Hudson Executive Capital LP Cuts Stock Holdings in Deutsche Bank Aktiengesellschaft (NYSE:DB)

Hudson Executive Capital LP decreased its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 9.2% in the fourth quarter, HoldingsChannel reports. The firm owned 15,541,575 shares of the bank’s stock after selling 1,570,000 shares during the quarter. Deutsche Bank Aktiengesellschaft makes up 67.5% of Hudson Executive Capital LP’s investment portfolio, making the stock its biggest position. Hudson Executive Capital LP’s holdings in Deutsche Bank Aktiengesellschaft were worth $267,896,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new position in Deutsche Bank Aktiengesellschaft in the third quarter worth about $43,000. Jones Financial Companies Lllp raised its position in shares of Deutsche Bank Aktiengesellschaft by 1,270.5% in the 4th quarter. Jones Financial Companies Lllp now owns 4,043 shares of the bank’s stock worth $69,000 after acquiring an additional 3,748 shares in the last quarter. Activest Wealth Management purchased a new position in shares of Deutsche Bank Aktiengesellschaft in the 4th quarter valued at approximately $86,000. Smartleaf Asset Management LLC grew its stake in Deutsche Bank Aktiengesellschaft by 218.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 7,278 shares of the bank’s stock worth $125,000 after purchasing an additional 4,992 shares during the period. Finally, Headlands Technologies LLC raised its holdings in Deutsche Bank Aktiengesellschaft by 3,320.8% in the fourth quarter. Headlands Technologies LLC now owns 8,894 shares of the bank’s stock worth $152,000 after purchasing an additional 8,634 shares in the last quarter. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on DB. The Goldman Sachs Group raised shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research report on Thursday, January 30th. Citigroup reaffirmed a “neutral” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Monday, February 3rd. Royal Bank of Canada reissued an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, March 24th. Barclays reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Finally, StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Wednesday, February 5th. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Deutsche Bank Aktiengesellschaft presently has a consensus rating of “Moderate Buy”.

Deutsche Bank Aktiengesellschaft Price Performance

Shares of NYSE DB opened at $27.33 on Friday. The company has a 50 day moving average of $24.07 and a 200 day moving average of $20.25. The company has a quick ratio of 0.78, a current ratio of 0.74 and a debt-to-equity ratio of 1.45. Deutsche Bank Aktiengesellschaft has a twelve month low of $13.70 and a twelve month high of $27.38. The firm has a market cap of $54.44 billion, a P/E ratio of 19.66 and a beta of 1.00.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings results on Tuesday, April 29th. The bank reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.19. Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. The firm had revenue of $8.97 billion for the quarter, compared to the consensus estimate of $7.95 billion. As a group, research analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft 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.