Raymond James & Associates Increases Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Raymond James & Associates increased its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 21.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 42,067 shares of the bank’s stock after purchasing an additional 7,420 shares during the quarter. Raymond James & Associates’ holdings in Deutsche Bank Aktiengesellschaft were worth $570,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in DB. Ballentine Partners LLC purchased a new position in shares of Deutsche Bank Aktiengesellschaft in the third quarter valued at $113,000. Forsta AP Fonden boosted its stake in Deutsche Bank Aktiengesellschaft by 13.4% during the third quarter. Forsta AP Fonden now owns 343,238 shares of the bank’s stock valued at $3,772,000 after buying an additional 40,673 shares during the period. Advisor Partners II LLC boosted its stake in Deutsche Bank Aktiengesellschaft by 17.5% during the third quarter. Advisor Partners II LLC now owns 19,439 shares of the bank’s stock valued at $214,000 after buying an additional 2,897 shares during the period. Park Avenue Securities LLC bought a new stake in Deutsche Bank Aktiengesellschaft during the third quarter valued at $138,000. Finally, Signaturefd LLC boosted its stake in Deutsche Bank Aktiengesellschaft by 17.7% during the third quarter. Signaturefd LLC now owns 28,083 shares of the bank’s stock valued at $309,000 after buying an additional 4,231 shares during the period. 27.90% of the stock is currently owned by hedge funds and other institutional investors.

Deutsche Bank Aktiengesellschaft Trading Up 8.7 %

Shares of DB stock opened at $17.92 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.56. The business has a 50-day moving average price of $14.90 and a two-hundred day moving average price of $13.25. Deutsche Bank Aktiengesellschaft has a 12-month low of $9.82 and a 12-month high of $17.95. The firm has a market cap of $37.03 billion, a P/E ratio of 8.18, a price-to-earnings-growth ratio of 0.93 and a beta of 1.32.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings results on Friday, February 2nd. The bank reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.35. Deutsche Bank Aktiengesellschaft had a return on equity of 5.37% and a net margin of 6.86%. The firm had revenue of $5.81 billion during the quarter, compared to analyst estimates of $7.46 billion. Equities analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.22 EPS for the current fiscal year.

Wall Street Analyst Weigh In

DB has been the subject of several research analyst reports. Citigroup lowered Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 31st. Morgan Stanley raised Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, March 27th. StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Monday, March 18th. Finally, Erste Group Bank raised Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research note on Wednesday, March 13th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Deutsche Bank Aktiengesellschaft 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.