Themes Management Co LLC Invests $937,000 in Deutsche Bank Aktiengesellschaft $DB

Themes Management Co LLC bought a new position in Deutsche Bank Aktiengesellschaft (NYSE:DB) during the 4th quarter, Holdings Channel reports. The firm bought 24,306 shares of the bank’s stock, valued at approximately $937,000.

Other institutional investors and hedge funds have also modified their holdings of the company. TD Waterhouse Canada Inc. boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 43.2% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 131,626 shares of the bank’s stock worth $4,673,000 after acquiring an additional 39,717 shares in the last quarter. Mediolanum International Funds Ltd boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 50.8% in the 3rd quarter. Mediolanum International Funds Ltd now owns 273,437 shares of the bank’s stock worth $9,632,000 after acquiring an additional 92,166 shares in the last quarter. Cibc World Market Inc. boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 121.7% in the 3rd quarter. Cibc World Market Inc. now owns 181,591 shares of the bank’s stock worth $6,381,000 after acquiring an additional 99,701 shares in the last quarter. Compagnie Lombard Odier SCmA lifted its holdings in Deutsche Bank Aktiengesellschaft by 10.5% during the 4th quarter. Compagnie Lombard Odier SCmA now owns 629,334 shares of the bank’s stock worth $24,475,000 after buying an additional 59,925 shares in the last quarter. Finally, Capital World Investors lifted its holdings in Deutsche Bank Aktiengesellschaft by 1.2% during the 3rd quarter. Capital World Investors now owns 4,442,141 shares of the bank’s stock worth $156,201,000 after buying an additional 51,972 shares in the last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of Deutsche Bank Aktiengesellschaft stock opened at $32.41 on Tuesday. The firm has a fifty day moving average of $31.14 and a two-hundred day moving average of $34.88. The stock has a market capitalization of $62.87 billion, a price-to-earnings ratio of 8.93, a PEG ratio of 0.43 and a beta of 0.94. Deutsche Bank Aktiengesellschaft has a 52 week low of $27.13 and a 52 week high of $40.43. 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 (NYSE:DB) last issued its earnings results on Wednesday, April 29th. The bank reported $1.24 EPS for the quarter, beating the consensus estimate of $1.15 by $0.09. The company had revenue of $10.04 billion during the quarter, compared to analysts’ expectations of $9.85 billion. Deutsche Bank Aktiengesellschaft had a net margin of 10.43% and a return on equity of 7.69%. As a group, equities 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.