International Assets Investment Management LLC Invests $2.12 Million in Deutsche Bank Aktiengesellschaft $DB

International Assets Investment Management LLC acquired a new position in Deutsche Bank Aktiengesellschaft (NYSE:DB) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 55,079 shares of the bank’s stock, valued at approximately $2,124,000.

Several other large investors have also recently bought and sold shares of the stock. ASR Vermogensbeheer N.V. raised its stake in Deutsche Bank Aktiengesellschaft by 0.3% during the 4th quarter. ASR Vermogensbeheer N.V. now owns 431,904 shares of the bank’s stock valued at $16,795,000 after purchasing an additional 1,231 shares during the last quarter. QRG Capital Management Inc. raised its stake in Deutsche Bank Aktiengesellschaft by 27.3% during the 4th quarter. QRG Capital Management Inc. now owns 209,554 shares of the bank’s stock valued at $8,080,000 after purchasing an additional 44,937 shares during the last quarter. Triasima Portfolio Management inc. acquired a new position in Deutsche Bank Aktiengesellschaft during the 4th quarter valued at $1,601,000. Truist Financial Corp increased its holdings in Deutsche Bank Aktiengesellschaft by 6.4% in the 4th quarter. Truist Financial Corp now owns 18,519 shares of the bank’s stock valued at $714,000 after buying an additional 1,107 shares during the period. Finally, Benjamin Edwards Inc. increased its holdings in Deutsche Bank Aktiengesellschaft by 4.3% in the 4th quarter. Benjamin Edwards Inc. now owns 15,307 shares of the bank’s stock valued at $590,000 after buying an additional 629 shares during the period. 27.90% of the stock is currently owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Stock Performance

Deutsche Bank Aktiengesellschaft stock opened at $32.05 on Friday. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 1.40. Deutsche Bank Aktiengesellschaft has a 1 year low of $27.08 and a 1 year high of $40.43. The company has a market cap of $62.17 billion, a PE ratio of 8.83, a PEG ratio of 0.40 and a beta of 0.94. The company’s 50-day moving average is $31.42 and its two-hundred day moving average is $35.11.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last released its earnings results on Wednesday, April 29th. The bank reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.15 by $0.09. Deutsche Bank Aktiengesellschaft had a net margin of 10.43% and a return on equity of 7.69%. The company had revenue of $10.04 billion for the quarter, compared to the consensus estimate of $9.85 billion. Equities analysts anticipate that Deutsche Bank Aktiengesellschaft will post 4.04 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Oddo Bhf raised shares of Deutsche Bank Aktiengesellschaft to an “outperform” rating in a report on Friday. Wall Street Zen lowered shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Weiss Ratings lowered shares of Deutsche Bank Aktiengesellschaft from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday. Barclays lowered shares of Deutsche Bank Aktiengesellschaft from an “overweight” rating to an “equal weight” rating in a report on Monday, April 20th. Finally, Citigroup raised shares of Deutsche Bank Aktiengesellschaft from a “sell” rating to a “hold” rating in a report on Thursday, April 9th. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

About Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.