Leuthold Group LLC Sells 3,628 Shares of Deutsche Bank Aktiengesellschaft $DB

Leuthold Group LLC lessened its position in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 1.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 252,216 shares of the bank’s stock after selling 3,628 shares during the period. Leuthold Group LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $7,385,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in DB. Cetera Investment Advisers raised its stake in shares of Deutsche Bank Aktiengesellschaft by 120.4% during the first quarter. Cetera Investment Advisers now owns 42,833 shares of the bank’s stock valued at $1,021,000 after acquiring an additional 23,395 shares during the last quarter. LPL Financial LLC increased its stake in shares of Deutsche Bank Aktiengesellschaft by 139.4% in the first quarter. LPL Financial LLC now owns 70,463 shares of the bank’s stock valued at $1,679,000 after buying an additional 41,028 shares during the period. Federated Hermes Inc. raised its position in shares of Deutsche Bank Aktiengesellschaft by 651.9% during the first quarter. Federated Hermes Inc. now owns 4,910 shares of the bank’s stock worth $116,000 after acquiring an additional 4,257 shares during the last quarter. Natixis Advisors LLC boosted its holdings in Deutsche Bank Aktiengesellschaft by 9.7% in the first quarter. Natixis Advisors LLC now owns 395,495 shares of the bank’s stock valued at $9,425,000 after acquiring an additional 35,112 shares during the last quarter. Finally, US Bancorp DE increased its position in Deutsche Bank Aktiengesellschaft by 10.4% during the 1st quarter. US Bancorp DE now owns 53,714 shares of the bank’s stock valued at $1,280,000 after purchasing an additional 5,076 shares during the period. 27.90% of the stock is owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Trading Up 0.3%

NYSE DB opened at $35.57 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 1.39. The business has a fifty day simple moving average of $35.32 and a 200 day simple moving average of $33.00. Deutsche Bank Aktiengesellschaft has a 12 month low of $16.60 and a 12 month high of $38.78. The firm has a market capitalization of $70.86 billion, a P/E ratio of 13.13, a PEG ratio of 1.12 and a beta of 1.02.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its earnings results on Wednesday, October 29th. The bank reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.16. The firm had revenue of $9.44 billion during the quarter, compared to analyst estimates of $7.75 billion. Deutsche Bank Aktiengesellschaft had a net margin of 7.99% and a return on equity of 6.13%. On average, analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on DB shares. Jefferies Financial Group started coverage on shares of Deutsche Bank Aktiengesellschaft in a report on Monday, October 20th. They issued a “hold” rating on the stock. Barclays upgraded Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research report on Friday, October 10th. The Goldman Sachs Group downgraded Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a report on Tuesday, August 26th. Weiss Ratings restated a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Wednesday, October 8th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, November 24th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average 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.