.8% in the 4th quarter. AQR Capital Management LLC now owns 7,969,257 shares of the bank’s stock valued at $309,477,000 after purchasing an additional 7,687,841 shares during the period. Credit Agricole S A acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at approximately $237,336,000. Finally, Viking Global Investors LP bought a new stake in Deutsche Bank Aktiengesellschaft during the 3rd quarter worth approximately $214,593,000. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on DB. Oddo Bhf upgraded shares of Deutsche Bank Aktiengesellschaft to an “outperform” rating in a report on Friday, May 8th. Keefe, Bruyette & Woods raised shares of Deutsche Bank Aktiengesellschaft from a “moderate sell” rating to a “hold” rating in a research note on Thursday, July 9th. Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Thursday, July 2nd. Barclays lowered Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a report on Monday, April 20th. Finally, Weiss Ratings cut Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, May 6th. Four investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $43.00.

Deutsche Bank Aktiengesellschaft Stock Down 0.0%

Shares of DB stock opened at $34.66 on Monday. Deutsche Bank Aktiengesellschaft has a 52-week low of $28.12 and a 52-week high of $40.43. The stock has a market cap of $67.23 billion, a price-to-earnings ratio of 9.55, a PEG ratio of 0.47 and a beta of 0.94. The firm’s 50-day moving average is $33.98 and its 200-day moving average is $34.00. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.74 and a current ratio of 0.74.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings results on Wednesday, April 29th. The bank reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.09. The business had revenue of $10.04 billion during the quarter, compared to the consensus estimate of $9.85 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 7.69% and a net margin of 10.43%. Sell-side analysts predict that Deutsche Bank Aktiengesellschaft will post 3.91 EPS for the current 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.