Deutsche Bank Aktiengesellschaft $DB Shares Bought by ASR Vermogensbeheer N.V.

ASR Vermogensbeheer N.V. increased its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 1.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 342,122 shares of the bank’s stock after acquiring an additional 3,524 shares during the period. ASR Vermogensbeheer N.V.’s holdings in Deutsche Bank Aktiengesellschaft were worth $10,108,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DB. Contravisory Investment Management Inc. boosted its stake in Deutsche Bank Aktiengesellschaft by 2.9% during the 2nd quarter. Contravisory Investment Management Inc. now owns 12,223 shares of the bank’s stock valued at $358,000 after purchasing an additional 346 shares in the last quarter. Dorsey & Whitney Trust CO LLC boosted its stake in Deutsche Bank Aktiengesellschaft by 2.2% during the first quarter. Dorsey & Whitney Trust CO LLC now owns 21,914 shares of the bank’s stock valued at $522,000 after buying an additional 477 shares in the last quarter. Ballentine Partners LLC boosted its stake in Deutsche Bank Aktiengesellschaft by 4.1% during the first quarter. Ballentine Partners LLC now owns 17,356 shares of the bank’s stock valued at $414,000 after buying an additional 680 shares in the last quarter. Parallel Advisors LLC grew its holdings in Deutsche Bank Aktiengesellschaft by 6.5% during the second quarter. Parallel Advisors LLC now owns 11,286 shares of the bank’s stock worth $330,000 after acquiring an additional 692 shares during the period. Finally, MassMutual Private Wealth & Trust FSB raised its position in Deutsche Bank Aktiengesellschaft by 30.9% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 3,158 shares of the bank’s stock worth $92,000 after acquiring an additional 746 shares in the last quarter. Institutional investors own 27.90% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on DB. The Goldman Sachs Group cut shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research note on Tuesday, August 26th. Zacks Research cut shares of Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a report on Friday, August 22nd. Morgan Stanley reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Tuesday, September 2nd. Citigroup reissued a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Friday, July 25th. Finally, Wall Street Zen cut Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report on Saturday, July 26th. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of Deutsche Bank Aktiengesellschaft stock opened at $35.27 on Friday. Deutsche Bank Aktiengesellschaft has a 12 month low of $16.02 and a 12 month high of $37.86. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 1.39. The stock has a market cap of $70.25 billion, a PE ratio of 13.41, a price-to-earnings-growth ratio of 0.43 and a beta of 0.98. The business has a fifty day simple moving average of $35.54 and a 200-day simple moving average of $29.79.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its quarterly earnings results on Thursday, July 24th. The bank reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.24). Deutsche Bank Aktiengesellschaft had a net margin of 7.67% and a return on equity of 6.01%. The business had revenue of $9.21 billion for the quarter, compared to analyst estimates of $7.80 billion. On average, sell-side analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

About Deutsche Bank Aktiengesellschaft

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.