Deutsche Bank Aktiengesellschaft (NYSE:DB) Shares Acquired by MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH

MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH grew its holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 24.5% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 2,240,124 shares of the bank's stock after buying an additional 440,513 shares during the period. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH's holdings in Deutsche Bank Aktiengesellschaft were worth $38,746,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in DB. Aprio Wealth Management LLC lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 4.3% in the 2nd quarter. Aprio Wealth Management LLC now owns 14,686 shares of the bank's stock worth $234,000 after acquiring an additional 604 shares during the period. First Trust Direct Indexing L.P. lifted its position in Deutsche Bank Aktiengesellschaft by 1.3% in the first quarter. First Trust Direct Indexing L.P. now owns 47,872 shares of the bank's stock valued at $755,000 after purchasing an additional 630 shares during the period. Cetera Advisors LLC boosted its holdings in Deutsche Bank Aktiengesellschaft by 9.2% in the 1st quarter. Cetera Advisors LLC now owns 11,826 shares of the bank's stock valued at $186,000 after purchasing an additional 1,001 shares in the last quarter. Rhumbline Advisers increased its position in Deutsche Bank Aktiengesellschaft by 4.3% during the 2nd quarter. Rhumbline Advisers now owns 30,018 shares of the bank's stock worth $478,000 after purchasing an additional 1,230 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Deutsche Bank Aktiengesellschaft by 20.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 7,368 shares of the bank's stock worth $118,000 after buying an additional 1,251 shares in the last quarter. Institutional investors and hedge funds own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Price Performance

NYSE DB traded down $0.32 during mid-day trading on Monday, hitting $17.45. The stock had a trading volume of 4,945,477 shares, compared to its average volume of 2,443,399. The company has a 50 day simple moving average of $16.21 and a 200 day simple moving average of $16.29. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.43. The company has a market cap of $36.07 billion, a price-to-earnings ratio of 7.69 and a beta of 1.21. Deutsche Bank Aktiengesellschaft has a 52-week low of $10.00 and a 52-week high of $17.95.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last announced its quarterly earnings results on Wednesday, July 24th. The bank reported ($0.41) earnings per share for the quarter, missing analysts' consensus estimates 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 analysts' expectations of $8.18 billion.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on DB. StockNews.com raised Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a report 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 equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently 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.