Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Sold by Syon Capital LLC

Syon Capital LLC lessened its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 9.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 18,421 shares of the bank’s stock after selling 1,960 shares during the period. Syon Capital LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $250,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in DB. Anchor Investment Management LLC acquired a new stake in shares of Deutsche Bank Aktiengesellschaft during the 4th quarter worth about $41,000. Blue Trust Inc. grew its stake in Deutsche Bank Aktiengesellschaft by 221.4% during the 4th quarter. Blue Trust Inc. now owns 3,882 shares of the bank’s stock worth $53,000 after buying an additional 2,674 shares during the last quarter. Ballentine Partners LLC purchased a new position in Deutsche Bank Aktiengesellschaft during the 3rd quarter worth approximately $113,000. Callan Capital LLC purchased a new position in Deutsche Bank Aktiengesellschaft during the 3rd quarter worth approximately $118,000. Finally, Park Avenue Securities LLC purchased a new position in Deutsche Bank Aktiengesellschaft during the 3rd quarter worth approximately $138,000. Institutional investors and hedge funds own 27.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Erste Group Bank upgraded Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research note on Wednesday, March 13th. Citigroup downgraded Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 31st. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Monday, March 18th. Finally, Morgan Stanley upgraded Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, March 27th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Trading Down 0.8 %

Shares of DB stock opened at $17.77 on Friday. The business’s 50 day moving average is $15.00 and its two-hundred day moving average is $13.32. Deutsche Bank Aktiengesellschaft has a twelve month low of $9.82 and a twelve month high of $17.95. The company has a market capitalization of $36.73 billion, a P/E ratio of 7.76, a price-to-earnings-growth ratio of 1.00 and a beta of 1.32. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.56.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its earnings results on Friday, February 2nd. The bank reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.35. Deutsche Bank Aktiengesellschaft had a return on equity of 5.37% and a net margin of 6.86%. The company had revenue of $5.81 billion for the quarter, compared to the consensus estimate of $7.46 billion. Equities analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.21 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.