Commerzbank Aktiengesellschaft FI Raises Position in Deutsche Bank Aktiengesellschaft $DB

Commerzbank Aktiengesellschaft FI raised its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 574.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,125,577 shares of the bank’s stock after purchasing an additional 2,661,833 shares during the quarter. Deutsche Bank Aktiengesellschaft accounts for about 2.3% of Commerzbank Aktiengesellschaft FI’s holdings, making the stock its 13th biggest position. Commerzbank Aktiengesellschaft FI owned approximately 0.16% of Deutsche Bank Aktiengesellschaft worth $110,677,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Amundi grew its holdings in Deutsche Bank Aktiengesellschaft by 15.3% during the second quarter. Amundi now owns 40,664,519 shares of the bank’s stock worth $1,182,931,000 after acquiring an additional 5,403,011 shares during the period. Fisher Asset Management LLC increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 35.0% in the 2nd quarter. Fisher Asset Management LLC now owns 25,471,401 shares of the bank’s stock valued at $745,803,000 after purchasing an additional 6,605,750 shares in the last quarter. Norges Bank acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the second quarter valued at about $719,395,000. DekaBank Deutsche Girozentrale boosted its holdings in Deutsche Bank Aktiengesellschaft by 14.0% during the second quarter. DekaBank Deutsche Girozentrale now owns 18,047,605 shares of the bank’s stock worth $530,500,000 after buying an additional 2,219,444 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its position in Deutsche Bank Aktiengesellschaft by 6.4% during the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 13,209,491 shares of the bank’s stock worth $390,188,000 after buying an additional 794,674 shares during the period. 27.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Wall Street Zen raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Saturday, December 20th. Zacks Research downgraded Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Jefferies Financial Group assumed coverage on Deutsche Bank Aktiengesellschaft in a research report on Monday, October 20th. They issued a “hold” rating for the company. Citigroup reiterated a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday. Finally, Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Thursday, January 8th. One equities 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 assigned a Sell rating to the stock. According to MarketBeat.com, Deutsche Bank Aktiengesellschaft currently has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Trading Down 0.2%

NYSE DB opened at $39.07 on Friday. The firm has a market capitalization of $77.82 billion, a price-to-earnings ratio of 14.42, a PEG ratio of 0.36 and a beta of 0.96. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.78 and a current ratio of 0.78. Deutsche Bank Aktiengesellschaft has a one year low of $18.56 and a one year high of $39.82. The company’s 50 day moving average price is $37.53 and its 200 day moving average price is $35.79.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings results 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. Deutsche Bank Aktiengesellschaft had a net margin of 7.99% and a return on equity of 5.97%. The firm had revenue of $9.44 billion during the quarter, compared to analysts’ expectations of $7.75 billion. On average, sell-side analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current year.

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.