Headlands Technologies LLC Buys New Stake in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Headlands Technologies LLC purchased a new stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 8,763 shares of the bank’s stock, valued at approximately $119,000.

A number of other institutional investors have also made changes to their positions in DB. Deutsche Bank AG increased its stake in Deutsche Bank Aktiengesellschaft by 64.0% during the third quarter. Deutsche Bank AG now owns 53,995,538 shares of the bank’s stock valued at $593,411,000 after acquiring an additional 21,080,301 shares during the period. Vanguard Group Inc. lifted its position in Deutsche Bank Aktiengesellschaft by 1.4% in the third quarter. Vanguard Group Inc. now owns 77,480,209 shares of the bank’s stock worth $851,507,000 after purchasing an additional 1,073,195 shares during the period. Toronto Dominion Bank acquired a new stake in Deutsche Bank Aktiengesellschaft during the third quarter worth $10,511,000. Canada Pension Plan Investment Board boosted its stake in Deutsche Bank Aktiengesellschaft by 23.0% during the third quarter. Canada Pension Plan Investment Board now owns 3,530,094 shares of the bank’s stock worth $39,057,000 after buying an additional 661,034 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its holdings in Deutsche Bank Aktiengesellschaft by 8.0% in the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 4,747,137 shares of the bank’s stock valued at $64,939,000 after buying an additional 353,600 shares during the period. 27.90% of the stock is currently owned by institutional investors.

Deutsche Bank Aktiengesellschaft Stock Performance

NYSE DB opened at $16.27 on Tuesday. Deutsche Bank Aktiengesellschaft has a 1-year low of $9.82 and a 1-year high of $17.95. The company has a 50 day moving average of $15.07 and a 200-day moving average of $13.38. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.40. The firm has a market cap of $33.63 billion, a price-to-earnings ratio of 7.10, a PEG ratio of 1.00 and a beta of 1.32.

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

Analyst Upgrades and Downgrades

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