Mitsubishi UFJ Trust & Banking Corp Has $8.66 Million Stake in Deutsche Bank Aktiengesellschaft $DB

Mitsubishi UFJ Trust & Banking Corp lowered its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) by 21.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 303,114 shares of the bank’s stock after selling 82,833 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Deutsche Bank Aktiengesellschaft were worth $8,664,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Contravisory Investment Management Inc. raised its holdings in Deutsche Bank Aktiengesellschaft by 2.9% during the 2nd quarter. Contravisory Investment Management Inc. now owns 12,223 shares of the bank’s stock worth $358,000 after buying an additional 346 shares during the period. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Deutsche Bank Aktiengesellschaft by 4.7% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 10,033 shares of the bank’s stock valued at $294,000 after buying an additional 450 shares during the period. Dorsey & Whitney Trust CO LLC increased its position in shares of Deutsche Bank Aktiengesellschaft by 2.2% during the first quarter. Dorsey & Whitney Trust CO LLC now owns 21,914 shares of the bank’s stock worth $522,000 after acquiring an additional 477 shares in the last quarter. Drive Wealth Management LLC raised its holdings in shares of Deutsche Bank Aktiengesellschaft by 3.9% during the second quarter. Drive Wealth Management LLC now owns 13,125 shares of the bank’s stock worth $384,000 after acquiring an additional 489 shares during the period. Finally, Venturi Wealth Management LLC lifted its position in Deutsche Bank Aktiengesellschaft by 1.2% in the 2nd quarter. Venturi Wealth Management LLC now owns 42,469 shares of the bank’s stock valued at $1,244,000 after acquiring an additional 509 shares in the last quarter. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Price Performance

NYSE:DB opened at $36.95 on Monday. Deutsche Bank Aktiengesellschaft has a 52-week low of $16.02 and a 52-week high of $38.78. The company has a market cap of $73.60 billion, a P/E ratio of 13.63, a P/E/G ratio of 1.12 and a beta of 1.02. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.79 and a current ratio of 0.79. The stock’s 50-day simple moving average is $35.67 and its 200 day simple moving average is $32.50.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last issued its quarterly earnings results on Wednesday, October 29th. The bank reported $0.97 EPS for the quarter, beating the consensus estimate of $0.81 by $0.16. The firm had revenue of $9.44 billion during the quarter, compared to analysts’ expectations of $7.75 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 6.13% and a net margin of 7.99%. As a group, sell-side analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Wall Street Analyst Weigh In

DB has been the subject of a number of research reports. Barclays upgraded Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a report on Friday, October 10th. Zacks Research cut Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 22nd. Royal Bank Of Canada reissued an “outperform” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, July 28th. Jefferies Financial Group initiated coverage on Deutsche Bank Aktiengesellschaft in a research note on Monday, October 20th. They issued a “hold” rating on the stock. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Tuesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

About Deutsche Bank Aktiengesellschaft

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.