Cerity Partners LLC Purchases 6,277 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Cerity Partners LLC increased its position in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 14.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 49,059 shares of the bank’s stock after buying an additional 6,277 shares during the period. Cerity Partners LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $665,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of DB. National Bank of Canada FI boosted its holdings in Deutsche Bank Aktiengesellschaft by 26.5% during the third quarter. National Bank of Canada FI now owns 199,619 shares of the bank’s stock valued at $2,131,000 after acquiring an additional 41,769 shares during the period. Ballentine Partners LLC bought a new stake in Deutsche Bank Aktiengesellschaft during the 3rd quarter valued at approximately $113,000. Raymond James & Associates grew its holdings in Deutsche Bank Aktiengesellschaft by 6.6% in the 3rd quarter. Raymond James & Associates now owns 34,647 shares of the bank’s stock valued at $381,000 after buying an additional 2,156 shares during the last quarter. Forsta AP Fonden grew its stake in shares of Deutsche Bank Aktiengesellschaft by 13.4% in the third quarter. Forsta AP Fonden now owns 343,238 shares of the bank’s stock worth $3,772,000 after acquiring an additional 40,673 shares during the last quarter. Finally, Advisor Partners II LLC boosted its holdings in Deutsche Bank Aktiengesellschaft by 17.5% in the 3rd quarter. Advisor Partners II LLC now owns 19,439 shares of the bank’s stock valued at $214,000 after purchasing an additional 2,897 shares during the period. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DB has been the subject of a number of research analyst reports. Citigroup lowered shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 31st. Morgan Stanley raised Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, March 27th. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Monday, March 18th. Finally, Erste Group Bank raised shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a report on Wednesday, March 13th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Trading Up 1.6 %

NYSE:DB opened at $16.50 on Wednesday. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.14 and a quick ratio of 1.14. The business’s 50-day simple moving average is $14.73 and its 200-day simple moving average is $13.20. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $9.82 and a fifty-two week high of $16.50. The stock has a market capitalization of $34.10 billion, a PE ratio of 7.53, a price-to-earnings-growth ratio of 0.90 and a beta of 1.32.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly 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. The firm had revenue of $5.81 billion for the quarter, compared to analyst estimates of $7.46 billion. Deutsche Bank Aktiengesellschaft had a net margin of 6.86% and a return on equity of 5.37%. Sell-side analysts expect that Deutsche Bank Aktiengesellschaft will post 2.22 earnings per share for the current fiscal year.

Deutsche Bank Aktiengesellschaft Company 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.