Aviva PLC Trims Stock Position in Deutsche Bank Aktiengesellschaft $DB

Aviva PLC trimmed its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 18.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,163,259 shares of the bank’s stock after selling 496,360 shares during the quarter. Aviva PLC owned about 0.11% of Deutsche Bank Aktiengesellschaft worth $64,090,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of DB. GQG Partners LLC acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the first quarter worth $470,716,000. Entrust Global Partners L L C acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the 1st quarter worth $365,750,000. Deutsche Bank AG boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 10.0% in the first quarter. Deutsche Bank AG now owns 47,662,928 shares of the bank’s stock valued at $1,135,808,000 after acquiring an additional 4,322,086 shares in the last quarter. Appaloosa LP purchased a new stake in shares of Deutsche Bank Aktiengesellschaft in the first quarter valued at about $89,362,000. Finally, DekaBank Deutsche Girozentrale increased its stake in shares of 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 acquiring an additional 2,219,444 shares during the period. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Up 0.8%

DB opened at $36.48 on Friday. Deutsche Bank Aktiengesellschaft has a one year low of $16.02 and a one year high of $37.86. The company has a market cap of $72.66 billion, a price-to-earnings ratio of 13.46, a PEG ratio of 1.12 and a beta of 1.02. The business’s fifty day moving average is $35.39 and its two-hundred day moving average is $32.03. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.79 and a current ratio of 0.79.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings data on Wednesday, October 29th. The bank reported $0.97 EPS for the quarter, topping the consensus estimate of $0.81 by $0.16. Deutsche Bank Aktiengesellschaft had a net margin of 7.99% and a return on equity of 6.13%. The business had revenue of $9.44 billion for the quarter, compared to analyst estimates of $7.75 billion. Analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Zacks Research lowered Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a report on Friday, August 22nd. The Goldman Sachs Group cut Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a report on Tuesday, August 26th. Morgan Stanley reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Tuesday, September 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Wednesday, October 8th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, July 28th. One 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 given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, and asset management products and services to private individuals, corporate entities, and institutional clients in Germany, the United Kingdom, rest of Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.