Toronto Dominion Bank Has $17.15 Million Stock Position in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Toronto Dominion Bank boosted its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 7.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,075,797 shares of the bank's stock after acquiring an additional 72,545 shares during the period. Toronto Dominion Bank owned approximately 0.05% of Deutsche Bank Aktiengesellschaft worth $17,148,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DB. Parallel Advisors LLC boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 26.9% in the fourth quarter. Parallel Advisors LLC now owns 5,483 shares of the bank's stock valued at $74,000 after buying an additional 1,163 shares during the period. TD Asset Management Inc increased its holdings in Deutsche Bank Aktiengesellschaft by 1.3% during the 4th quarter. TD Asset Management Inc now owns 414,752 shares of the bank's stock worth $5,665,000 after purchasing an additional 5,442 shares in the last quarter. Dorsey & Whitney Trust CO LLC raised its stake in shares of Deutsche Bank Aktiengesellschaft by 7.1% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 20,655 shares of the bank's stock valued at $280,000 after purchasing an additional 1,362 shares during the period. Capital International Investors bought a new stake in shares of Deutsche Bank Aktiengesellschaft in the fourth quarter valued at about $252,028,000. Finally, Capital International Ltd. CA acquired a new position in shares of Deutsche Bank Aktiengesellschaft during the fourth quarter worth about $2,991,000. 27.90% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DB has been the topic of several analyst reports. StockNews.com cut shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research report on Friday, July 26th. Barclays raised Deutsche Bank Aktiengesellschaft from an "equal weight" rating to an "overweight" rating in a research report on Tuesday, September 3rd. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold".

Deutsche Bank Aktiengesellschaft Stock Performance

NYSE DB opened at $17.36 on Friday. The firm has a market capitalization of $35.87 billion, a P/E ratio of 7.58, a price-to-earnings-growth ratio of 2.65 and a beta of 1.21. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.43. The firm's fifty day moving average price is $15.86 and its two-hundred day moving average price is $16.09. Deutsche Bank Aktiengesellschaft has a 1 year low of $10.00 and a 1 year high of $17.95.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last issued its earnings results on Wednesday, July 24th. The bank reported ($0.41) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.90). Deutsche Bank Aktiengesellschaft had a net margin of 5.58% and a return on equity of 4.63%. The firm had revenue of $7.87 billion during the quarter, compared to analyst estimates of $8.18 billion. As a group, research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 2.29 EPS for the current 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.