Deutsche Bank Aktiengesellschaft $DB Shares Acquired by Moore Capital Management LP

Moore Capital Management LP boosted its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 86.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,177,988 shares of the bank’s stock after buying an additional 545,987 shares during the quarter. Deutsche Bank Aktiengesellschaft accounts for about 0.7% of Moore Capital Management LP’s investment portfolio, making the stock its 19th largest position. Moore Capital Management LP’s holdings in Deutsche Bank Aktiengesellschaft were worth $45,796,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the business. Legacy Capital Group California Inc. grew its position in Deutsche Bank Aktiengesellschaft by 2.2% in the third quarter. Legacy Capital Group California Inc. now owns 12,368 shares of the bank’s stock worth $438,000 after buying an additional 264 shares during the last quarter. Evergreen Capital Management LLC grew its position in Deutsche Bank Aktiengesellschaft by 1.9% in the second quarter. Evergreen Capital Management LLC now owns 15,436 shares of the bank’s stock worth $452,000 after buying an additional 282 shares during the last quarter. Cresset Asset Management LLC grew its position in Deutsche Bank Aktiengesellschaft by 2.4% in the third quarter. Cresset Asset Management LLC now owns 11,955 shares of the bank’s stock worth $423,000 after buying an additional 285 shares during the last quarter. Smartleaf Asset Management LLC grew its position in Deutsche Bank Aktiengesellschaft by 2.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 14,636 shares of the bank’s stock worth $568,000 after buying an additional 323 shares during the last quarter. Finally, Aprio Wealth Management LLC grew its position in Deutsche Bank Aktiengesellschaft by 1.5% in the third quarter. Aprio Wealth Management LLC now owns 24,114 shares of the bank’s stock worth $854,000 after buying an additional 353 shares during the last quarter. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Trading Up 0.4%

Shares of NYSE:DB opened at $35.02 on Thursday. The firm has a fifty day moving average of $32.28 and a two-hundred day moving average of $34.51. The firm has a market capitalization of $67.94 billion, a P/E ratio of 9.65, a price-to-earnings-growth ratio of 0.47 and a beta of 0.93. Deutsche Bank Aktiengesellschaft has a 12-month low of $27.26 and a 12-month high of $40.43. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.40.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its earnings results on Wednesday, April 29th. The bank reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.15 by $0.09. The company had revenue of $10.04 billion during the quarter, compared to analyst estimates of $9.85 billion. Deutsche Bank Aktiengesellschaft had a net margin of 10.43% and a return on equity of 7.69%. On average, equities analysts expect that Deutsche Bank Aktiengesellschaft will post 3.97 EPS for the current fiscal year.

Analyst Ratings Changes

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

About Deutsche Bank Aktiengesellschaft

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.