Blue Trust Inc. Raises Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Blue Trust Inc. boosted its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 31.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,492 shares of the bank’s stock after buying an additional 8,907 shares during the period. Blue Trust Inc.’s holdings in Deutsche Bank Aktiengesellschaft were worth $649,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Commerzbank Aktiengesellschaft FI grew its stake in Deutsche Bank Aktiengesellschaft by 31,975.7% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 5,259,492 shares of the bank’s stock valued at $91,042,000 after acquiring an additional 5,275,992 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Deutsche Bank Aktiengesellschaft by 23.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,546,283 shares of the bank’s stock valued at $44,042,000 after purchasing an additional 483,788 shares in the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 2.1% in the fourth quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 2,286,316 shares of the bank’s stock valued at $39,492,000 after purchasing an additional 46,192 shares during the last quarter. Wellington Management Group LLP lifted its position in Deutsche Bank Aktiengesellschaft by 332.0% during the third quarter. Wellington Management Group LLP now owns 2,194,855 shares of the bank’s stock worth $37,964,000 after buying an additional 1,686,776 shares in the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in Deutsche Bank Aktiengesellschaft during the third quarter worth $28,515,000. Institutional investors and hedge funds own 27.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Tuesday. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft Stock Down 1.8 %

DB stock opened at $19.75 on Friday. Deutsche Bank Aktiengesellschaft has a one year low of $12.43 and a one year high of $20.45. The firm has a market cap of $39.33 billion, a PE ratio of 10.13 and a beta of 1.20. The firm’s 50 day moving average price is $17.83 and its 200-day moving average price is $16.93. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.78 and a current ratio of 0.78.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings results on Thursday, January 30th. The bank reported $0.16 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a net margin of 6.40% and a return on equity of 5.35%. On average, equities research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.46 EPS for the current year.

Deutsche Bank Aktiengesellschaft 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.