28,491 Shares of Deutsche Bank Aktiengesellschaft $DB Purchased by CenterBook Partners LP

CenterBook Partners LP bought a new stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 28,491 shares of the bank’s stock, valued at approximately $1,023,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Amundi raised its holdings in Deutsche Bank Aktiengesellschaft by 11.4% in the 1st quarter. Amundi now owns 60,059,707 shares of the bank’s stock worth $1,788,578,000 after purchasing an additional 6,139,611 shares during the period. Bank of America Corp DE boosted its position in Deutsche Bank Aktiengesellschaft by 83.1% during the first quarter. Bank of America Corp DE now owns 21,420,171 shares of the bank’s stock worth $637,893,000 after purchasing an additional 9,719,181 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its position in Deutsche Bank Aktiengesellschaft by 5.4% during the first quarter. DekaBank Deutsche Girozentrale now owns 18,743,906 shares of the bank’s stock worth $600,821,000 after purchasing an additional 957,307 shares in the last quarter. Kahn Brothers Group Inc. acquired a new stake in Deutsche Bank Aktiengesellschaft in the second quarter valued at approximately $297,800,000. Finally, Ninety One UK Ltd acquired a new stake in Deutsche Bank Aktiengesellschaft in the third quarter valued at approximately $222,362,000. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on the company. The Goldman Sachs Group upgraded Deutsche Bank Aktiengesellschaft from a “neutral” rating to a “buy” rating in a research report on Tuesday, September 1st. Morgan Stanley reiterated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Wednesday, September 2nd. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, October 5th. Jefferies Financial Group raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 27th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Tuesday, October 27th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Deutsche Bank Aktiengesellschaft currently has a consensus rating of “Moderate Buy” and an average target price of $43.00.

Deutsche Bank Aktiengesellschaft Stock Up 1.3%

NYSE DB opened at $37.06 on Wednesday. The business has a fifty day moving average price of $35.82 and a 200 day moving average price of $34.67. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.72 and a current ratio of 0.72. The company has a market cap of $71.90 billion, a P/E ratio of 9.60, a P/E/G ratio of 0.56 and a beta of 1.05. Deutsche Bank Aktiengesellschaft has a one year low of $28.12 and a one year high of $41.62.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its earnings results on Wednesday, October 28th. The bank reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.15. Deutsche Bank Aktiengesellschaft had a net margin of 11.59% and a return on equity of 8.63%. The company had revenue of $9.44 billion for the quarter, compared to analysts’ expectations of $9.32 billion. Research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 3.77 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Profile

Deutsche Bank Aktiengesellschaft is a global financial services company headquartered in Frankfurt, Germany. Founded in Berlin in 1870 to support German and international trade, it has grown into one of Germany’s largest banking groups. The bank serves businesses, governments, institutional investors and individuals in Germany and other markets around the world. Its Corporate Bank provides services such as cash management, payments, trade finance and lending, while its Investment Bank offers capital-markets, advisory, financing and trading services.