Anchor Investment Management LLC Takes Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Anchor Investment Management LLC bought a new stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DBFree Report) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 3,000 shares of the bank’s stock, valued at approximately $41,000.

Several other institutional investors have also recently added to or reduced their stakes in DB. Norges Bank bought a new position in Deutsche Bank Aktiengesellschaft during the 4th quarter valued at about $514,620,000. Deutsche Bank AG raised its stake in shares of Deutsche Bank Aktiengesellschaft by 64.0% in the third quarter. Deutsche Bank AG now owns 53,995,538 shares of the bank’s stock worth $593,411,000 after acquiring an additional 21,080,301 shares during the last quarter. Franklin Resources Inc. raised its stake in shares of Deutsche Bank Aktiengesellschaft by 109.3% in the first quarter. Franklin Resources Inc. now owns 4,967,422 shares of the bank’s stock worth $50,519,000 after acquiring an additional 2,594,172 shares during the last quarter. Susquehanna International Securities Ltd. raised its stake in shares of Deutsche Bank Aktiengesellschaft by 534.6% in the first quarter. Susquehanna International Securities Ltd. now owns 3,004,303 shares of the bank’s stock worth $30,674,000 after acquiring an additional 2,530,849 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of Deutsche Bank Aktiengesellschaft by 3.1% in the first quarter. Vanguard Group Inc. now owns 71,052,394 shares of the bank’s stock worth $898,813,000 after acquiring an additional 2,166,479 shares during the last quarter. 21.91% of the stock is owned by institutional investors.

Deutsche Bank Aktiengesellschaft Trading Up 1.8 %

DB opened at $14.89 on Wednesday. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.14 and a quick ratio of 1.14. The company has a market cap of $30.77 billion, a price-to-earnings ratio of 6.80, a price-to-earnings-growth ratio of 0.84 and a beta of 1.30. The firm has a 50 day simple moving average of $13.40 and a 200 day simple moving average of $12.30. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $8.85 and a fifty-two week high of $15.04.

Deutsche Bank Aktiengesellschaft (NYSE:DBGet Free Report) last posted its quarterly earnings results on Friday, February 2nd. The bank reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.35. The business had revenue of $5.81 billion during the quarter, compared to the consensus estimate of $7.46 billion. Deutsche Bank Aktiengesellschaft had a net margin of 6.86% and a return on equity of 5.37%. On average, sell-side analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.21 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have weighed in on DB. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Monday. Erste Group Bank raised shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research note on Wednesday, March 13th. Finally, Citigroup downgraded shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 31st. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Deutsche Bank Aktiengesellschaft currently has a consensus rating of “Hold”.

View Our Latest Report on DB

Deutsche Bank Aktiengesellschaft Company Profile

(Free Report)

Deutsche Bank Aktiengesellschaft, operates as a stock corporation, engages in the provision of corporate and investment banking, and asset management products and services to private clients, corporate entities, and institutional clients worldwide. Its Corporate Bank segment provides cash management, trade finance and lending, trust and agency, foreign exchange, and securities services, as well as risk management solutions.

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

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