Deutsche Bank Aktiengesellschaft $DB Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC trimmed its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 16.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 359,703 shares of the bank’s stock after selling 71,765 shares during the period. Natixis Advisors LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $13,870,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in DB. Triumph Capital Management acquired a new stake in Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at about $32,000. Cary Street Partners Investment Advisory LLC grew its stake 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 valued at $38,000 after acquiring an additional 413 shares during the last quarter. Geneos Wealth Management Inc. grew its stake 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 valued at $40,000 after acquiring an additional 881 shares during the last quarter. Advisory Services Network LLC acquired a new stake in Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at about $59,000. Finally, Bessemer Group Inc. grew its stake in Deutsche Bank Aktiengesellschaft by 157.9% in the 3rd quarter. Bessemer Group Inc. now owns 1,986 shares of the bank’s stock valued at $70,000 after acquiring an additional 1,216 shares during the last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Price Performance

DB opened at $31.54 on Friday. The company’s 50 day simple moving average is $31.71 and its 200 day simple moving average is $34.60. 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 1 year low of $27.13 and a 1 year high of $40.43. The stock has a market capitalization of $61.19 billion, a PE ratio of 8.69, a P/E/G ratio of 0.42 and a beta of 0.93.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its earnings results on Wednesday, April 29th. The bank reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.09. Deutsche Bank Aktiengesellschaft had a net margin of 10.43% and a return on equity of 7.69%. The business had revenue of $10.04 billion for the quarter, compared to analysts’ expectations of $9.85 billion. As a group, sell-side analysts expect that Deutsche Bank Aktiengesellschaft will post 4.02 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Oddo Bhf raised shares of Deutsche Bank Aktiengesellschaft to an “outperform” rating in a research note on Friday, May 8th. Barclays cut shares of Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a research note on Monday, April 20th. Wall Street Zen cut shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Saturday. Citigroup raised shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research note on Thursday, April 9th. Finally, Weiss Ratings cut shares of Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, May 6th. Five analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Deutsche Bank Aktiengesellschaft has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft 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.