Blue Trust Inc. Increases Stake in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Blue Trust Inc. increased its stake in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 31.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,492 shares of the bank’s stock after buying an additional 8,907 shares during the quarter. Blue Trust Inc.’s holdings in Deutsche Bank Aktiengesellschaft were worth $649,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Versant Capital Management Inc purchased a new stake in Deutsche Bank Aktiengesellschaft in the fourth quarter valued at approximately $26,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at $43,000. Allworth Financial LP increased its stake in shares of Deutsche Bank Aktiengesellschaft by 3,738.1% in the third quarter. Allworth Financial LP now owns 8,252 shares of the bank’s stock worth $143,000 after acquiring an additional 8,037 shares during the period. Legacy Capital Group California Inc. purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the third quarter worth $195,000. Finally, Contravisory Investment Management Inc. acquired a new position in Deutsche Bank Aktiengesellschaft during the third quarter valued at $197,000. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Price Performance

NYSE:DB opened at $19.75 on Friday. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.78 and a quick ratio of 0.78. The company has a 50 day moving average price of $17.83 and a 200-day moving average price of $16.93. Deutsche Bank Aktiengesellschaft has a 1-year low of $12.43 and a 1-year high of $20.45. The firm has a market cap of $39.33 billion, a price-to-earnings ratio of 10.13 and a beta of 1.20.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings data on Thursday, January 30th. The bank reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a net margin of 6.40% and a return on equity of 5.35%. Equities research analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.46 EPS for the current year.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note on Tuesday. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

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.