111 Capital Makes New $4.05 Million Investment in Deutsche Bank Aktiengesellschaft $DB

111 Capital acquired a new position in Deutsche Bank Aktiengesellschaft (NYSE:DB) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 104,030 shares of the bank’s stock, valued at approximately $4,046,000. Deutsche Bank Aktiengesellschaft comprises approximately 0.9% of 111 Capital’s portfolio, making the stock its 19th biggest holding.

A number of other large investors have also added to or reduced their stakes in the company. WINTON GROUP Ltd bought a new stake in Deutsche Bank Aktiengesellschaft in the 4th quarter worth approximately $690,000. Prudential PLC raised its position in Deutsche Bank Aktiengesellschaft by 1.7% during the fourth quarter. Prudential PLC now owns 326,336 shares of the bank’s stock valued at $12,677,000 after purchasing an additional 5,368 shares during the period. Verus Capital Partners LLC purchased a new stake in Deutsche Bank Aktiengesellschaft during the fourth quarter valued at approximately $214,000. Cibc World Market Inc. raised its position in Deutsche Bank Aktiengesellschaft by 4.1% during the fourth quarter. Cibc World Market Inc. now owns 188,954 shares of the bank’s stock valued at $7,348,000 after purchasing an additional 7,363 shares during the period. Finally, Sivia Capital Partners LLC raised its position in Deutsche Bank Aktiengesellschaft by 29.8% during the fourth quarter. Sivia Capital Partners LLC now owns 18,313 shares of the bank’s stock valued at $706,000 after purchasing an additional 4,202 shares during the period. Institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Trading Down 2.0%

Shares of NYSE DB opened at $31.54 on Friday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.74 and a current ratio of 0.74. The business’s 50 day moving average price is $31.71 and its 200-day moving average price is $34.60. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $27.13 and a fifty-two week high of $40.43. The company has a market cap of $61.19 billion, a price-to-earnings ratio of 8.69, a PEG ratio of 0.43 and a beta of 0.93.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings results on Wednesday, April 29th. The bank reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.09. Deutsche Bank Aktiengesellschaft had a return on equity of 7.69% and a net margin of 10.43%.The firm had revenue of $10.04 billion for the quarter, compared to the consensus estimate of $9.85 billion. On average, sell-side analysts expect that Deutsche Bank Aktiengesellschaft will post 4.02 earnings per share for the current year.

Analyst Upgrades and Downgrades

DB has been the topic of a number of recent research reports. Weiss Ratings downgraded Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, May 6th. Barclays downgraded Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a research report on Monday, April 20th. Oddo Bhf upgraded Deutsche Bank Aktiengesellschaft to an “outperform” rating in a research report on Friday, May 8th. Wall Street Zen downgraded Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Citigroup upgraded Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research report on Thursday, April 9th. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Deutsche Bank Aktiengesellschaft 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.