Todd Asset Management LLC Has $5.18 Million Position in Deutsche Bank Aktiengesellschaft $DB

Todd Asset Management LLC lessened its stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 60.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 134,444 shares of the bank’s stock after selling 205,763 shares during the period. Todd Asset Management LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $5,184,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DB. Root Financial Partners LLC bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the third quarter valued at approximately $27,000. Triumph Capital Management acquired a new stake in Deutsche Bank Aktiengesellschaft during the third quarter valued at approximately $32,000. Cary Street Partners Investment Advisory LLC grew its stake in shares of Deutsche Bank Aktiengesellschaft by 61.8% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 1,081 shares of the bank’s stock valued at $38,000 after purchasing an additional 413 shares during the period. Geneos Wealth Management Inc. raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 178.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the bank’s stock worth $40,000 after buying an additional 881 shares in the last quarter. Finally, Westside Investment Management Inc. boosted its stake in Deutsche Bank Aktiengesellschaft by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 1,186 shares of the bank’s stock valued at $42,000 after buying an additional 593 shares in the last quarter. 27.90% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have issued reports on DB shares. Wall Street Zen upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Citigroup raised shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research note on Thursday, April 9th. Barclays cut shares of Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a research note on Monday, April 20th. Oddo Bhf upgraded Deutsche Bank Aktiengesellschaft to an “outperform” rating in a research report on Friday, May 8th. Finally, Weiss Ratings cut shares of Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, May 6th. Five research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Stock Down 0.1%

Shares of Deutsche Bank Aktiengesellschaft stock opened at $32.41 on Tuesday. The business has a fifty day simple moving average of $31.14 and a 200 day simple moving average of $34.88. The stock has a market cap of $62.87 billion, a PE ratio of 8.93, a price-to-earnings-growth ratio of 0.43 and a beta of 0.94. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.40. Deutsche Bank Aktiengesellschaft has a 12 month low of $27.13 and a 12 month high of $40.43.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its earnings results on Wednesday, April 29th. The bank reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.09. Deutsche Bank Aktiengesellschaft had a return on equity of 7.69% and a net margin of 10.43%.The company had revenue of $10.04 billion during the quarter, compared to analyst estimates of $9.85 billion. Research analysts predict that Deutsche Bank Aktiengesellschaft will post 4.02 EPS for the current year.

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.