Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Sold by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC lessened its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 70.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,015 shares of the bank’s stock after selling 7,052 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Deutsche Bank Aktiengesellschaft were worth $41,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. raised its stake in shares of Deutsche Bank Aktiengesellschaft by 1.4% in the 3rd quarter. Vanguard Group Inc. now owns 77,480,209 shares of the bank’s stock valued at $851,507,000 after purchasing an additional 1,073,195 shares in the last quarter. Deutsche Bank AG grew its position in shares of Deutsche Bank Aktiengesellschaft by 64.0% during the 3rd quarter. Deutsche Bank AG now owns 53,995,538 shares of the bank’s stock valued at $593,411,000 after buying an additional 21,080,301 shares during the last quarter. Norges Bank bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the 4th quarter valued at about $326,093,000. Capital International Investors bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the 4th quarter valued at about $252,028,000. Finally, Franklin Resources Inc. grew its position in shares of Deutsche Bank Aktiengesellschaft by 12.1% during the 4th quarter. Franklin Resources Inc. now owns 5,999,429 shares of the bank’s stock valued at $81,910,000 after buying an additional 648,738 shares during the last quarter. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Performance

NYSE DB traded up $0.02 on Thursday, hitting $16.19. The stock had a trading volume of 1,714,837 shares, compared to its average volume of 3,432,934. Deutsche Bank Aktiengesellschaft has a one year low of $9.82 and a one year high of $17.95. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.40. The stock has a market cap of $33.46 billion, a price-to-earnings ratio of 7.07, a P/E/G ratio of 0.91 and a beta of 1.30. The company’s 50-day moving average is $15.20 and its two-hundred day moving average is $13.44.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its earnings results on Friday, February 2nd. The bank reported $0.72 EPS for the quarter, topping the consensus estimate of $0.37 by $0.35. Deutsche Bank Aktiengesellschaft had a net margin of 6.68% and a return on equity of 5.47%. The firm had revenue of $5.81 billion during the quarter, compared to analysts’ expectations of $7.46 billion. On average, analysts expect that Deutsche Bank Aktiengesellschaft will post 2.21 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Morgan Stanley raised shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, March 27th. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Monday, March 18th. Erste Group Bank upgraded shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research report on Wednesday, March 13th. Finally, Citigroup cut shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 31st. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft 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.