Toth Financial Advisory Corp Sells 40,850 Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB)

Toth Financial Advisory Corp reduced its position in Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) by 61.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,200 shares of the bank's stock after selling 40,850 shares during the period. Toth Financial Advisory Corp's holdings in Deutsche Bank Aktiengesellschaft were worth $436,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DB. Allspring Global Investments Holdings LLC raised its stake in Deutsche Bank Aktiengesellschaft by 329,898.6% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 699,597 shares of the bank's stock valued at $12,101,000 after purchasing an additional 699,385 shares during the last quarter. Raymond James & Associates lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 30.4% during the third quarter. Raymond James & Associates now owns 336,986 shares of the bank's stock valued at $5,833,000 after buying an additional 78,517 shares during the period. Blue Trust Inc. grew its stake in Deutsche Bank Aktiengesellschaft by 232.9% in the 3rd quarter. Blue Trust Inc. now owns 28,585 shares of the bank's stock worth $456,000 after acquiring an additional 19,998 shares during the period. Vontobel Holding Ltd. lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 20.7% during the 3rd quarter. Vontobel Holding Ltd. now owns 882,380 shares of the bank's stock worth $15,229,000 after purchasing an additional 151,553 shares during the period. Finally, Creative Planning boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 26.1% during the third quarter. Creative Planning now owns 143,117 shares of the bank's stock worth $2,477,000 after purchasing an additional 29,622 shares during the last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Stock Up 0.6 %

Deutsche Bank Aktiengesellschaft stock traded up $0.11 during trading hours on Tuesday, hitting $17.58. The company had a trading volume of 1,548,883 shares, compared to its average volume of 2,407,585. The firm has a market capitalization of $36.32 billion, a P/E ratio of 7.67 and a beta of 1.21. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.78 and a quick ratio of 0.78. Deutsche Bank Aktiengesellschaft has a fifty-two week low of $10.00 and a fifty-two week high of $17.95. The firm's fifty day moving average is $16.59 and its 200-day moving average is $16.35.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released its quarterly earnings data 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 net margin of 5.58% and a return on equity of 4.63%. The company had revenue of $7.87 billion during the quarter, compared to the consensus estimate of $8.18 billion.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research note on Monday, October 7th. Barclays raised shares of Deutsche Bank Aktiengesellschaft from an "equal weight" rating to an "overweight" rating in a research report on Tuesday, September 3rd. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus 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.