Moore Capital Management LP Has $45.80 Million Holdings in Deutsche Bank Aktiengesellschaft $DB

Moore Capital Management LP lifted its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 86.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,177,988 shares of the bank’s stock after purchasing an additional 545,987 shares during the period. Deutsche Bank Aktiengesellschaft accounts for about 0.7% of Moore Capital Management LP’s investment portfolio, making the stock its 19th biggest holding. Moore Capital Management LP’s holdings in Deutsche Bank Aktiengesellschaft were worth $45,796,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of DB. Triumph Capital Management acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at $32,000. Cary Street Partners Investment Advisory LLC raised its holdings in 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 worth $38,000 after acquiring an additional 413 shares during the period. Geneos Wealth Management Inc. raised its holdings in 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 acquiring an additional 881 shares during the period. Advisory Services Network LLC bought a new position in Deutsche Bank Aktiengesellschaft in the 3rd quarter worth $59,000. Finally, Advocate Investing Services LLC bought a new position in Deutsche Bank Aktiengesellschaft in the 4th quarter worth $93,000. Institutional investors and hedge funds own 27.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on DB. Oddo Bhf upgraded shares of Deutsche Bank Aktiengesellschaft to an “outperform” rating in a report on Friday, May 8th. Weiss Ratings downgraded shares of Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 6th. Citigroup upgraded shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a report on Thursday, April 9th. Wall Street Zen lowered shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Finally, Barclays lowered shares of Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a research report on Monday, April 20th. Four equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Trading Up 0.4%

Shares of DB opened at $35.02 on Thursday. The stock has a fifty day moving average price of $32.28 and a two-hundred day moving average price of $34.51. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.74 and a current ratio of 0.74. Deutsche Bank Aktiengesellschaft has a 52-week low of $27.26 and a 52-week high of $40.43. The company has a market cap of $67.94 billion, a price-to-earnings ratio of 9.65, a PEG ratio of 0.47 and a beta of 0.93.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings data on Wednesday, April 29th. The bank reported $1.24 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $10.04 billion during the quarter, compared to the consensus estimate of $9.85 billion. Analysts predict that Deutsche Bank Aktiengesellschaft will post 3.97 EPS for the current fiscal 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.