Signaturefd LLC Buys 2,866 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Signaturefd LLC lifted its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 8.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 35,403 shares of the bank’s stock after acquiring an additional 2,866 shares during the quarter. Signaturefd LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $613,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. increased its position in Deutsche Bank Aktiengesellschaft by 3.1% during the 1st quarter. Vanguard Group Inc. now owns 79,928,261 shares of the bank’s stock valued at $1,260,469,000 after purchasing an additional 2,369,026 shares during the period. Capital International Investors increased its holdings in Deutsche Bank Aktiengesellschaft by 163.4% during the first quarter. Capital International Investors now owns 48,638,662 shares of the bank’s stock valued at $765,173,000 after buying an additional 30,173,405 shares during the period. Legal & General Group Plc raised its stake in Deutsche Bank Aktiengesellschaft by 8,267.7% in the second quarter. Legal & General Group Plc now owns 20,181,236 shares of the bank’s stock worth $322,438,000 after buying an additional 19,940,056 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in Deutsche Bank Aktiengesellschaft by 81.9% during the first quarter. Acadian Asset Management LLC now owns 16,069,955 shares of the bank’s stock worth $253,048,000 after buying an additional 7,237,525 shares during the period. Finally, Capital International Inc. CA increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 414.1% in the 1st quarter. Capital International Inc. CA now owns 7,371,601 shares of the bank’s stock valued at $115,971,000 after acquiring an additional 5,937,749 shares during the period. Institutional investors own 27.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on DB shares. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Monday, October 7th. Barclays upgraded shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a report on Tuesday, September 3rd. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft Stock Down 1.2 %

Deutsche Bank Aktiengesellschaft stock opened at $17.12 on Friday. Deutsche Bank Aktiengesellschaft has a 1-year low of $10.70 and a 1-year high of $17.95. The business has a fifty day moving average price of $16.74 and a 200-day moving average price of $16.38. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.78 and a quick ratio of 0.78. The stock has a market capitalization of $35.38 billion, a price-to-earnings ratio of 7.48 and a beta of 1.21.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings results on Wednesday, July 24th. The bank reported ($0.41) earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.90). Deutsche Bank Aktiengesellschaft had a return on equity of 4.63% and a net margin of 5.58%. The business had revenue of $7.87 billion during the quarter, compared to analyst estimates of $8.18 billion.

About Deutsche Bank Aktiengesellschaft

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.