Deutsche Bank Aktiengesellschaft $DB Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp trimmed its stake in Deutsche Bank Aktiengesellschaft (NYSE:DBFree Report) by 46.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 160,940 shares of the bank’s stock after selling 142,174 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Deutsche Bank Aktiengesellschaft were worth $5,683,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Norges Bank purchased a new position in Deutsche Bank Aktiengesellschaft in the 2nd quarter worth about $719,395,000. Fisher Asset Management LLC increased its position in shares of Deutsche Bank Aktiengesellschaft by 35.0% in the second quarter. Fisher Asset Management LLC now owns 25,471,401 shares of the bank’s stock worth $745,803,000 after acquiring an additional 6,605,750 shares in the last quarter. Amundi raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 15.3% during the second quarter. Amundi now owns 40,664,519 shares of the bank’s stock valued at $1,182,931,000 after acquiring an additional 5,403,011 shares during the period. Liontrust Investment Partners LLP purchased a new stake in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at approximately $147,318,000. Finally, Acadian Asset Management LLC boosted its stake in Deutsche Bank Aktiengesellschaft by 90.6% in the 2nd quarter. Acadian Asset Management LLC now owns 9,837,047 shares of the bank’s stock worth $290,601,000 after purchasing an additional 4,674,860 shares during the period. 27.90% of the stock is owned by hedge funds and other institutional investors.

Deutsche Bank Aktiengesellschaft News Summary

Here are the key news stories impacting Deutsche Bank Aktiengesellschaft this week:

Deutsche Bank Aktiengesellschaft Trading Down 1.1%

Shares of NYSE DB opened at $39.10 on Friday. The business has a 50 day simple moving average of $37.95 and a 200 day simple moving average of $36.01. Deutsche Bank Aktiengesellschaft has a 52 week low of $18.56 and a 52 week high of $40.43. The stock has a market cap of $78.77 billion, a price-to-earnings ratio of 14.43, 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 (NYSE:DBGet Free Report) last posted its earnings results on Thursday, January 29th. The bank reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.16. Deutsche Bank Aktiengesellschaft had a net margin of 7.99% and a return on equity of 5.97%. On average, research analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Weiss Ratings restated a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Wednesday, January 21st. Jefferies Financial Group initiated coverage on Deutsche Bank Aktiengesellschaft in a research note on Monday, October 20th. They issued a “hold” rating for the company. Barclays raised Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research note on Friday, October 10th. Citigroup reissued a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, January 22nd. 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 given a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

View Our Latest Analysis on DB

Deutsche Bank Aktiengesellschaft Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Deutsche Bank Aktiengesellschaft (NYSE:DB)

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