Highland Capital Management LLC Grows Stock Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Highland Capital Management LLC raised its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 6.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 37,400 shares of the bank’s stock after buying an additional 2,200 shares during the period. Highland Capital Management LLC’s holdings in Deutsche Bank Aktiengesellschaft were worth $507,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Anchor Investment Management LLC purchased a new stake in Deutsche Bank Aktiengesellschaft in the fourth quarter valued at about $41,000. Householder Group Estate & Retirement Specialist LLC purchased a new position in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at approximately $44,000. Commonwealth Equity Services LLC acquired a new stake in Deutsche Bank Aktiengesellschaft in the 3rd quarter worth approximately $76,000. Charles Schwab Investment Management Inc. purchased a new stake in Deutsche Bank Aktiengesellschaft during the 1st quarter worth approximately $104,000. Finally, HighTower Advisors LLC acquired a new position in Deutsche Bank Aktiengesellschaft during the 1st quarter valued at approximately $104,000. Institutional investors and hedge funds own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Stock Up 3.9 %

Shares of DB opened at $15.96 on Thursday. The company has a market capitalization of $32.99 billion, a price-to-earnings ratio of 7.29, a PEG ratio of 0.87 and a beta of 1.30. Deutsche Bank Aktiengesellschaft has a 52 week low of $9.52 and a 52 week high of $15.97. The stock’s 50-day moving average price is $13.66 and its 200-day moving average price is $12.49. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.56.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its quarterly earnings data on Friday, February 2nd. The bank reported $0.72 EPS for the quarter, topping the consensus estimate of $0.37 by $0.35. The business had revenue of $5.81 billion for the quarter, compared to analyst estimates of $7.46 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 5.37% and a net margin of 6.86%. On average, sell-side analysts predict that Deutsche Bank Aktiengesellschaft will post 2.21 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Morgan Stanley raised shares of Deutsche Bank Aktiengesellschaft from an “equal weight” rating to an “overweight” rating in a report on Wednesday. Citigroup downgraded Deutsche Bank Aktiengesellschaft from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 31st. Erste Group Bank upgraded Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a research report on Wednesday, March 13th. Finally, StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Monday, March 18th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, Deutsche Bank Aktiengesellschaft has an average rating of “Hold”.

About Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft, operates as a stock corporation, engages in the provision of corporate and investment banking, and asset management products and services to private clients, corporate entities, and institutional clients worldwide. Its Corporate Bank segment provides cash management, trade finance and lending, trust and agency, foreign exchange, and securities services, as well as risk management solutions.