Deutsche Bank Aktiengesellschaft $DB Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. trimmed its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 10.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,933,075 shares of the bank’s stock after selling 1,016,684 shares during the period. Franklin Resources Inc.’s holdings in Deutsche Bank Aktiengesellschaft were worth $343,702,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. AQR Capital Management LLC grew its position in shares of Deutsche Bank Aktiengesellschaft by 15.9% during the 1st quarter. AQR Capital Management LLC now owns 126,101 shares of the bank’s stock valued at $3,005,000 after buying an additional 17,262 shares during the last quarter. Focus Partners Wealth bought a new position in Deutsche Bank Aktiengesellschaft in the first quarter worth about $795,000. Sivia Capital Partners LLC acquired a new position in Deutsche Bank Aktiengesellschaft in the second quarter valued at approximately $413,000. Rhumbline Advisers grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 4.5% during the second quarter. Rhumbline Advisers now owns 27,750 shares of the bank’s stock valued at $813,000 after purchasing an additional 1,187 shares during the last quarter. Finally, First Trust Advisors LP raised its position in shares of Deutsche Bank Aktiengesellschaft by 24.1% during the 2nd quarter. First Trust Advisors LP now owns 528,327 shares of the bank’s stock worth $15,620,000 after purchasing an additional 102,754 shares during the period. 27.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Deutsche Bank Aktiengesellschaft Price Performance

Shares of NYSE DB opened at $31.38 on Tuesday. The stock has a market cap of $60.87 billion, a P/E ratio of 8.64, a P/E/G ratio of 0.42 and a beta of 0.93. The firm’s 50-day simple moving average is $31.75 and its 200 day simple moving average is $34.57. 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 quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.40.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its earnings results on Wednesday, April 29th. The bank reported $1.24 EPS for the quarter, beating the consensus estimate of $1.15 by $0.09. Deutsche Bank Aktiengesellschaft had a net margin of 10.43% and a return on equity of 7.69%. The firm had revenue of $10.04 billion for the quarter, compared to analysts’ expectations of $9.85 billion. Equities analysts expect that Deutsche Bank Aktiengesellschaft will post 4.02 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.