Highland Capital Management LLC Boosts Stake in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Highland Capital Management LLC lifted its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB) by 6.3% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 37,400 shares of the bank’s stock after buying an additional 2,200 shares during the period. Highland Capital Management LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $507,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Aprio Wealth Management LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 29.6% in the fourth quarter. Aprio Wealth Management LLC now owns 13,032 shares of the bank’s stock worth $177,000 after acquiring an additional 2,973 shares during the period. Raymond James & Associates boosted its stake in Deutsche Bank Aktiengesellschaft by 21.4% in the 4th quarter. Raymond James & Associates now owns 42,067 shares of the bank’s stock worth $570,000 after purchasing an additional 7,420 shares during the period. Radnor Capital Management LLC grew its holdings in Deutsche Bank Aktiengesellschaft by 80.6% during the 4th quarter. Radnor Capital Management LLC now owns 44,800 shares of the bank’s stock valued at $607,000 after buying an additional 20,000 shares in the last quarter. Anchor Investment Management LLC bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter valued at about $41,000. Finally, Vanguard Group Inc. lifted its holdings in shares of Deutsche Bank Aktiengesellschaft by 1.4% in the third quarter. Vanguard Group Inc. now owns 77,480,209 shares of the bank’s stock worth $851,507,000 after buying an additional 1,073,195 shares in the last quarter. 27.90% of the stock is currently owned by institutional investors.

Deutsche Bank Aktiengesellschaft Price Performance

DB stock opened at $15.96 on Thursday. The firm’s fifty day moving average is $13.66 and its 200 day moving average is $12.49. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.14 and a current ratio of 1.14. Deutsche Bank Aktiengesellschaft has a 52 week low of $9.52 and a 52 week high of $15.97. The firm has a market cap of $32.99 billion, a P/E ratio of 7.29, a P/E/G ratio of 0.87 and a beta of 1.30.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its earnings results on Friday, February 2nd. The bank reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $7.46 billion. Research analysts predict that Deutsche Bank Aktiengesellschaft will post 2.21 earnings per share for the current year.

Wall Street Analysts Forecast Growth

DB has been the topic of a number of analyst reports. Citigroup lowered shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a report on Wednesday, January 31st. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Monday, March 18th. Morgan Stanley upgraded shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research report on Wednesday. Finally, Erste Group Bank upgraded shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research report on Wednesday, March 13th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft, operates as a stock corporation, engages in the provision of corporate and investment banking, and asset management products and services to private clients, corporate entities, and institutional clients worldwide. Its Corporate Bank segment provides cash management, trade finance and lending, trust and agency, foreign exchange, and securities services, as well as risk management solutions.